FMR is near market; voucher and private rents are aligned.
0.99
1 BR
1 BR
0.88ratio
FMR$1,070
Market$1,220
vs market-$150
FMR is below market; voucher rent may lag private rents.
0.88
2 BR
2 BR
0.87ratio
FMR$1,400
Market$1,610
vs market-$210
FMR is below market; voucher rent may lag private rents.
0.87
3 BR
3 BR
0.95ratio
FMR$1,940
Market$2,040
vs market-$100
FMR is near market; voucher and private rents are aligned.
0.95
4 BR
4 BR
0.80ratio
FMR$2,060
Market$2,590
vs market-$530
FMR is below market; voucher rent may lag private rents.
0.80
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
--
ZIP 78381 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 78381 (Rockport, TX) is $1,400 a month. That is down 0.7% from $1,410 in FY 2026. Rockport 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, 78381 has the 5th-highest two-bedroom rent (county range $1,400–$1,510). The median county two-bedroom FMR in Texas is $1,105, so ZIP 78381 is 27% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 78381
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,060
$1,040
−1.9%
$936–$1,144
1BR
$1,070
$1,070
0.0%
$963–$1,177
2BR
$1,410
$1,400
−0.7%
$1,260–$1,540
3BR
$1,910
$1,940
+1.6%
$1,746–$2,134
4BR
$2,120
$2,060
−2.8%
$1,854–$2,266
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 78381
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,040
$1,070
$1,400
$1,940
$2,060
FY 2026
$1,060
$1,070
$1,410
$1,910
$2,120
FY 2025
$970
$980
$1,280
$1,670
$1,910
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 78381?
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 $1,400 it would be $1,260 to $1,540. 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 78381 in?
ZIP 78381 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 78381 for FY 2027?
The two-bedroom FMR fell 0.7%, from $1,410 in FY 2026 to $1,400 in FY 2027. Since FY 2025 it has risen 9.4%.
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