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Fort Bend County/Sugar Land/77498

77498

ZIPSAFMR
Fort Bend County, TX
Zillow

ZIP Investment Score

82Below average

095130300
BRFMR
Eff. Rent
0 BR$1,610$1,320
1 BR$1,640$1,410
2 BR$1,950$1,860
3 BR$2,630$1,960
4 BR$3,260$2,320
5 BR$3,749Not available
6 BR$4,311Not available
7 BR$4,958Not available
8 BR$5,702Not available

Purchase Price Calculator

Maximum purchase price
$214,479

Cost breakdown

+Likely effective rent$1,860
HUD FMR$1,950
Market rentUsed$1,860
Est. payment standard (97%)$1,890
-Principal and interest-$1,085
Loan amount$171,583
Down payment$42,896
Rate6.50%
Term30 years
-Operating costs-$575
Property taxes-$214
Insurance-$175
Utilities$0
HOA$0
Management-$186
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,839(69.6% ROI)
Projected value
$230,970
Return breakdown
Property appreciation+$16,491
Loan principal paid down+$6,147
Rental cash flow+$7,200
5-year hold
+$51,147(119.2% ROI)
Projected value
$242,663
Return breakdown
Property appreciation+$28,184
Loan principal paid down+$10,962
Rental cash flow+$12,000
10-year hold
+$110,194(256.9% ROI)
Projected value
$274,551
Return breakdown
Property appreciation+$60,072
Loan principal paid down+$26,122
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.22
1 BR
1.16
2 BR
1.05
3 BR
1.34
4 BR
1.41
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 77498 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 77498 (Sugar Land, TX) is $1,950 a month. That is down 7.1% from $2,100 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, 77498 has the 8th-highest two-bedroom rent (county range $1,010–$2,250). The median county two-bedroom FMR in Texas is $1,105, so ZIP 77498 is 77% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 77498
BedroomsFY 2027Change90–110% range
Studio$1,610−5.8%$1,449–$1,771
1BR$1,640−7.3%$1,476–$1,804
2BR$1,950−7.1%$1,755–$2,145
3BR$2,630−7.1%$2,367–$2,893
4BR$3,260−7.4%$2,934–$3,586

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 77498
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,610$1,640$1,950$2,630$3,260
FY 2026$1,710$1,770$2,100$2,830$3,520
FY 2025$1,680$1,750$2,090$2,790$3,510
FY 2024$1,510$1,600$1,910$2,520$3,240
FY 2023$1,460$1,550$1,850$2,440$3,150

Two-bedroom rent in nearby Fort Bend County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 77498
77477$1,580−19.0%
77478$1,840−5.6%
77479$2,160+10.8%
77481$1,680−13.8%
77485$1,010−48.2%
77487$1,900−2.6%
77489$1,920−1.5%
77493$1,920−1.5%
77494$2,250+15.4%
77496$1,900−2.6%
77497$1,900−2.6%
77498Current$1,950—

Questions about ZIP 77498 rents

How much will Section 8 pay for a two-bedroom in ZIP 77498?

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 $1,950 it would be $1,755 to $2,145. 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 77498 in?

ZIP 77498 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 77498 for FY 2027?

The two-bedroom FMR fell 7.1%, from $2,100 in FY 2026 to $1,950 in FY 2027. Since FY 2023 it has risen 5.4%.

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