FY2027 Small Area FMR · Austin, TX

ZIP 78728 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 78728 (Austin, TX) is $1,750 a month, down 1.1% from FY2026. That is 4% below the Austin-Round Rock-San Marcos, TX area-wide FMR of $1,817.

2-bedroom SAFMR$1,750per month ▼ 1.1%

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

Rank in the area81stof 131 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,575

2 BR Small Area FMR$1,750

110% of SAFMR$1,925

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

Studio$1,390▼ 1.4%

1 BR$1,470▼ 1.3%

2 BR$1,750▼ 1.1%

3 BR$2,210▼ 1.3%

4 BR$2,590▼ 1.9%

FY2027 FY2026

Where 78728 sits in the Austin-Round Rock-San Marcos, TX area

Of the 131 ZIP codes HUD lists for the area, 78728 has the 81st 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 $1,750 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	$1,390	$1,251 – $1,529	$1,447	$1,410
1 bedroom	$1,470	$1,323 – $1,617	$1,530	$1,490
2 bedrooms	$1,750	$1,575 – $1,925	$1,817	$1,770
3 bedrooms	$2,210	$1,989 – $2,431	$2,292	$2,240
4 bedrooms	$2,590	$2,331 – $2,849	$2,689	$2,640

A household renting a two-bedroom home at the Small Area FMR of $1,750 needs about $70,000 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 78728 lies mainly in Travis County and Williamson 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
78727	Austin	2.3 mi	$2,080
78729	Austin	3.8 mi	$1,830
78717	Austin	4.4 mi	$1,980
78664	Round Rock	4.4 mi	$1,760
78758	Austin	4.7 mi	$1,860
78753	Austin	5.1 mi	$1,720

Questions

What is the Fair Market Rent for ZIP code 78728?

HUD's FY2027 Small Area Fair Market Rents for 78728 are $1,390 (studio), $1,470 (1 BR), $1,750 (2 BR), $2,210 (3 BR) and $2,590 (4 BR) a month.

What is the Section 8 payment standard in 78728?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 78728 that range is $1,575 to $1,925 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 78728?

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.