Lampasas County, TX: Fair Market Rent 2027 and Income Limits

Official HUD figures for landlords and renters, effective October 1, 2026 (rents) and May 1, 2026 (income limits).

$1,0142-bedroom FMR, FY2027

$7751-bedroom FMR, FY2027

$85,05080% income limit, family of 4 (FY2026)

$106,300Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Lampasas County is $1,014 a month, down 5.0% from $1,067 in FY2026. Lampasas County belongs to the Lampasas County, TX HUD Metro FMR Area FMR area, so the same figures apply across that area. FMRs are gross rents: rent plus all tenant-paid utilities except phone, cable and internet.

Fair market rent in Lampasas County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$770	$808	−4.7%	$693 – $847
1 bedroom	$775	$813	−4.7%	$698 – $852
2 bedrooms	$1,014	$1,067	−5.0%	$913 – $1,115
3 bedrooms	$1,404	$1,475	−4.8%	$1,264 – $1,544
4 bedrooms	$1,695	$1,790	−5.3%	$1,526 – $1,864

Source: HUD Fair Market Rents FY2027 (effective October 1, 2026) and FY2026 (revised file), details.

What can a landlord charge a Section 8 tenant here?

The FMR is not a cap on what you can ask on the open market. For a Housing Choice Voucher tenant, the local housing authority sets a payment standard, normally between 90% and 110% of the FMR (or of the ZIP-level Small Area FMR where those apply). For a two-bedroom unit in Lampasas County that is typically $913 to $1,115 including utilities. You can charge more than the payment standard if the rent passes the housing authority's rent-reasonableness test and, at move-in, the tenant's share stays within 40% of their adjusted monthly income. Ask the housing authority for its current payment standard schedule.

Can local renters afford the fair market rent?

$53,936median income of renter households

$1,059Median gross rent, all units

24%Rent-to-income ratio (median rent ÷ median renter income)

40%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $53,936 can afford about $1,348 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,014 is $334 (24.8%) less than that. To rent a two-bedroom at the FMR, a household needs $40,560 a year under the 30% rule, or $36,504 under the common landlord rule that income must be three times the rent.

Lampasas County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$1,059 ±$97
Median income of renter households	$53,936 ±$5,730
Renters paying 30% or more of income (cost-burdened)	39.5% ±7.9
Renters paying 50% or more (severely cost-burdened)	15.1% ±6.6
Renter households (where the share can be computed)	1,586

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$774	$1,059	+36.8%
Median renter household income	$32,037	$53,936	+68.4%
Renters paying 30%+ of income	46.0%	39.5%	−6.5 pts

Rent-to-income calculator: does an applicant qualify? → · Most affordable counties to rent in this state →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates 2020–2024 and 2015–2019 (tables B25064, B25119, B25070). ± = margin of error at 90% confidence. Dollar figures are not adjusted for inflation.

Small Area FMRs by ZIP code (FY2027)

In metro areas HUD also publishes ZIP-level Small Area Fair Market Rents. Housing authorities in designated areas must use them for voucher payment standards; others may opt in. Here the two-bedroom SAFMR ranges from $1,010 to $1,240 depending on the ZIP code.

All 8 ZIP codes in this FMR area

ZIP	0 BR	1 BR	2 BR	3 BR	4 BR
76522	$890	$900	$1,110	$1,540	$1,870
76525	$890	$900	$1,110	$1,540	$1,870
76528	$890	$900	$1,110	$1,540	$1,870
76539	$960	$960	$1,240	$1,710	$2,060
76550	$880	$900	$1,130	$1,490	$1,670
76824	$820	$840	$1,080	$1,390	$1,670
76844	$770	$930	$1,010	$1,410	$1,620
76853	$770	$800	$1,010	$1,410	$1,690

Source: HUD FY2027 Small Area FMRs (effective October 1, 2026).

HUD income limits for Lampasas County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $106,300 (FY2025: $102,300, +3.9%). Small figures under each limit show the change from FY2025.

Household size	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
Extremely low income (30%)	$22,350 +4.0%	$25,550 +3.9%	$28,750 +4.0%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$50,040 +2.9%	$55,720 +2.9%
Very low income (50%)	$37,250 +3.9%	$42,550 +3.9%	$47,850 +3.9%	$53,150 +3.9%	$57,450 +4.0%	$61,700 +4.0%	$65,950 +3.9%	$70,200 +3.9%
Low income (80%)	$59,550 +3.9%	$68,050 +3.9%	$76,550 +3.9%	$85,050 +3.9%	$91,900 +4.0%	$98,700 +3.9%	$105,500 +3.9%	$112,300 +3.9%

The 30% limit is HUD's “extremely low income” limit: the higher of 30% of median income or the federal poverty guideline, but never above the 50% limit. That is why it can rise faster than 30% of median for larger households. Tax-credit (LIHTC) properties use separate Multifamily Tax Subsidy Project limits.

Source: HUD Section 8 Income Limits FY2026 (effective May 1, 2026) and FY2025, details.