FY2027 Small Area FMR · Tom Bean, TX

ZIP 75489 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 75489 (Tom Bean, TX) is $1,510 a month, up 10.2% from FY2026. That is 8% above the Sherman-Denison, TX area-wide FMR of $1,395.

2-bedroom SAFMR$1,510per month ▲ 10.2%

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

Rank in the area7thof 23 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,359

2 BR Small Area FMR$1,510

110% of SAFMR$1,661

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

Studio$1,190▲ 8.2%

1 BR$1,220▲ 10.9%

2 BR$1,510▲ 10.2%

3 BR$2,090▲ 9.4%

4 BR$2,330▲ 6.4%

FY2027 FY2026

Where 75489 sits in the Sherman-Denison, TX area

Of the 23 ZIP codes HUD lists for the area, 75489 has the 7th 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 $1,510 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	$1,190	$1,071 – $1,309	$1,102	$1,100
1 bedroom	$1,220	$1,098 – $1,342	$1,126	$1,100
2 bedrooms	$1,510	$1,359 – $1,661	$1,395	$1,370
3 bedrooms	$2,090	$1,881 – $2,299	$1,932	$1,910
4 bedrooms	$2,330	$2,097 – $2,563	$2,148	$2,190

A household renting a two-bedroom home at the Small Area FMR of $1,510 needs about $60,400 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 75489 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
75491	Whitewright	5.6 mi	$1,100
75495	Van Alstyne	6.6 mi	$1,680
75090	Sherman	7.0 mi	$1,340
75414	Bells	7.9 mi	$1,220
75459	Howe	10.8 mi	$1,440
75479	Savoy	11.1 mi	$1,220

Questions

What is the Fair Market Rent for ZIP code 75489?

HUD's FY2027 Small Area Fair Market Rents for 75489 are $1,190 (studio), $1,220 (1 BR), $1,510 (2 BR), $2,090 (3 BR) and $2,330 (4 BR) a month.

What is the Section 8 payment standard in 75489?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 75489 that range is $1,359 to $1,661 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 75489?

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.