FY2027 Small Area FMR · Austin, TX

ZIP 78735 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 78735 (Austin, TX) is $2,130 a month, down 3.6% from FY2026. That is 17% above the Austin-Round Rock-San Marcos, TX area-wide FMR of $1,817.

2-bedroom SAFMR$2,130per month ▼ 3.6%

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

Rank in the area13thof 131 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,917

2 BR Small Area FMR$2,130

110% of SAFMR$2,343

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

Studio$1,700▼ 3.4%

1 BR$1,790▼ 3.8%

2 BR$2,130▼ 3.6%

3 BR$2,690▼ 3.9%

4 BR$3,150▼ 4.3%

FY2027 FY2026

Where 78735 sits in the Austin-Round Rock-San Marcos, TX area

Of the 131 ZIP codes HUD lists for the area, 78735 has the 13th 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 $2,130 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	$1,700	$1,530 – $1,870	$1,447	$1,760
1 bedroom	$1,790	$1,611 – $1,969	$1,530	$1,860
2 bedrooms	$2,130	$1,917 – $2,343	$1,817	$2,210
3 bedrooms	$2,690	$2,421 – $2,959	$2,292	$2,800
4 bedrooms	$3,150	$2,835 – $3,465	$2,689	$3,290

A household renting a two-bedroom home at the Small Area FMR of $2,130 needs about $85,200 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 78735 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
78733	Austin	3.7 mi	$2,730
78749	Austin	3.7 mi	$2,060
78746	Austin	4.0 mi	$2,240
78736	Austin	5.4 mi	$2,000
78745	Austin	6.1 mi	$1,890
78703	Austin	6.4 mi	$2,440

Questions

What is the Fair Market Rent for ZIP code 78735?

HUD's FY2027 Small Area Fair Market Rents for 78735 are $1,700 (studio), $1,790 (1 BR), $2,130 (2 BR), $2,690 (3 BR) and $3,150 (4 BR) a month.

What is the Section 8 payment standard in 78735?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 78735 that range is $1,917 to $2,343 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 78735?

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.