FY2027 Small Area FMR · Howe, TX

ZIP 75459 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 75459 (Howe, TX) is $1,440 a month, up 5.9% from FY2026. That is 3% above the Sherman-Denison, TX area-wide FMR of $1,395.

2-bedroom SAFMR$1,440per month ▲ 5.9%

Area-wide 2 BR FMR$1,395Sherman-Denison, TX

Rank in the area9thof 23 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,296

2 BR Small Area FMR$1,440

110% of SAFMR$1,584

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,140▲ 3.6%

1 BR$1,160▲ 5.5%

2 BR$1,440▲ 5.9%

3 BR$1,990▲ 5.3%

4 BR$2,220▲ 2.3%

FY2027 FY2026

Where 75459 sits in the Sherman-Denison, TX area

Of the 23 ZIP codes HUD lists for the area, 75459 has the 9th highest two-bedroom Small Area FMR. Sherman-Denison, TX is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,395 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,440 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,140	$1,026 – $1,254	$1,102	$1,100
1 bedroom	$1,160	$1,044 – $1,276	$1,126	$1,100
2 bedrooms	$1,440	$1,296 – $1,584	$1,395	$1,360
3 bedrooms	$1,990	$1,791 – $2,189	$1,932	$1,890
4 bedrooms	$2,220	$1,998 – $2,442	$2,148	$2,170

A household renting a two-bedroom home at the Small Area FMR of $1,440 needs about $57,600 a year to keep housing costs at 30% of income. The area median family income is $95,300 and the 80% low-income limit for four people is $76,250. ZIP code 75459 lies mainly in Grayson County. See the Sherman-Denison, TX county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
75058	Gunter	7.0 mi	$1,700
75092	Sherman	8.4 mi	$1,410
75090	Sherman	8.5 mi	$1,340
76268	Southmayd	8.6 mi	$1,390
75495	Van Alstyne	9.7 mi	$1,680
75489	Tom Bean	10.8 mi	$1,510

Questions

What is the Fair Market Rent for ZIP code 75459?

HUD's FY2027 Small Area Fair Market Rents for 75459 are $1,140 (studio), $1,160 (1 BR), $1,440 (2 BR), $1,990 (3 BR) and $2,220 (4 BR) a month.

What is the Section 8 payment standard in 75459?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 75459 that range is $1,296 to $1,584 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 75459?

The FY2026 income limits of the Sherman-Denison, TX area apply: median family income $95,300, low-income (80%) limit $76,250 for a family of four.