79401
ZIPSAFMR
Lubbock County, TX
BRFMR
Eff. Rent
0 BR$770$580
1 BR$930$650
2 BR$1,110$1,010
3 BR$1,540$1,380
4 BR$1,830$1,730
5 BR$2,105
6 BR$2,420
7 BR$2,783
8 BR$3,201

Purchase Price Calculator

Maximum purchase price
$88,169

Cost breakdown

+Likely effective rent$1,010
HUD FMR$1,110
Market rentUsed$1,010
Est. payment standard (94%)$1,050
Market rent is below the inferred standard ($1,050, 94% of FMR).
-Principal and interest-$446
Loan amount$70,535
Down payment$17,634
Rate6.50%
Term30 years
-Operating costs-$364
Property taxes-$88
Insurance-$175
Utilities$0
HOA$0
Management-$101
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$16,506(93.6% ROI)
Projected value
$94,948
Current value$88,169
Return breakdown
Property appreciation+$6,779
Loan principal paid down+$2,527
Rental cash flow+$7,200
5-year hold
+$28,093(159.3% ROI)
Projected value
$99,755
Current value$88,169
Return breakdown
Property appreciation+$11,586
Loan principal paid down+$4,507
Rental cash flow+$12,000
10-year hold
+$59,433(337.0% ROI)
Projected value
$112,864
Current value$88,169
Return breakdown
Property appreciation+$24,695
Loan principal paid down+$10,738
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
1.33ratio
FMR$770
Market$580
vs market+$190

FMR is above market; underwrite to market rent.

90% standard$693 / 1.19 ratio110% standard$847 / 1.46 ratio
1.33
1 BR
1 BR
1.43ratio
FMR$930
Market$650
vs market+$280

FMR is above market; underwrite to market rent.

90% standard$837 / 1.29 ratio110% standard$1,023 / 1.57 ratio
1.43
2 BR
2 BR
1.10ratio
FMR$1,110
Market$1,010
vs market+$100

FMR is near market; voucher and private rents are aligned.

90% standard$999 / 0.99 ratio110% standard$1,221 / 1.21 ratio
1.10
3 BR
3 BR
1.12ratio
FMR$1,540
Market$1,380
vs market+$160

FMR is above market; underwrite to market rent.

90% standard$1,386 / 1.00 ratio110% standard$1,694 / 1.23 ratio
1.12
4 BR
4 BR
1.06ratio
FMR$1,830
Market$1,730
vs market+$100

FMR is near market; voucher and private rents are aligned.

90% standard$1,647 / 0.95 ratio110% standard$2,013 / 1.16 ratio
1.06
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 79401 (TX) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

79401 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 79401 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,110 and the 4 bedroom fair market rent is $1,830.

Use this page for searches like 79401 FMR, 79401 fair market rent, and 79401 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 79401
Bedroom sizeHUD FMR
Studio$770
1 bedroom$930
2 bedroom$1,110
3 bedroom$1,540
4 bedroom$1,830