FY2027 Small Area FMR · Wichita Falls, TX

ZIP 76302 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 76302 (Wichita Falls, TX) is $1,140 a month, down 1.7% from FY2026. That is 0% equal to the Wichita Falls, TX area-wide FMR of $1,145.

2-bedroom SAFMR$1,140per month ▼ 1.7%

Area-wide 2 BR FMR$1,145Wichita Falls, TX

Rank in the area10thof 26 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,026

2 BR Small Area FMR$1,140

110% of SAFMR$1,254

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

Studio$840▼ 1.2%

1 BR$940■ 0.0%

2 BR$1,140▼ 1.7%

3 BR$1,530▼ 3.8%

4 BR$1,730▼ 3.9%

FY2027 FY2026

Where 76302 sits in the Wichita Falls, TX area

Of the 26 ZIP codes HUD lists for the area, 76302 has the 10th highest two-bedroom Small Area FMR. Wichita Falls, 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 $1,145 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,140 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	$840	$756 – $924	$839	$850
1 bedroom	$940	$846 – $1,034	$949	$940
2 bedrooms	$1,140	$1,026 – $1,254	$1,145	$1,160
3 bedrooms	$1,530	$1,377 – $1,683	$1,542	$1,590
4 bedrooms	$1,730	$1,557 – $1,903	$1,740	$1,800

A household renting a two-bedroom home at the Small Area FMR of $1,140 needs about $45,600 a year to keep housing costs at 30% of income. The area median family income is $91,200 and the 80% low-income limit for four people is $72,950. ZIP code 76302 lies mainly in Wichita County and Archer County. See the Wichita Falls, TX metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
76301	Wichita Falls	2.9 mi	$1,030
76308	Wichita Falls	3.0 mi	$1,250
76309	Wichita Falls	3.7 mi	$1,150
76310	Wichita Falls	4.6 mi	$1,220
76306	Wichita Falls	5.9 mi	$1,100
76311	Sheppard Afb	7.3 mi	$1,700

Questions

What is the Fair Market Rent for ZIP code 76302?

HUD's FY2027 Small Area Fair Market Rents for 76302 are $840 (studio), $940 (1 BR), $1,140 (2 BR), $1,530 (3 BR) and $1,730 (4 BR) a month.

What is the Section 8 payment standard in 76302?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 76302 that range is $1,026 to $1,254 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 76302?

The FY2026 income limits of the Wichita Falls, TX area apply: median family income $91,200, low-income (80%) limit $72,950 for a family of four.