FY2027 Small Area FMR · Laredo, TX

ZIP 78042 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 78042 (Laredo, TX) is $1,160 a month, unchanged from FY2026. That is 0% equal to the Laredo, TX area-wide FMR of $1,157.

2-bedroom SAFMR$1,160per month ■ 0.0%

Area-wide 2 BR FMR$1,157Laredo, TX

Rank in the area5thof 11 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,044

2 BR Small Area FMR$1,160

110% of SAFMR$1,276

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

Studio$950▼ 1.0%

1 BR$960■ 0.0%

2 BR$1,160■ 0.0%

3 BR$1,520▲ 1.3%

4 BR$1,560▲ 0.6%

FY2027 FY2026

Where 78042 sits in the Laredo, TX area

Of the 11 ZIP codes HUD lists for the area, 78042 has the 5th highest two-bedroom Small Area FMR. Laredo, 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 $1,157 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,160 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	$950	$855 – $1,045	$949	$960
1 bedroom	$960	$864 – $1,056	$955	$960
2 bedrooms	$1,160	$1,044 – $1,276	$1,157	$1,160
3 bedrooms	$1,520	$1,368 – $1,672	$1,512	$1,500
4 bedrooms	$1,560	$1,404 – $1,716	$1,558	$1,550

A household renting a two-bedroom home at the Small Area FMR of $1,160 needs about $46,400 a year to keep housing costs at 30% of income. The area median family income is $74,000 and the 80% low-income limit for four people is $66,950. ZIP code 78042 lies mainly in Webb County. See the Laredo, TX county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
78041	Laredo	1.7 mi	$1,170
78040	Laredo	3.9 mi	$1,140
78043	Laredo	13.0 mi	$1,150
78046	Laredo	15.7 mi	$1,180
78045	Laredo	22.4 mi	$1,570
78044	Laredo	25.0 mi	$1,120

Questions

What is the Fair Market Rent for ZIP code 78042?

HUD's FY2027 Small Area Fair Market Rents for 78042 are $950 (studio), $960 (1 BR), $1,160 (2 BR), $1,520 (3 BR) and $1,560 (4 BR) a month.

What is the Section 8 payment standard in 78042?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 78042 that range is $1,044 to $1,276 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 78042?

The FY2026 income limits of the Laredo, TX area apply: median family income $74,000, low-income (80%) limit $66,950 for a family of four.