FY2027 Small Area FMR · Lubbock, TX

ZIP 79404 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 79404 (Lubbock, TX) is $1,100 a month, up 1.9% from FY2026. That is 11% below the Lubbock, TX area-wide FMR of $1,241.

2-bedroom SAFMR$1,100per month ▲ 1.9%

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

Rank in the area24thof 42 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$990

2 BR Small Area FMR$1,100

110% of SAFMR$1,210

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

Studio$790▲ 5.3%

1 BR$930▲ 2.2%

2 BR$1,100▲ 1.9%

3 BR$1,520▲ 1.3%

4 BR$1,820▲ 3.4%

FY2027 FY2026

Where 79404 sits in the Lubbock, TX area

Of the 42 ZIP codes HUD lists for the area, 79404 has the 24th 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 $1,100 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	$790	$711 – $869	$893	$750
1 bedroom	$930	$837 – $1,023	$1,050	$910
2 bedrooms	$1,100	$990 – $1,210	$1,241	$1,080
3 bedrooms	$1,520	$1,368 – $1,672	$1,718	$1,500
4 bedrooms	$1,820	$1,638 – $2,002	$2,053	$1,760

A household renting a two-bedroom home at the Small Area FMR of $1,100 needs about $44,000 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 79404 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
79412	Lubbock	3.8 mi	$1,090
79411	Lubbock	4.7 mi	$1,060
79401	Lubbock	5.3 mi	$1,160
79413	Lubbock	5.5 mi	$1,440
79402	Lubbock	5.5 mi	$1,240
79366	Ransom Canyon	6.2 mi	$1,180

Questions

What is the Fair Market Rent for ZIP code 79404?

HUD's FY2027 Small Area Fair Market Rents for 79404 are $790 (studio), $930 (1 BR), $1,100 (2 BR), $1,520 (3 BR) and $1,820 (4 BR) a month.

What is the Section 8 payment standard in 79404?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 79404 that range is $990 to $1,210 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 79404?

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.