FY2027 Small Area FMR · Hico, TX
ZIP 76457 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 76457 (Hico, TX) is $1,210 a month, unchanged from FY2026. That is 19% above the Bosque County, TX area-wide FMR of $1,014.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 76457 sits in the Bosque County, TX area
Of the 12 ZIP codes HUD lists for the area, 76457 has the 4th highest two-bedroom Small Area FMR. Bosque County, 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 $1,014 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,210 for this ZIP code instead.
ZIP code 76457 crosses more than one HUD area. HUD also lists it under Erath County, TX (same figures) and Hamilton County, TX (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $890 | $801 – $979 | $706 | $910 |
| 1 bedroom | $920 | $828 – $1,012 | $804 | $920 |
| 2 bedrooms | $1,210 | $1,089 – $1,331 | $1,014 | $1,210 |
| 3 bedrooms | $1,670 | $1,503 – $1,837 | $1,347 | $1,640 |
| 4 bedrooms | $1,770 | $1,593 – $1,947 | $1,352 | $1,830 |
A household renting a two-bedroom home at the Small Area FMR of $1,210 needs about $48,400 a year to keep housing costs at 30% of income. The area median family income is $85,100 and the 80% low-income limit for four people is $68,100. ZIP code 76457 lies mainly in Hamilton County, Erath County and Bosque County. See the Bosque County, TX county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 76457?
HUD's FY2027 Small Area Fair Market Rents for 76457 are $890 (studio), $920 (1 BR), $1,210 (2 BR), $1,670 (3 BR) and $1,770 (4 BR) a month.
What is the Section 8 payment standard in 76457?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 76457 that range is $1,089 to $1,331 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 76457?
The FY2026 income limits of the Bosque County, TX area apply: median family income $85,100, low-income (80%) limit $68,100 for a family of four.