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McLennan County fair market rent FY 2027Texas, HUD studio to 4 bedrooms

HUD's FY 2027 Fair Market Rent for a two-bedroom home in McLennan County, Texas is $1,297 a month, effective October 1, 2026: $903 for a studio, $1,029 for one bedroom, $1,693 for three and $1,705 for four. It is set for the Waco, TX HUD Metro FMR Area. The FY 2026 two-bedroom FMR was $1,240 (+4.6%).

$1,297
2 bedrooms, FY 2027 in effect
$1,029
1 bedroom
$1,693
3 bedrooms
+4.6%
2-bedroom change from FY 2026

McLennan County Fair Market Rents by bedrooms

Fair Market Rents, Waco, TX HUD Metro FMR Area
BedroomsFY 2027FY 2026ChangePayment standard basic range
Studio$903$850+6.2%$812 to $993
1 bedroom$1,029$996+3.3%$926 to $1,131
2 bedrooms$1,297$1,240+4.6%$1,167 to $1,426
3 bedrooms$1,693$1,599+5.9%$1,523 to $1,862
4 bedrooms$1,705$1,644+3.7%$1,534 to $1,875

Monthly gross rent (rent plus tenant-paid utilities except telephone). FY 2027 runs October 1, 2026 to September 30, 2027. The payment standard basic range is 90 to 110 percent of the FMR (24 CFR 982.503(c)); the local housing agency sets the actual payment standard.

How McLennan County compares

McLennan County's two-bedroom FMR of $1,297 is the 53rd highest of 254 counties in Texas, where the county median is $1,105 and the range $1,014 to $1,817. Across all 3,144 US counties the median two-bedroom FMR is $1,071; McLennan County ranks 837th.

Small Area FMRs and ZIP codes

HUD also publishes Small Area FMRs by ZIP code for metropolitan areas. For the Waco, TX HUD Metro FMR Area it lists 33 ZIP codes, with two-bedroom Small Area FMRs from $1,120 to $1,910. This area is not one of HUD's designated Small Area FMR areas, so agencies use the area-wide FMR above unless they opt in.

Look up any ZIP code: fair market rent by ZIP code.

Fair market rents in nearby counties

All Texas counties · Fair market rents in every state

More for McLennan County

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Questions about McLennan County fair market rent

What is the fair market rent in McLennan County for FY 2027?

$903 for a studio, $1,029 for one bedroom, $1,297 for two, $1,693 for three and $1,705 for four bedrooms a month. FY 2027 runs from October 1, 2026 to September 30, 2027.

What was the fair market rent in McLennan County for FY 2026?

$850 for a studio, $996 for one bedroom, $1,240 for two, $1,599 for three and $1,644 for four bedrooms (FY 2026, October 1, 2025 to September 30, 2026).

What is the Section 8 voucher amount for a 2 bedroom in McLennan County?

The housing agency sets a payment standard, usually within the basic range of 90 to 110 percent of the FMR: $1,167 to $1,426 for two bedrooms here. The voucher then pays the lower of the payment standard or the gross rent, minus the family's total tenant payment, usually 30 percent of adjusted monthly income (24 CFR 982.505 and 5.628). The local housing agency publishes its own schedule.

Does fair market rent include utilities?

Yes. HUD's rule defines Fair Market Rents as "estimates of rent plus the cost of utilities, except telephone", set at the 40th percentile of rents for standard-quality units rented by recent movers (24 CFR 888.113).

Is McLennan County's fair market rent high for Texas?

$1,297 for two bedrooms ranks 53rd of 254 counties in Texas; the state's county median is $1,105 (range $1,014 to $1,817) and the national county median is $1,071.

Legal references

JSON: /api/data/fair-market-rent/texas/mclennan-county. Fair Market Rents are HUD program figures, not an appraisal of any unit's rent.