FY2027 Small Area FMR · Austin, TX

ZIP 78732 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 78732 (Austin, TX) is $1,990 a month, unchanged from FY2026. That is 10% above the Austin-Round Rock-San Marcos, TX area-wide FMR of $1,817.

2-bedroom SAFMR$1,990per month ■ 0.0%

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

Rank in the area26thof 131 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,791

2 BR Small Area FMR$1,990

110% of SAFMR$2,189

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

Studio$1,580■ 0.0%

1 BR$1,680■ 0.0%

2 BR$1,990■ 0.0%

3 BR$2,510▼ 0.4%

4 BR$2,950▼ 0.7%

FY2027 FY2026

Where 78732 sits in the Austin-Round Rock-San Marcos, TX area

Of the 131 ZIP codes HUD lists for the area, 78732 has the 26th 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 $1,990 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	$1,580	$1,422 – $1,738	$1,447	$1,580
1 bedroom	$1,680	$1,512 – $1,848	$1,530	$1,680
2 bedrooms	$1,990	$1,791 – $2,189	$1,817	$1,990
3 bedrooms	$2,510	$2,259 – $2,761	$2,292	$2,520
4 bedrooms	$2,950	$2,655 – $3,245	$2,689	$2,970

A household renting a two-bedroom home at the Small Area FMR of $1,990 needs about $79,600 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 78732 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
78734	Austin	3.3 mi	$2,110
78730	Austin	3.5 mi	$1,900
78733	Austin	3.9 mi	$2,730
78726	Austin	4.8 mi	$1,840
78738	Austin	5.5 mi	$2,120
78750	Austin	6.2 mi	$1,920

Questions

What is the Fair Market Rent for ZIP code 78732?

HUD's FY2027 Small Area Fair Market Rents for 78732 are $1,580 (studio), $1,680 (1 BR), $1,990 (2 BR), $2,510 (3 BR) and $2,950 (4 BR) a month.

What is the Section 8 payment standard in 78732?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 78732 that range is $1,791 to $2,189 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 78732?

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.