FMR is near market; voucher and private rents are aligned.
0.90
2 BR
2 BR
0.87ratio
FMR$1,450
Market$1,660
vs market-$210
FMR is below market; voucher rent may lag private rents.
0.87
3 BR
3 BR
0.93ratio
FMR$2,010
Market$2,160
vs market-$150
FMR is near market; voucher and private rents are aligned.
0.93
4 BR
4 BR
0.83ratio
FMR$2,130
Market$2,580
vs market-$450
FMR is below market; voucher rent may lag private rents.
0.83
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 78358 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 78358 (Fulton, TX) is $1,450 a month. That is down 4.6% from $1,520 in FY 2026. Fulton is in the Aransas County, 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 $1,404. Among 5 ZIP codes in Aransas County, 78358 has the 2nd-highest two-bedroom rent (county range $1,400–$1,510). The median county two-bedroom FMR in Texas is $1,105, so ZIP 78358 is 31% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 78358
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,140
$1,080
−5.3%
$972–$1,188
1BR
$1,160
$1,110
−4.3%
$999–$1,221
2BR
$1,520
$1,450
−4.6%
$1,305–$1,595
3BR
$2,060
$2,010
−2.4%
$1,809–$2,211
4BR
$2,290
$2,130
−7.0%
$1,917–$2,343
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 78358
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,080
$1,110
$1,450
$2,010
$2,130
FY 2026
$1,140
$1,160
$1,520
$2,060
$2,290
FY 2025
$1,030
$1,040
$1,360
$1,770
$2,030
FY 2024area FMR
$982
$1,025
$1,261
$1,525
$1,874
FY 2023area FMR
$798
$930
$1,059
$1,505
$1,558
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Two-bedroom rent in nearby Aransas County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 78358?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,404, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,264 to $1,544 a month; under the ZIP-level Small Area FMR of $1,450 it would be $1,305 to $1,595. 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 78358 in?
ZIP 78358 is in the Aransas County, TX HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,404.
How much did fair market rent change in ZIP 78358 for FY 2027?
The two-bedroom FMR fell 4.6%, from $1,520 in FY 2026 to $1,450 in FY 2027. Since FY 2025 it has risen 6.6%.
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