Texas · FIPS 48421 · HUD FY 2027
Sherman County, Texas Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Sherman County is $1,065 a month (rent plus utilities), 28% below the Texas average of $1,488 and 40% below the U.S. average of $1,761. That is up $92 (9.5%) from FY 2026. At 30% of income, a household needs about $42,600 a year to afford it.
- $1,0652-bedroom FMR+$92 (+9.5%) vs FY 2026
- $8481-bedroom FMRTexas: $1,247 · U.S.: $1,478
- $42,600Income for a 2-bedroom$20/hour full-time
- 171 of 2542BR rank in Texas1 = highest rent
| Unit | Sherman County FY 2027 | FY 2026 | Change | Texas avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $810 | $756 | +$54 (+7.1%) | $1,192 | $1,379 | $32,400 |
| 1 bedroom | $848 | $778 | +$70 (+9.0%) | $1,247 | $1,478 | $33,920 |
| 2 bedrooms | $1,065 | $973 | +$92 (+9.5%) | $1,488 | $1,761 | $42,600 |
| 3 bedrooms | $1,376 | $1,266 | +$110 (+8.7%) | $1,939 | $2,266 | $55,040 |
| 4 bedrooms | $1,534 | $1,432 | +$102 (+7.1%) | $2,341 | $2,607 | $61,360 |
How Sherman County compares
- Sherman 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: $810, $848, $1,065, $1,376, $1,534. 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 3 ZIP codes mostly in Sherman County (by land area), the 2-bedroom figure ranges from $1,060 to $1,140.
Small Area FMRs by ZIP code in Sherman County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 73960 | $860 | $870 | $1,140 | $1,430 | $1,850 | +$40 (+3.6%) | 7% above |
| 79084 | $820 | $970 | $1,060 | $1,410 | $1,550 | +$90 (+9.3%) | about the same as |
| 79086 | $860 | $870 | $1,130 | $1,430 | $1,850 | +$30 (+2.7%) | 6% 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.