FY2027 Small Area FMR · Lubbock, TX

ZIP 79401 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 79401 (Lubbock, TX) is $1,160 a month, up 4.5% from FY2026. That is 7% below the Lubbock, TX area-wide FMR of $1,241.

2-bedroom SAFMR$1,160per month ▲ 4.5%

Area-wide 2 BR FMR$1,241Lubbock, TX

Rank in the area22ndof 42 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,044

2 BR Small Area FMR$1,160

110% of SAFMR$1,276

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

Studio$830▲ 7.8%

1 BR$980▲ 5.4%

2 BR$1,160▲ 4.5%

3 BR$1,610▲ 4.5%

4 BR$1,920▲ 4.9%

FY2027 FY2026

Where 79401 sits in the Lubbock, TX area

Of the 42 ZIP codes HUD lists for the area, 79401 has the 22nd highest two-bedroom Small Area FMR. Lubbock, 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 $1,241 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,160 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	$830	$747 – $913	$893	$770
1 bedroom	$980	$882 – $1,078	$1,050	$930
2 bedrooms	$1,160	$1,044 – $1,276	$1,241	$1,110
3 bedrooms	$1,610	$1,449 – $1,771	$1,718	$1,540
4 bedrooms	$1,920	$1,728 – $2,112	$2,053	$1,830

A household renting a two-bedroom home at the Small Area FMR of $1,160 needs about $46,400 a year to keep housing costs at 30% of income. The area median family income is $90,900 and the 80% low-income limit for four people is $71,700. ZIP code 79401 lies mainly in Lubbock County. See the Lubbock, TX metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
79402	Lubbock	0.2 mi	$1,240
79411	Lubbock	1.4 mi	$1,060
79406	Lubbock	1.6 mi	$1,220
79410	Lubbock	2.7 mi	$1,440
79412	Lubbock	2.9 mi	$1,090
79413	Lubbock	3.5 mi	$1,440

Questions

What is the Fair Market Rent for ZIP code 79401?

HUD's FY2027 Small Area Fair Market Rents for 79401 are $830 (studio), $980 (1 BR), $1,160 (2 BR), $1,610 (3 BR) and $1,920 (4 BR) a month.

What is the Section 8 payment standard in 79401?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 79401 that range is $1,044 to $1,276 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 79401?

The FY2026 income limits of the Lubbock, TX area apply: median family income $90,900, low-income (80%) limit $71,700 for a family of four.