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Fort Bend County/Sugar Land/77479

77479

ZIPSAFMR
Fort Bend County, TX
Zillow

ZIP Investment Score

44Below average

095130300
BRFMR
Eff. Rent
0 BR$1,780$1,650
1 BR$1,820$1,770
2 BR$2,160$1,820
3 BR$2,910$1,750
4 BR$3,610$2,450
5 BR$4,152Not available
6 BR$4,774Not available
7 BR$5,490Not available
8 BR$6,314Not available

Purchase Price Calculator

Maximum purchase price
$208,535

Cost breakdown

+Likely effective rent$1,820
HUD FMR$2,160
Market rentUsed$1,820
Est. payment standard (90%)$1,940
-Principal and interest-$1,054
Loan amount$166,828
Down payment$41,707
Rate6.50%
Term30 years
-Operating costs-$566
Property taxes-$209
Insurance-$175
Utilities$0
HOA$0
Management-$182
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,211(70.0% ROI)
Projected value
$224,569
Return breakdown
Property appreciation+$16,034
Loan principal paid down+$5,977
Rental cash flow+$7,200
5-year hold
+$50,062(120.0% ROI)
Projected value
$235,938
Return breakdown
Property appreciation+$27,403
Loan principal paid down+$10,659
Rental cash flow+$12,000
10-year hold
+$107,805(258.5% ROI)
Projected value
$266,942
Return breakdown
Property appreciation+$58,407
Loan principal paid down+$25,398
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.08
1 BR
1.03
2 BR
1.19
3 BR
1.66
4 BR
1.47
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 77479 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 77479 (Sugar Land, TX) is $2,160 a month. That is down 8.5% from $2,360 in FY 2026. Sugar Land is in the Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,497. Among 39 ZIP codes in Fort Bend County, 77479 has the 3rd-highest two-bedroom rent (county range $1,010–$2,250). The median county two-bedroom FMR in Texas is $1,105, so ZIP 77479 is 96% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 77479
BedroomsFY 2027Change90–110% range
Studio$1,780−7.3%$1,602–$1,958
1BR$1,820−8.1%$1,638–$2,002
2BR$2,160−8.5%$1,944–$2,376
3BR$2,910−8.2%$2,619–$3,201
4BR$3,610−8.8%$3,249–$3,971

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 77479
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,780$1,820$2,160$2,910$3,610
FY 2026$1,920$1,980$2,360$3,170$3,960
FY 2025$1,840$1,920$2,290$3,050$3,850
FY 2024$1,610$1,710$2,040$2,690$3,460
FY 2023$1,540$1,640$1,960$2,580$3,340

Two-bedroom rent in nearby Fort Bend County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 77479
77464$1,290−40.3%
77469$1,760−18.5%
77471$1,450−32.9%
77476$1,410−34.7%
77477$1,580−26.9%
77478$1,840−14.8%
77479Current$2,160—
77481$1,680−22.2%
77485$1,010−53.2%
77487$1,900−12.0%
77489$1,920−11.1%
77493$1,920−11.1%

Questions about ZIP 77479 rents

How much will Section 8 pay for a two-bedroom in ZIP 77479?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,497, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,347 to $1,647 a month; under the ZIP-level Small Area FMR of $2,160 it would be $1,944 to $2,376. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 77479 in?

ZIP 77479 is in the Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,497.

How much did fair market rent change in ZIP 77479 for FY 2027?

The two-bedroom FMR fell 8.5%, from $2,360 in FY 2026 to $2,160 in FY 2027. Since FY 2023 it has risen 10.2%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentSugar Land, TX fair market rentTX statewide rentsWhat is SAFMR?Data sources