FMR is below market; voucher rent may lag private rents.
0.38
1 BR
1 BR
0.42ratio
FMR$970
Market$2,310
vs market-$1,340
FMR is below market; voucher rent may lag private rents.
0.42
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 79012 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 79012 (Bushland, TX) is $1,190 a month. That is unchanged from FY 2026. Bushland is in the Amarillo, 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 $1,107. Among 21 ZIP codes in Potter County, 79012 has the 4th-highest two-bedroom rent (county range $1,010–$1,370). The median county two-bedroom FMR in Texas is $1,105, so ZIP 79012 is 8% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 79012
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$840
$860
+2.4%
$774–$946
1BR
$970
$970
0.0%
$873–$1,067
2BR
$1,190
$1,190
0.0%
$1,071–$1,309
3BR
$1,620
$1,630
+0.6%
$1,467–$1,793
4BR
$1,870
$1,800
−3.7%
$1,620–$1,980
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 79012
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$860
$970
$1,190
$1,630
$1,800
FY 2026
$840
$970
$1,190
$1,620
$1,870
FY 2025
$780
$910
$1,100
$1,520
$1,760
FY 2024
$720
$840
$1,030
$1,420
$1,650
FY 2023
$780
$900
$1,130
$1,540
$1,800
Two-bedroom rent in nearby Potter County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 79012?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,107, which applies unless the housing authority uses Small Area FMRs, that basic range is $996 to $1,218 a month; under the ZIP-level Small Area FMR of $1,190 it would be $1,071 to $1,309. 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 79012 in?
ZIP 79012 is in the Amarillo, TX HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,107.
How much did fair market rent change in ZIP 79012 for FY 2027?
The two-bedroom FMR was unchanged at $1,190 in FY 2027. Since FY 2023 it has risen 5.3%.
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