FY2027 Small Area FMR · Bay City, TX
ZIP 77404 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 77404 (Bay City, TX) is $1,230 a month, up 5.1% from FY2026. That is 0% equal to the Matagorda County, TX area-wide FMR of $1,226.
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 77404 sits in the Matagorda County, TX area
Of the 16 ZIP codes HUD lists for the area, 77404 has the 6th highest two-bedroom Small Area FMR. Matagorda 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 $1,226 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,230 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,020 | $918 – $1,122 | $1,021 | $910 |
| 1 bedroom | $1,030 | $927 – $1,133 | $1,027 | $960 |
| 2 bedrooms | $1,230 | $1,107 – $1,353 | $1,226 | $1,170 |
| 3 bedrooms | $1,570 | $1,413 – $1,727 | $1,569 | $1,490 |
| 4 bedrooms | $1,970 | $1,773 – $2,167 | $1,968 | $1,910 |
A household renting a two-bedroom home at the Small Area FMR of $1,230 needs about $49,200 a year to keep housing costs at 30% of income. The area median family income is $74,100 and the 80% low-income limit for four people is $66,950. ZIP code 77404 lies mainly in Matagorda County. See the Matagorda 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 77404?
HUD's FY2027 Small Area Fair Market Rents for 77404 are $1,020 (studio), $1,030 (1 BR), $1,230 (2 BR), $1,570 (3 BR) and $1,970 (4 BR) a month.
What is the Section 8 payment standard in 77404?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 77404 that range is $1,107 to $1,353 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 77404?
The FY2026 income limits of the Matagorda County, TX area apply: median family income $74,100, low-income (80%) limit $66,950 for a family of four.