FY2027 Small Area FMR · Austin, TX

ZIP 78747 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 78747 (Austin, TX) is $1,960 a month, down 6.7% from FY2026. That is 8% above the Austin-Round Rock-San Marcos, TX area-wide FMR of $1,817.

2-bedroom SAFMR$1,960per month ▼ 6.7%

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

Rank in the area31stof 131 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,764

2 BR Small Area FMR$1,960

110% of SAFMR$2,156

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

Studio$1,560▼ 6.6%

1 BR$1,650▼ 6.8%

2 BR$1,960▼ 6.7%

3 BR$2,470▼ 7.1%

4 BR$2,900▼ 7.3%

FY2027 FY2026

Where 78747 sits in the Austin-Round Rock-San Marcos, TX area

Of the 131 ZIP codes HUD lists for the area, 78747 has the 31st 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 $1,960 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	$1,560	$1,404 – $1,716	$1,447	$1,670
1 bedroom	$1,650	$1,485 – $1,815	$1,530	$1,770
2 bedrooms	$1,960	$1,764 – $2,156	$1,817	$2,100
3 bedrooms	$2,470	$2,223 – $2,717	$2,292	$2,660
4 bedrooms	$2,900	$2,610 – $3,190	$2,689	$3,130

A household renting a two-bedroom home at the Small Area FMR of $1,960 needs about $78,400 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 78747 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
78744	Austin	3.6 mi	$1,700
78748	Austin	5.7 mi	$1,910
78745	Austin	6.5 mi	$1,890
78719	Austin	6.5 mi	$1,730
78610	Buda	6.7 mi	$1,890
78741	Austin	7.3 mi	$1,790

Questions

What is the Fair Market Rent for ZIP code 78747?

HUD's FY2027 Small Area Fair Market Rents for 78747 are $1,560 (studio), $1,650 (1 BR), $1,960 (2 BR), $2,470 (3 BR) and $2,900 (4 BR) a month.

What is the Section 8 payment standard in 78747?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 78747 that range is $1,764 to $2,156 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 78747?

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.