FY2027 Small Area FMR · Austin, TX

ZIP 78733 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 78733 (Austin, TX) is $2,730 a month, down 1.8% from FY2026. That is 50% above the Austin-Round Rock-San Marcos, TX area-wide FMR of $1,817.

2-bedroom SAFMR$2,730per month ▼ 1.8%

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

Rank in the area1stof 131 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,457

2 BR Small Area FMR$2,730

110% of SAFMR$3,003

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

Studio$2,170▼ 1.8%

1 BR$2,300▼ 2.1%

2 BR$2,730▼ 1.8%

3 BR$3,440▼ 2.3%

4 BR$4,040▼ 2.4%

FY2027 FY2026

Where 78733 sits in the Austin-Round Rock-San Marcos, TX area

Of the 131 ZIP codes HUD lists for the area, 78733 has the 1st 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 $2,730 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	$2,170	$1,953 – $2,387	$1,447	$2,210
1 bedroom	$2,300	$2,070 – $2,530	$1,530	$2,350
2 bedrooms	$2,730	$2,457 – $3,003	$1,817	$2,780
3 bedrooms	$3,440	$3,096 – $3,784	$2,292	$3,520
4 bedrooms	$4,040	$3,636 – $4,444	$2,689	$4,140

A household renting a two-bedroom home at the Small Area FMR of $2,730 needs about $109,200 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 78733 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
78735	Austin	3.7 mi	$2,130
78732	Austin	3.9 mi	$1,990
78738	Austin	4.4 mi	$2,120
78730	Austin	4.4 mi	$1,900
78746	Austin	4.8 mi	$2,240
78734	Austin	5.6 mi	$2,110

Questions

What is the Fair Market Rent for ZIP code 78733?

HUD's FY2027 Small Area Fair Market Rents for 78733 are $2,170 (studio), $2,300 (1 BR), $2,730 (2 BR), $3,440 (3 BR) and $4,040 (4 BR) a month.

What is the Section 8 payment standard in 78733?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 78733 that range is $2,457 to $3,003 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 78733?

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.