FY2027 Small Area FMR · Garwood, TX

ZIP 77442 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 77442 (Garwood, TX) is $1,260 a month, up 10.5% from FY2026. That is 4% above the Colorado County, TX area-wide FMR of $1,211.

2-bedroom SAFMR$1,260per month ▲ 10.5%

Area-wide 2 BR FMR$1,211Colorado County, TX

Rank in the area4thof 19 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,134

2 BR Small Area FMR$1,260

110% of SAFMR$1,386

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

Studio$920▲ 8.2%

1 BR$1,000▲ 11.1%

2 BR$1,260▲ 10.5%

3 BR$1,580▲ 9.7%

4 BR$1,810▲ 2.8%

FY2027 FY2026

Where 77442 sits in the Colorado County, TX area

Of the 19 ZIP codes HUD lists for the area, 77442 has the 4th highest two-bedroom Small Area FMR. Colorado 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 $1,211 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,260 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	$920	$828 – $1,012	$921	$850
1 bedroom	$1,000	$900 – $1,100	$964	$900
2 bedrooms	$1,260	$1,134 – $1,386	$1,211	$1,140
3 bedrooms	$1,580	$1,422 – $1,738	$1,472	$1,440
4 bedrooms	$1,810	$1,629 – $1,991	$1,744	$1,760

A household renting a two-bedroom home at the Small Area FMR of $1,260 needs about $50,400 a year to keep housing costs at 30% of income. The area median family income is $92,900 and the 80% low-income limit for four people is $74,300. ZIP code 77442 lies mainly in Colorado County. See the Colorado County, TX county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
77460	Nada	7.5 mi	$1,150
77470	Rock Island	8.3 mi	$1,210
77475	Sheridan	9.9 mi	$1,150
77412	Altair	10.7 mi	$1,200
77434	Eagle Lake	14.1 mi	$1,310
77436	Egypt	16.1 mi	$1,180

Questions

What is the Fair Market Rent for ZIP code 77442?

HUD's FY2027 Small Area Fair Market Rents for 77442 are $920 (studio), $1,000 (1 BR), $1,260 (2 BR), $1,580 (3 BR) and $1,810 (4 BR) a month.

What is the Section 8 payment standard in 77442?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 77442 that range is $1,134 to $1,386 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 77442?

The FY2026 income limits of the Colorado County, TX area apply: median family income $92,900, low-income (80%) limit $74,300 for a family of four.