FY2027 Small Area FMR · New Waverly, TX
ZIP 77358 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 77358 (New Waverly, TX) is $1,520 a month, up 16.0% from FY2026. That is 2% above the Houston-The Woodlands-Sugar Land, TX area-wide FMR of $1,497.
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 77358 sits in the Houston-The Woodlands-Sugar Land, TX area
Of the 327 ZIP codes HUD lists for the area, 77358 has the 105th highest two-bedroom Small Area FMR. Houston-The Woodlands-Sugar Land, 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 $1,497 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,520 for this ZIP code instead.
ZIP code 77358 crosses more than one HUD area. HUD also lists it under San Jacinto County, TX (same figures) and Walker 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 | $1,150 | $1,035 – $1,265 | $1,233 | $1,010 |
| 1 bedroom | $1,380 | $1,242 – $1,518 | $1,261 | $1,160 |
| 2 bedrooms | $1,520 | $1,368 – $1,672 | $1,497 | $1,310 |
| 3 bedrooms | $2,060 | $1,854 – $2,266 | $2,017 | $1,760 |
| 4 bedrooms | $2,270 | $2,043 – $2,497 | $2,502 | $2,090 |
A household renting a two-bedroom home at the Small Area FMR of $1,520 needs about $60,800 a year to keep housing costs at 30% of income. The area median family income is $104,000 and the 80% low-income limit for four people is $83,200. ZIP code 77358 lies mainly in Walker County, San Jacinto County and Montgomery County. See the Houston-The Woodlands-Sugar Land, TX metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 77358?
HUD's FY2027 Small Area Fair Market Rents for 77358 are $1,150 (studio), $1,380 (1 BR), $1,520 (2 BR), $2,060 (3 BR) and $2,270 (4 BR) a month.
What is the Section 8 payment standard in 77358?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 77358 that range is $1,368 to $1,672 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 77358?
The FY2026 income limits of the Houston-The Woodlands-Sugar Land, TX area apply: median family income $104,000, low-income (80%) limit $83,200 for a family of four.