FY2027 Small Area FMR · Sheridan, TX

ZIP 77475 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 77475 (Sheridan, TX) is $1,150 a month, up 4.5% from FY2026. That is 5% below the Colorado County, TX area-wide FMR of $1,211.

2-bedroom SAFMR$1,150per month ▲ 4.5%

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

Rank in the area15thof 19 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,035

2 BR Small Area FMR$1,150

110% of SAFMR$1,265

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

Studio$870▲ 1.2%

1 BR$950▲ 4.4%

2 BR$1,150▲ 4.5%

3 BR$1,380▲ 4.5%

4 BR$1,820▲ 3.4%

FY2027 FY2026

Where 77475 sits in the Colorado County, TX area

Of the 19 ZIP codes HUD lists for the area, 77475 has the 15th 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 $1,150 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	$870	$783 – $957	$921	$860
1 bedroom	$950	$855 – $1,045	$964	$910
2 bedrooms	$1,150	$1,035 – $1,265	$1,211	$1,100
3 bedrooms	$1,380	$1,242 – $1,518	$1,472	$1,320
4 bedrooms	$1,820	$1,638 – $2,002	$1,744	$1,760

A household renting a two-bedroom home at the Small Area FMR of $1,150 needs about $46,000 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 77475 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
77470	Rock Island	7.2 mi	$1,210
77986	Sublime	8.5 mi	$1,090
77442	Garwood	9.9 mi	$1,260
78951	Oakland	12.4 mi	$1,210
78962	Weimar	12.6 mi	$1,040
77964	Hallettsville	13.3 mi	$1,170

Questions

What is the Fair Market Rent for ZIP code 77475?

HUD's FY2027 Small Area Fair Market Rents for 77475 are $870 (studio), $950 (1 BR), $1,150 (2 BR), $1,380 (3 BR) and $1,820 (4 BR) a month.

What is the Section 8 payment standard in 77475?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 77475 that range is $1,035 to $1,265 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 77475?

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.