FY2027 Small Area FMR · Memphis, TX
ZIP 79245 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 79245 (Memphis, TX) is $1,020 a month, up 4.1% from FY2026. That is 10% below the Childress County, TX area-wide FMR of $1,128.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 79245 sits in the Childress County, TX area
Of the 5 ZIP codes HUD lists for the area, 79245 has the 4th highest two-bedroom Small Area FMR. Childress County, 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 $1,128 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,020 for this ZIP code instead.
ZIP code 79245 crosses more than one HUD area. HUD also lists it under Collingsworth County, TX (same figures), Donley County, TX (same figures) and Hall County, TX (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $780 | $702 – $858 | $857 | $750 |
| 1 bedroom | $800 | $720 – $880 | $862 | $760 |
| 2 bedrooms | $1,020 | $918 – $1,122 | $1,128 | $980 |
| 3 bedrooms | $1,410 | $1,269 – $1,551 | $1,500 | $1,360 |
| 4 bedrooms | $1,470 | $1,323 – $1,617 | $1,625 | $1,440 |
A household renting a two-bedroom home at the Small Area FMR of $1,020 needs about $40,800 a year to keep housing costs at 30% of income. The area median family income is $76,600 and the 80% low-income limit for four people is $66,950. ZIP code 79245 lies mainly in Hall County, Childress County and Collingsworth County. See the Childress County, TX county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 79245?
HUD's FY2027 Small Area Fair Market Rents for 79245 are $780 (studio), $800 (1 BR), $1,020 (2 BR), $1,410 (3 BR) and $1,470 (4 BR) a month.
What is the Section 8 payment standard in 79245?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 79245 that range is $918 to $1,122 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 79245?
The FY2026 income limits of the Childress County, TX area apply: median family income $76,600, low-income (80%) limit $66,950 for a family of four.