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Hockley County/Littlefield/79339

79339

ZIPSAFMR
Hockley County, TX
Zillow

ZIP Investment Score

71Below average

095130300
BRFMR
Eff. Rent
0 BR$810$730
1 BR$850$730
2 BR$1,060$820
3 BR$1,460$880
4 BR$1,540$940
5 BR$1,771Not available
6 BR$2,037Not available
7 BR$2,342Not available
8 BR$2,693Not available

Purchase Price Calculator

Maximum purchase price
$59,935

Cost breakdown

+Likely effective rent$820
HUD FMR$1,060
Market rentUsed$820
Est. payment standard (90%)$950
-Principal and interest-$303
Loan amount$47,948
Down payment$11,987
Rate6.50%
Term30 years
-Operating costs-$317
Property taxes-$60
Insurance-$175
Utilities$0
HOA$0
Management-$82
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$13,526(112.8% ROI)
Projected value
$64,544
Return breakdown
Property appreciation+$4,608
Loan principal paid down+$1,718
Rental cash flow+$7,200
5-year hold
+$22,939(191.4% ROI)
Projected value
$67,811
Return breakdown
Property appreciation+$7,876
Loan principal paid down+$3,063
Rental cash flow+$12,000
10-year hold
+$48,086(401.2% ROI)
Projected value
$76,722
Return breakdown
Property appreciation+$16,787
Loan principal paid down+$7,300
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.11
1 BR
1.16
2 BR
1.29
3 BR
1.66
4 BR
1.64
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 79339 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 79339 (Littlefield, TX) is $1,060 a month. That is up 3.9% from $1,020 in FY 2026. Littlefield is in the Hockley 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 $1,014. Among 11 ZIP codes in Hockley County, 79339 is tied for the 5th-highest two-bedroom rent (county range $1,010–$1,470). The median county two-bedroom FMR in Texas is $1,105, so ZIP 79339 is 4% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 79339
BedroomsFY 2027Change90–110% range
Studio$810+3.8%$729–$891
1BR$850+9.0%$765–$935
2BR$1,060+3.9%$954–$1,166
3BR$1,460+5.8%$1,314–$1,606
4BR$1,540−9.9%$1,386–$1,694

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 79339
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$810$850$1,060$1,460$1,540
FY 2026$780$780$1,020$1,380$1,710
FY 2025$730$730$960$1,300$1,590
FY 2024area FMR$705$806$905$1,275$1,536
FY 2023area FMR$623$731$826$1,174$1,407

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Two-bedroom rent in nearby Hockley County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 79339
79313$1,0600.0%
79336$1,010−4.7%
79339Current$1,060—
79353$1,030−2.8%
79358$1,140+7.5%
79363$1,220+15.1%
79367$1,050−0.9%
79372$1,010−4.7%
79380$1,040−1.9%
79382$1,470+38.7%
79407$1,240+17.0%

Questions about ZIP 79339 rents

How much will Section 8 pay for a two-bedroom in ZIP 79339?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,014, which applies unless the housing authority uses Small Area FMRs, that basic range is $913 to $1,115 a month; under the ZIP-level Small Area FMR of $1,060 it would be $954 to $1,166. 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 79339 in?

ZIP 79339 is in the Hockley County, TX HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,014.

How much did fair market rent change in ZIP 79339 for FY 2027?

The two-bedroom FMR rose 3.9%, from $1,020 in FY 2026 to $1,060 in FY 2027. Since FY 2025 it has risen 10.4%.

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

County fair market rentLittlefield, TX fair market rentTX statewide rentsWhat is SAFMR?Data sources