Texas · FIPS 48017 · HUD FY 2027
Bailey County, Texas Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Bailey County is $1,015 a month (rent plus utilities), 32% below the Texas average of $1,488 and 42% below the U.S. average of $1,761. That is up $42 (4.3%) from FY 2026. At 30% of income, a household needs about $40,600 a year to afford it.
- $1,0152-bedroom FMR+$42 (+4.3%) vs FY 2026
- $8081-bedroom FMRTexas: $1,247 · U.S.: $1,478
- $40,600Income for a 2-bedroom$20/hour full-time
- 192 of 2542BR rank in Texas1 = highest rent
| Unit | Bailey County FY 2027 | FY 2026 | Change | Texas avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $772 | $756 | +$16 (+2.1%) | $1,192 | $1,379 | $30,880 |
| 1 bedroom | $808 | $778 | +$30 (+3.9%) | $1,247 | $1,478 | $32,320 |
| 2 bedrooms | $1,015 | $973 | +$42 (+4.3%) | $1,488 | $1,761 | $40,600 |
| 3 bedrooms | $1,312 | $1,266 | +$46 (+3.6%) | $1,939 | $2,266 | $52,480 |
| 4 bedrooms | $1,462 | $1,432 | +$30 (+2.1%) | $2,341 | $2,607 | $58,480 |
How Bailey County compares
- Bailey County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Texas, 2-bedroom FMRs run from $1,014 (Zavala County) to $1,817 (Bastrop County).
- Studio to 4-bedroom: $772, $808, $1,015, $1,312, $1,462. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 4 ZIP codes mostly in Bailey County (by land area), the 2-bedroom figure ranges from $1,020 to $1,070.
Small Area FMRs by ZIP code in Bailey County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 79324 | $790 | $860 | $1,060 | $1,380 | $1,600 | +$70 (+7.1%) | 4% above |
| 79344 | $780 | $810 | $1,020 | $1,320 | $1,470 | +$50 (+5.2%) | about the same as |
| 79347 | $790 | $820 | $1,040 | $1,330 | $1,530 | +$50 (+5.1%) | 2% above |
| 79371 | $810 | $850 | $1,070 | $1,460 | $1,540 | +$80 (+8.1%) | 5% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.