FY2027 Small Area FMR · Odessa, TX

ZIP 79764 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 79764 (Odessa, TX) is $1,440 a month, down 4.6% from FY2026. That is 5% below the Odessa, TX area-wide FMR of $1,522.

2-bedroom SAFMR$1,440per month ▼ 4.6%

Area-wide 2 BR FMR$1,522Odessa, TX

Rank in the area13thof 14 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,296

2 BR Small Area FMR$1,440

110% of SAFMR$1,584

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

Studio$1,130▼ 2.6%

1 BR$1,150▼ 1.7%

2 BR$1,440▼ 4.6%

3 BR$1,730▼ 4.4%

4 BR$2,000▼ 6.1%

FY2027 FY2026

Where 79764 sits in the Odessa, TX area

Of the 14 ZIP codes HUD lists for the area, 79764 has the 13th highest two-bedroom Small Area FMR. Odessa, 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 $1,522 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,440 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	$1,130	$1,017 – $1,243	$1,153	$1,160
1 bedroom	$1,150	$1,035 – $1,265	$1,229	$1,170
2 bedrooms	$1,440	$1,296 – $1,584	$1,522	$1,510
3 bedrooms	$1,730	$1,557 – $1,903	$1,813	$1,810
4 bedrooms	$2,000	$1,800 – $2,200	$2,083	$2,130

A household renting a two-bedroom home at the Small Area FMR of $1,440 needs about $57,600 a year to keep housing costs at 30% of income. The area median family income is $91,100 and the 80% low-income limit for four people is $74,400. ZIP code 79764 lies mainly in Ector County. See the Odessa, TX county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
79763	Odessa	5.9 mi	$1,440
79759	Notrees	7.3 mi	$1,520
79741	Goldsmith	9.0 mi	$1,520
79776	Penwell	9.6 mi	$1,520
79769	Odessa	10.1 mi	$1,520
79761	Odessa	11.0 mi	$1,470

Questions

What is the Fair Market Rent for ZIP code 79764?

HUD's FY2027 Small Area Fair Market Rents for 79764 are $1,130 (studio), $1,150 (1 BR), $1,440 (2 BR), $1,730 (3 BR) and $2,000 (4 BR) a month.

What is the Section 8 payment standard in 79764?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 79764 that range is $1,296 to $1,584 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 79764?

The FY2026 income limits of the Odessa, TX area apply: median family income $91,100, low-income (80%) limit $74,400 for a family of four.