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79906

ZIPSAFMR
El Paso County, TX
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,100$790
1 BR$1,340$910
2 BR$1,580$1,300
3 BR$2,150$1,460
4 BR$2,640$1,800
5 BR$3,036Not available
6 BR$3,491Not available
7 BR$4,015Not available
8 BR$4,617Not available

Purchase Price Calculator

Maximum purchase price
$131,263

Cost breakdown

+Likely effective rent$1,300
HUD FMR$1,580
Market rentUsed$1,300
Est. payment standard (90%)$1,420
-Principal and interest-$664
Loan amount$105,010
Down payment$26,253
Rate6.50%
Term30 years
-Operating costs-$436
Property taxes-$131
Insurance-$175
Utilities$0
HOA$0
Management-$130
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,055(80.2% ROI)
Projected value
$141,356
Return breakdown
Property appreciation+$10,093
Loan principal paid down+$3,762
Rental cash flow+$7,200
5-year hold
+$35,958(137.0% ROI)
Projected value
$148,512
Return breakdown
Property appreciation+$17,249
Loan principal paid down+$6,709
Rental cash flow+$12,000
10-year hold
+$76,751(292.4% ROI)
Projected value
$168,028
Return breakdown
Property appreciation+$36,765
Loan principal paid down+$15,987
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.39
1 BR
1.47
2 BR
1.22
3 BR
1.47
4 BR
1.47
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 79906 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 79906 (El Paso, TX) is $1,580 a month. That is down 7.1% from $1,700 in FY 2026. El Paso is in the El Paso, 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 $1,146. Among 60 ZIP codes in El Paso County, 79906 has the 3rd-highest two-bedroom rent (county range $1,080–$1,720). The median county two-bedroom FMR in Texas is $1,105, so ZIP 79906 is 43% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 79906
BedroomsFY 2027Change90–110% range
Studio$1,100−6.0%$990–$1,210
1BR$1,340−7.6%$1,206–$1,474
2BR$1,580−7.1%$1,422–$1,738
3BR$2,150−7.7%$1,935–$2,365
4BR$2,640−7.4%$2,376–$2,904

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 79906
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,100$1,340$1,580$2,150$2,640
FY 2026$1,170$1,450$1,700$2,330$2,850
FY 2025$1,200$1,490$1,740$2,400$2,920
FY 2024$1,210$1,470$1,730$2,400$2,940
FY 2023$1,010$1,240$1,470$2,050$2,500

Two-bedroom rent in nearby El Paso County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 79906
79901$1,080−31.6%
79902$1,080−31.6%
79903$1,080−31.6%
79904$1,090−31.0%
79905$1,080−31.6%
79906Current$1,580—
79907$1,080−31.6%
79908$1,720+8.9%
79910$1,150−27.2%
79911$1,550−1.9%
79912$1,380−12.7%
79913$1,150−27.2%

Questions about ZIP 79906 rents

How much will Section 8 pay for a two-bedroom in ZIP 79906?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,146, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,031 to $1,261 a month; under the ZIP-level Small Area FMR of $1,580 it would be $1,422 to $1,738. 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 79906 in?

ZIP 79906 is in the El Paso, TX HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,146.

How much did fair market rent change in ZIP 79906 for FY 2027?

The two-bedroom FMR fell 7.1%, from $1,700 in FY 2026 to $1,580 in FY 2027. Since FY 2023 it has risen 7.5%.

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