FY2027 Small Area FMR · Water Valley, TX

ZIP 76958 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 76958 (Water Valley, TX) is $1,210 a month, unchanged from FY2026. That is 10% below the San Angelo, TX area-wide FMR of $1,350.

2-bedroom SAFMR$1,210per month ■ 0.0%

Area-wide 2 BR FMR$1,350San Angelo, TX

Rank in the area18thof 21 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,089

2 BR Small Area FMR$1,210

110% of SAFMR$1,331

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

Studio$880▲ 3.5%

1 BR$950▲ 1.1%

2 BR$1,210■ 0.0%

3 BR$1,640▲ 1.2%

4 BR$1,840▼ 2.1%

FY2027 FY2026

Where 76958 sits in the San Angelo, TX area

Of the 21 ZIP codes HUD lists for the area, 76958 has the 18th highest two-bedroom Small Area FMR. San Angelo, 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 $1,350 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,210 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	$880	$792 – $968	$956	$850
1 bedroom	$950	$855 – $1,045	$1,032	$940
2 bedrooms	$1,210	$1,089 – $1,331	$1,350	$1,210
3 bedrooms	$1,640	$1,476 – $1,804	$1,810	$1,620
4 bedrooms	$1,840	$1,656 – $2,024	$2,055	$1,880

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 $90,900 and the 80% low-income limit for four people is $71,900. ZIP code 76958 lies mainly in Tom Green County. See the San Angelo, TX metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
76934	Carlsbad	7.7 mi	$1,390
76901	San Angelo	14.5 mi	$1,420
76951	Sterling City	20.8 mi	$1,190
76903	San Angelo	22.6 mi	$1,230
76945	Robert Lee	22.9 mi	$1,210
76941	Mertzon	22.9 mi	$1,300

Questions

What is the Fair Market Rent for ZIP code 76958?

HUD's FY2027 Small Area Fair Market Rents for 76958 are $880 (studio), $950 (1 BR), $1,210 (2 BR), $1,640 (3 BR) and $1,840 (4 BR) a month.

What is the Section 8 payment standard in 76958?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 76958 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 76958?

The FY2026 income limits of the San Angelo, TX area apply: median family income $90,900, low-income (80%) limit $71,900 for a family of four.