Texas · FIPS 48309 · HUD FY 2027
McLennan County, Texas Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in McLennan County is $1,297 a month (rent plus utilities), 13% below the Texas average of $1,488 and 26% below the U.S. average of $1,761. That is up $57 (4.6%) from FY 2026. At 30% of income, a household needs about $51,880 a year to afford it.
- $1,2972-bedroom FMR+$57 (+4.6%) vs FY 2026
- $1,0291-bedroom FMRTexas: $1,247 · U.S.: $1,478
- $51,880Income for a 2-bedroom$25/hour full-time
- 53 of 2542BR rank in Texas1 = highest rent
| Unit | McLennan County FY 2027 | FY 2026 | Change | Texas avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $903 | $850 | +$53 (+6.2%) | $1,192 | $1,379 | $36,120 |
| 1 bedroom | $1,029 | $996 | +$33 (+3.3%) | $1,247 | $1,478 | $41,160 |
| 2 bedrooms | $1,297 | $1,240 | +$57 (+4.6%) | $1,488 | $1,761 | $51,880 |
| 3 bedrooms | $1,693 | $1,599 | +$94 (+5.9%) | $1,939 | $2,266 | $67,720 |
| 4 bedrooms | $1,705 | $1,644 | +$61 (+3.7%) | $2,341 | $2,607 | $68,200 |
How McLennan County compares
- HUD sets this rent for the Waco, TX metro FMR area, which covers 266,067 residents in 1 county.
- Across Texas, 2-bedroom FMRs run from $1,014 (Zavala County) to $1,817 (Bastrop County).
- Studio to 4-bedroom: $903, $1,029, $1,297, $1,693, $1,705. 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 20 ZIP codes mostly in McLennan County (by land area), the 2-bedroom figure ranges from $1,120 to $1,910.
Small Area FMRs by ZIP code in McLennan County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 76624 | $770 | $900 | $1,120 | $1,440 | $1,490 | −$120 (−9.7%) | 14% below |
| 76630 | $850 | $960 | $1,210 | $1,590 | $1,610 | −$30 (−2.4%) | 7% below |
| 76633 | $1,330 | $1,520 | $1,910 | $2,500 | $2,520 | +$270 (+16.5%) | 47% above |
| 76638 | $1,030 | $1,170 | $1,480 | $1,930 | $1,950 | −$20 (−1.3%) | 14% above |
| 76640 | $770 | $900 | $1,120 | $1,440 | $1,490 | −$120 (−9.7%) | 14% below |
| 76643 | $1,130 | $1,290 | $1,620 | $2,120 | $2,130 | no change | 25% above |
| 76654 | $770 | $900 | $1,120 | $1,450 | $1,490 | −$120 (−9.7%) | 14% below |
| 76655 | $1,090 | $1,240 | $1,570 | $2,060 | $2,110 | no change | 21% above |
| 76657 | $980 | $1,120 | $1,410 | $1,840 | $1,870 | +$50 (+3.7%) | 9% above |
| 76691 | $800 | $910 | $1,150 | $1,500 | $1,550 | −$90 (−7.3%) | 11% below |
| 76701 | $900 | $1,050 | $1,300 | $1,670 | $1,710 | −$140 (−9.7%) | about the same as |
| 76704 | $770 | $900 | $1,120 | $1,440 | $1,490 | −$120 (−9.7%) | 14% below |
| 76705 | $770 | $900 | $1,120 | $1,440 | $1,490 | −$120 (−9.7%) | 14% below |
| 76706 | $890 | $1,020 | $1,280 | $1,670 | $1,680 | +$40 (+3.2%) | 1% below |
| 76707 | $880 | $1,010 | $1,270 | $1,660 | $1,670 | +$30 (+2.4%) | 2% below |
| 76708 | $910 | $1,030 | $1,300 | $1,700 | $1,710 | +$50 (+4.0%) | about the same as |
| 76710 | $870 | $990 | $1,250 | $1,630 | $1,640 | +$10 (+0.8%) | 4% below |
| 76711 | $1,070 | $1,210 | $1,530 | $2,000 | $2,010 | no change | 18% above |
| 76712 | $1,060 | $1,210 | $1,520 | $1,980 | $2,000 | +$60 (+4.1%) | 17% above |
| 76798 | $890 | $1,020 | $1,280 | $1,670 | $1,680 | +$40 (+3.2%) | 1% below |
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.