Palo Pinto 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).

$1,1292-bedroom FMR, FY2027

$9081-bedroom FMR, FY2027

$67,90080% income limit, family of 4 (FY2026)

$84,900Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Palo Pinto County is $1,129 a month, up 5.7% from $1,068 in FY2026. Palo Pinto County belongs to the Palo Pinto County, TX FMR area (non-metro county), 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 Palo Pinto County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$858	$820	+4.6%	$773 – $943
1 bedroom	$908	$825	+10.1%	$818 – $998
2 bedrooms	$1,129	$1,068	+5.7%	$1,017 – $1,241
3 bedrooms	$1,563	$1,397	+11.9%	$1,407 – $1,719
4 bedrooms	$1,887	$1,792	+5.3%	$1,699 – $2,075

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 Palo Pinto County that is typically $1,017 to $1,241 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?

$47,238median income of renter households

$1,093Median gross rent, all units

28%Rent-to-income ratio (median rent ÷ median renter income)

49%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $47,238 can afford about $1,181 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,129 is $52 (4.4%) less than that. To rent a two-bedroom at the FMR, a household needs $45,160 a year under the 30% rule, or $40,644 under the common landlord rule that income must be three times the rent.

Palo Pinto County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$1,093 ±$81
Median income of renter households	$47,238 ±$6,738
Renters paying 30% or more of income (cost-burdened)	49.2% ±7.3
Renters paying 50% or more (severely cost-burdened)	26.2% ±5.7
Renter households (where the share can be computed)	3,013

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$800	$1,093	+36.6%
Median renter household income	$28,361	$47,238	+66.6%
Renters paying 30%+ of income	59.0%	49.2%	−9.8 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.

HUD income limits for Palo Pinto County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $84,900 (FY2025: $81,800, +3.8%). 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%)	$17,850 +3.8%	$21,640 +2.3%	$27,320 +2.5%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$50,040 +2.9%	$55,720 +3.2%
Very low income (50%)	$29,750 +3.8%	$34,000 +3.8%	$38,250 +3.8%	$42,450 +3.8%	$45,850 +3.7%	$49,250 +3.8%	$52,650 +3.7%	$56,050 +3.8%
Low income (80%)	$47,550 +3.7%	$54,350 +3.7%	$61,150 +3.7%	$67,900 +3.7%	$73,350 +3.7%	$78,800 +3.8%	$84,200 +3.7%	$89,650 +3.8%

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.