Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
--
ZIP 79697 fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 79697 (Abilene, TX) is $1,310 a month. That is up 2.7% from $1,276 in FY 2026. Abilene is in the Abilene, TX MSA. The median county two-bedroom FMR in Texas is $1,105, so ZIP 79697 is 19% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 79697
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,010
$958
−5.1%
$862–$1,054
1BR
$1,020
$1,047
+2.6%
$942–$1,152
2BR
$1,276
$1,310
+2.7%
$1,179–$1,441
3BR
$1,653
$1,702
+3.0%
$1,532–$1,872
4BR
$1,987
$2,013
+1.3%
$1,812–$2,214
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 79697
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$958
$1,047
$1,310
$1,702
$2,013
FY 2026
$1,010
$1,020
$1,276
$1,653
$1,987
FY 2025
$944
$950
$1,207
$1,571
$1,899
FY 2024
$860
$876
$1,117
$1,488
$1,789
FY 2023
$732
$779
$1,006
$1,360
$1,649
Questions about ZIP 79697 rents
How much will Section 8 pay for a two-bedroom in ZIP 79697?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,310, that basic range is $1,179 to $1,441 a month. 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 79697 in?
ZIP 79697 is in the Abilene, TX MSA. Small Area FMRs are not mandatory in this area.
How much did fair market rent change in ZIP 79697 for FY 2027?
The two-bedroom FMR rose 2.7%, from $1,276 in FY 2026 to $1,310 in FY 2027. Since FY 2023 it has risen 30.2%.
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 Fair Market Rents. 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