For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 78480 (Corpus Christi, TX) is $1,420 a month. That is up 4.4% from $1,360 in FY 2026. Corpus Christi is in the Corpus Christi, 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 $1,421. Among 40 ZIP codes in Nueces County, 78480 is tied for the 10th-highest two-bedroom rent (county range $1,230–$2,130). The median county two-bedroom FMR in Texas is $1,105, so ZIP 78480 is 29% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 78480
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,030
$1,070
+3.9%
$963–$1,177
1BR
$1,110
$1,180
+6.3%
$1,062–$1,298
2BR
$1,360
$1,420
+4.4%
$1,278–$1,562
3BR
$1,790
$1,850
+3.4%
$1,665–$2,035
4BR
$2,040
$2,090
+2.5%
$1,881–$2,299
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 78480
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,070
$1,180
$1,420
$1,850
$2,090
FY 2026
$1,030
$1,110
$1,360
$1,790
$2,040
FY 2025
$1,040
$1,120
$1,380
$1,800
$2,100
FY 2024
$1,030
$1,100
$1,350
$1,760
$2,060
FY 2023
$950
$1,030
$1,260
$1,640
$1,920
Two-bedroom rent in nearby Nueces County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 78480?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,421, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,279 to $1,563 a month; under the ZIP-level Small Area FMR of $1,420 it would be $1,278 to $1,562. 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 78480 in?
ZIP 78480 is in the Corpus Christi, TX HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,421.
How much did fair market rent change in ZIP 78480 for FY 2027?
The two-bedroom FMR rose 4.4%, from $1,360 in FY 2026 to $1,420 in FY 2027. Since FY 2023 it has risen 12.7%.
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