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79111

ZIPSAFMR
Potter County, TX
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$930$830
1 BR$1,050$920
2 BR$1,290$1,030
3 BR$1,760$1,250
4 BR$1,960$1,530
5 BR$2,254Not available
6 BR$2,592Not available
7 BR$2,981Not available
8 BR$3,428Not available

Purchase Price Calculator

Maximum purchase price
$91,141

Cost breakdown

+Likely effective rent$1,030
HUD FMR$1,290
Market rentUsed$1,030
Est. payment standard (90%)$1,160
-Principal and interest-$461
Loan amount$72,913
Down payment$18,228
Rate6.50%
Term30 years
-Operating costs-$369
Property taxes-$91
Insurance-$175
Utilities$0
HOA$0
Management-$103
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$16,820(92.3% ROI)
Projected value
$98,149
Return breakdown
Property appreciation+$7,008
Loan principal paid down+$2,612
Rental cash flow+$7,200
5-year hold
+$28,635(157.1% ROI)
Projected value
$103,118
Return breakdown
Property appreciation+$11,977
Loan principal paid down+$4,658
Rental cash flow+$12,000
10-year hold
+$60,627(332.6% ROI)
Projected value
$116,668
Return breakdown
Property appreciation+$25,527
Loan principal paid down+$11,100
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.12
1 BR
1.14
2 BR
1.25
3 BR
1.41
4 BR
1.28
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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ZIP 79111 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 79111 (Amarillo, TX) is $1,290 a month. That is down 2.3% from $1,320 in FY 2026. Amarillo 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, 79111 has the 2nd-highest two-bedroom rent (county range $1,010–$1,370). The median county two-bedroom FMR in Texas is $1,105, so ZIP 79111 is 17% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 79111
BedroomsFY 2027Change90–110% range
Studio$9300.0%$837–$1,023
1BR$1,050−2.8%$945–$1,155
2BR$1,290−2.3%$1,161–$1,419
3BR$1,760−1.7%$1,584–$1,936
4BR$1,960−5.8%$1,764–$2,156

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 79111
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$930$1,050$1,290$1,760$1,960
FY 2026$930$1,080$1,320$1,790$2,080
FY 2025$980$1,140$1,390$1,910$2,220
FY 2024$910$1,060$1,310$1,790$2,090
FY 2023$810$940$1,180$1,610$1,870

Two-bedroom rent in nearby Potter County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 79111
79102$1,020−20.9%
79103$1,230−4.7%
79104$1,010−21.7%
79105$1,050−18.6%
79106$1,110−14.0%
79107$1,060−17.8%
79108$1,080−16.3%
79109$1,160−10.1%
79111Current$1,290—
79116$1,050−18.6%
79117$1,050−18.6%
79118$1,370+6.2%

Questions about ZIP 79111 rents

How much will Section 8 pay for a two-bedroom in ZIP 79111?

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 $1,290 it would be $1,161 to $1,419. 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 79111 in?

ZIP 79111 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 79111 for FY 2027?

The two-bedroom FMR fell 2.3%, from $1,320 in FY 2026 to $1,290 in FY 2027. Since FY 2023 it has risen 9.3%.

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