FMR is near market; voucher and private rents are aligned.
0.92
1 BR
1 BR
1.02ratio
FMR$1,057
Market$1,040
vs market+$17
FMR is near market; voucher and private rents are aligned.
1.02
2 BR
2 BR
0.85ratio
FMR$1,151
Market$1,350
vs market-$199
FMR is below market; voucher rent may lag private rents.
0.85
3 BR
3 BR
1.06ratio
FMR$1,594
Market$1,500
vs market+$94
FMR is near market; voucher and private rents are aligned.
1.06
4 BR
4 BR
1.21ratio
FMR$1,900
Market$1,570
vs market+$330
FMR is above market; underwrite to market rent.
1.21
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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ZIP 77838 fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 77838 (Chriesman, TX) is $1,151 a month. That is down 3.0% from $1,186 in FY 2026. Chriesman is in the College Station-Bryan, TX MSA. The median county two-bedroom FMR in Texas is $1,105, so ZIP 77838 is 4% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 77838
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,025
$1,005
−2.0%
$905–$1,106
1BR
$1,082
$1,057
−2.3%
$951–$1,163
2BR
$1,186
$1,151
−3.0%
$1,036–$1,266
3BR
$1,649
$1,594
−3.3%
$1,435–$1,753
4BR
$1,928
$1,900
−1.5%
$1,710–$2,090
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 77838
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,005
$1,057
$1,151
$1,594
$1,900
FY 2026
$1,025
$1,082
$1,186
$1,649
$1,928
FY 2025
$1,034
$1,089
$1,206
$1,690
$1,863
FY 2024
$958
$1,015
$1,140
$1,606
$1,710
FY 2023
$839
$904
$1,024
$1,455
$1,571
Questions about ZIP 77838 rents
How much will Section 8 pay for a two-bedroom in ZIP 77838?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,151, that basic range is $1,036 to $1,266 a month. 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 77838 in?
ZIP 77838 is in the College Station-Bryan, TX MSA. Small Area FMRs are not mandatory in this area.
How much did fair market rent change in ZIP 77838 for FY 2027?
The two-bedroom FMR fell 3.0%, from $1,186 in FY 2026 to $1,151 in FY 2027. Since FY 2023 it has risen 12.4%.
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 Fair Market Rents. 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