79409
ZIPSAFMR
Lubbock County, TX
BRFMR
Eff. Rent
0 BR$820$800
1 BR$990$830
2 BR$1,180$1,000
3 BR$1,640$1,270
4 BR$1,950$1,340
5 BR$2,243
6 BR$2,579
7 BR$2,966
8 BR$3,411

Purchase Price Calculator

Maximum purchase price
$86,683

Cost breakdown

+Likely effective rent$1,000
HUD FMR$1,180
Market rentUsed$1,000
Est. payment standard (90%)$1,060
Market rent is below the inferred standard ($1,060, 90% of FMR).
-Principal and interest-$438
Loan amount$69,346
Down payment$17,337
Rate6.50%
Term30 years
-Operating costs-$362
Property taxes-$87
Insurance-$175
Utilities$0
HOA$0
Management-$100
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$16,350(94.3% ROI)
Projected value
$93,348
Current value$86,683
Return breakdown
Property appreciation+$6,665
Loan principal paid down+$2,485
Rental cash flow+$7,200
5-year hold
+$27,821(160.5% ROI)
Projected value
$98,074
Current value$86,683
Return breakdown
Property appreciation+$11,391
Loan principal paid down+$4,431
Rental cash flow+$12,000
10-year hold
+$58,836(339.4% ROI)
Projected value
$110,962
Current value$86,683
Return breakdown
Property appreciation+$24,279
Loan principal paid down+$10,557
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
1.02ratio
FMR$820
Market$800
vs market+$20

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

90% standard$738 / 0.92 ratio110% standard$902 / 1.13 ratio
1.02
1 BR
1 BR
1.19ratio
FMR$990
Market$830
vs market+$160

FMR is above market; underwrite to market rent.

90% standard$891 / 1.07 ratio110% standard$1,089 / 1.31 ratio
1.19
2 BR
2 BR
1.18ratio
FMR$1,180
Market$1,000
vs market+$180

FMR is above market; underwrite to market rent.

90% standard$1,062 / 1.06 ratio110% standard$1,298 / 1.30 ratio
1.18
3 BR
3 BR
1.29ratio
FMR$1,640
Market$1,270
vs market+$370

FMR is above market; underwrite to market rent.

90% standard$1,476 / 1.16 ratio110% standard$1,804 / 1.42 ratio
1.29
4 BR
4 BR
1.46ratio
FMR$1,950
Market$1,340
vs market+$610

FMR is above market; underwrite to market rent.

90% standard$1,755 / 1.31 ratio110% standard$2,145 / 1.60 ratio
1.46
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 79409 (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.

79409 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 79409 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,180 and the 4 bedroom fair market rent is $1,950.

Use this page for searches like 79409 FMR, 79409 fair market rent, and 79409 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 79409
Bedroom sizeHUD FMR
Studio$820
1 bedroom$990
2 bedroom$1,180
3 bedroom$1,640
4 bedroom$1,950