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Texas · FIPS 48331 · HUD FY 2027

Milam County, Texas Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Milam County is $1,126 a month (rent plus utilities), 24% below the Texas average of $1,488 and 36% below the U.S. average of $1,761. That is up $89 (8.6%) from FY 2026. At 30% of income, a household needs about $45,040 a year to afford it.

  • $1,1262-bedroom FMR+$89 (+8.6%) vs FY 2026
  • $8611-bedroom FMRTexas: $1,247 · U.S.: $1,478
  • $45,040Income for a 2-bedroom$22/hour full-time
  • 114 of 2542BR rank in Texas1 = highest rent

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Default: the income a 2-bedroom here needs at 30%.

Rent you can afford at 30% of income$1,126/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Milam County FMR$1,126$45,040–
Texas average$1,488$59,528–
U.S. average$1,761$70,432–
Milam County Fair Market Rents, FY 2027 vs FY 2026, with state and U.S. averages
UnitMilam County FY 2027FY 2026ChangeTexas avgU.S. avgIncome needed
Studio$856$785+$71 (+9.0%)$1,192$1,379$34,240
1 bedroom$861$790+$71 (+9.0%)$1,247$1,478$34,440
2 bedrooms$1,126$1,037+$89 (+8.6%)$1,488$1,761$45,040
3 bedrooms$1,448$1,302+$146 (+11.2%)$1,939$2,266$57,920
4 bedrooms$1,793$1,626+$167 (+10.3%)$2,341$2,607$71,720

How Milam County compares

  • Milam 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: $856, $861, $1,126, $1,448, $1,793. 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 8 ZIP codes mostly in Milam County (by land area), the 2-bedroom figure ranges from $1,010 to $1,670.

Small Area FMRs by ZIP code in Milam County

FY 2027 Small Area Fair Market Rents, ZIP codes in Milam County
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
76518$770$780$1,010$1,310$1,620+$40 (+4.1%)10% below
76519$890$900$1,110$1,540$1,870+$50 (+4.7%)1% below
76520$850$860$1,120$1,440$1,780+$80 (+7.7%)1% below
76523$830$840$1,040$1,380$1,660+$10 (+1.0%)8% below
76556$930$980$1,100$1,490$1,760+$10 (+0.9%)2% below
76567$930$980$1,140$1,490$1,810+$50 (+4.6%)1% above
76577$1,330$1,410$1,670$2,120$2,490−$90 (−5.1%)48% above
77857$860$890$1,080$1,420$1,740+$50 (+4.9%)4% below

Sources

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.

All Texas counties · How HUD sets these rents