FMR is near market; voucher and private rents are aligned.
1.01
1 BR
1 BR
1.16ratio
FMR$920
Market$790
vs market+$130
FMR is above market; underwrite to market rent.
1.16
2 BR
2 BR
0.90ratio
FMR$1,080
Market$1,200
vs market-$120
FMR is near market; voucher and private rents are aligned.
0.90
3 BR
3 BR
0.97ratio
FMR$1,470
Market$1,520
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.97
4 BR
4 BR
1.07ratio
FMR$1,800
Market$1,690
vs market+$110
FMR is near market; voucher and private rents are aligned.
1.07
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
ZIP 79920 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 79920 (El Paso County, TX) is $1,080 a month. That is unchanged from FY 2026. El Paso County 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, 79920 is tied for the 48th-highest two-bedroom rent (county range $1,080–$1,720). The median county two-bedroom FMR in Texas is $1,105, so ZIP 79920 is 2% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 79920
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$740
$740
0.0%
$666–$814
1BR
$920
$920
0.0%
$828–$1,012
2BR
$1,080
$1,080
0.0%
$972–$1,188
3BR
$1,490
$1,470
−1.3%
$1,323–$1,617
4BR
$1,810
$1,800
−0.6%
$1,620–$1,980
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 79920
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$740
$920
$1,080
$1,470
$1,800
FY 2026
$740
$920
$1,080
$1,490
$1,810
FY 2025
$730
$890
$1,040
$1,440
$1,760
FY 2024
$720
$880
$1,030
$1,430
$1,750
FY 2023
$670
$830
$980
$1,360
$1,670
Two-bedroom rent in nearby El Paso County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 79920?
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 $1,080 it would be $972 to $1,188. 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 79920 in?
ZIP 79920 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 79920 for FY 2027?
The two-bedroom FMR was unchanged at $1,080 in FY 2027. Since FY 2023 it has risen 10.2%.
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 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