FY2027 Small Area FMR · Austin, TX

ZIP 78705 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 78705 (Austin, TX) is $1,870 a month, down 6.5% from FY2026. That is 3% above the Austin-Round Rock-San Marcos, TX area-wide FMR of $1,817.

2-bedroom SAFMR$1,870per month ▼ 6.5%

Area-wide 2 BR FMR$1,817Austin-Round Rock-San Marcos

Rank in the area48thof 131 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,683

2 BR Small Area FMR$1,870

110% of SAFMR$2,057

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

Studio$1,490▼ 6.3%

1 BR$1,570▼ 7.1%

2 BR$1,870▼ 6.5%

3 BR$2,360▼ 6.7%

4 BR$2,770▼ 7.0%

FY2027 FY2026

Where 78705 sits in the Austin-Round Rock-San Marcos, TX area

Of the 131 ZIP codes HUD lists for the area, 78705 has the 48th highest two-bedroom Small Area FMR. Austin-Round Rock-San Marcos, 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 $1,817 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,870 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	$1,490	$1,341 – $1,639	$1,447	$1,590
1 bedroom	$1,570	$1,413 – $1,727	$1,530	$1,690
2 bedrooms	$1,870	$1,683 – $2,057	$1,817	$2,000
3 bedrooms	$2,360	$2,124 – $2,596	$2,292	$2,530
4 bedrooms	$2,770	$2,493 – $3,047	$2,689	$2,980

A household renting a two-bedroom home at the Small Area FMR of $1,870 needs about $74,800 a year to keep housing costs at 30% of income. The area median family income is $134,400 and the 80% low-income limit for four people is $106,800. ZIP code 78705 lies mainly in Travis County. See the Austin-Round Rock-San Marcos, TX metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
78712	Austin	1.0 mi	$2,050
78722	Austin	1.5 mi	$2,040
78751	Austin	1.5 mi	$2,200
78703	Austin	1.6 mi	$2,440
78701	Austin	1.7 mi	$2,730
78756	Austin	1.9 mi	$1,670

Questions

What is the Fair Market Rent for ZIP code 78705?

HUD's FY2027 Small Area Fair Market Rents for 78705 are $1,490 (studio), $1,570 (1 BR), $1,870 (2 BR), $2,360 (3 BR) and $2,770 (4 BR) a month.

What is the Section 8 payment standard in 78705?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 78705 that range is $1,683 to $2,057 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 78705?

The FY2026 income limits of the Austin-Round Rock-San Marcos, TX area apply: median family income $134,400, low-income (80%) limit $106,800 for a family of four.