FY2027 Small Area FMR · Southmayd, TX

ZIP 76268 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 76268 (Southmayd, TX) is $1,390 a month, up 0.7% from FY2026. That is 0% equal to the Sherman-Denison, TX area-wide FMR of $1,395.

2-bedroom SAFMR$1,390per month ▲ 0.7%

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

Rank in the area12thof 23 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,251

2 BR Small Area FMR$1,390

110% of SAFMR$1,529

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

Studio$1,100▼ 0.9%

1 BR$1,120▲ 0.9%

2 BR$1,390▲ 0.7%

3 BR$1,920▲ 0.5%

4 BR$2,130▼ 2.7%

FY2027 FY2026

Where 76268 sits in the Sherman-Denison, TX area

Of the 23 ZIP codes HUD lists for the area, 76268 has the 12th 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 $1,390 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	$1,100	$990 – $1,210	$1,102	$1,110
1 bedroom	$1,120	$1,008 – $1,232	$1,126	$1,110
2 bedrooms	$1,390	$1,251 – $1,529	$1,395	$1,380
3 bedrooms	$1,920	$1,728 – $2,112	$1,932	$1,910
4 bedrooms	$2,130	$1,917 – $2,343	$2,148	$2,190

A household renting a two-bedroom home at the Small Area FMR of $1,390 needs about $55,600 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 76268 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
75092	Sherman	4.2 mi	$1,410
75459	Howe	8.6 mi	$1,440
76264	Sadler	8.7 mi	$1,220
76233	Collinsville	10.1 mi	$1,250
75076	Pottsboro	12.2 mi	$1,600
75058	Gunter	12.3 mi	$1,700

Questions

What is the Fair Market Rent for ZIP code 76268?

HUD's FY2027 Small Area Fair Market Rents for 76268 are $1,100 (studio), $1,120 (1 BR), $1,390 (2 BR), $1,920 (3 BR) and $2,130 (4 BR) a month.

What is the Section 8 payment standard in 76268?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 76268 that range is $1,251 to $1,529 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 76268?

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.