FY2027 Small Area FMR · Mcallen, TX

ZIP 78503 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 78503 (Mcallen, TX) is $1,180 a month, down 4.8% from FY2026. That is 16% above the McAllen-Edinburg-Mission, TX area-wide FMR of $1,017.

2-bedroom SAFMR$1,180per month ▼ 4.8%

Area-wide 2 BR FMR$1,017McAllen-Edinburg-Mission, TX

Rank in the area2ndof 33 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,062

2 BR Small Area FMR$1,180

110% of SAFMR$1,298

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

Studio$930▼ 5.1%

1 BR$940▼ 5.1%

2 BR$1,180▼ 4.8%

3 BR$1,510▼ 6.2%

4 BR$1,670▼ 6.2%

FY2027 FY2026

Where 78503 sits in the McAllen-Edinburg-Mission, TX area

Of the 33 ZIP codes HUD lists for the area, 78503 has the 2nd highest two-bedroom Small Area FMR. McAllen-Edinburg-Mission, 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 $1,017 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,180 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	$930	$837 – $1,023	$801	$980
1 bedroom	$940	$846 – $1,034	$806	$990
2 bedrooms	$1,180	$1,062 – $1,298	$1,017	$1,240
3 bedrooms	$1,510	$1,359 – $1,661	$1,305	$1,610
4 bedrooms	$1,670	$1,503 – $1,837	$1,439	$1,780

A household renting a two-bedroom home at the Small Area FMR of $1,180 needs about $47,200 a year to keep housing costs at 30% of income. The area median family income is $64,000 and the 80% low-income limit for four people is $66,950. ZIP code 78503 lies mainly in Hidalgo County. See the McAllen-Edinburg-Mission, TX county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
78557	Hidalgo	3.4 mi	$1,010
78577	Pharr	3.7 mi	$1,080
78501	Mcallen	3.7 mi	$1,100
78589	San Juan	5.8 mi	$1,010
78504	Mcallen	7.6 mi	$1,260
78516	Alamo	8.0 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 78503?

HUD's FY2027 Small Area Fair Market Rents for 78503 are $930 (studio), $940 (1 BR), $1,180 (2 BR), $1,510 (3 BR) and $1,670 (4 BR) a month.

What is the Section 8 payment standard in 78503?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 78503 that range is $1,062 to $1,298 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 78503?

The FY2026 income limits of the McAllen-Edinburg-Mission, TX area apply: median family income $64,000, low-income (80%) limit $66,950 for a family of four.