Wise 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).

$1,1642-bedroom FMR, FY2027

$8921-bedroom FMR, FY2027

$89,85080% income limit, family of 4 (FY2026)

$112,300Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Wise County is $1,164 a month, down 3.4% from $1,205 in FY2026. Wise County belongs to the Wise 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 Wise County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$886	$912	−2.9%	$798 – $974
1 bedroom	$892	$918	−2.8%	$803 – $981
2 bedrooms	$1,164	$1,205	−3.4%	$1,048 – $1,280
3 bedrooms	$1,612	$1,676	−3.8%	$1,451 – $1,773
4 bedrooms	$1,916	$2,021	−5.2%	$1,725 – $2,107

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 Wise County that is typically $1,048 to $1,280 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?

$52,784median income of renter households

$1,299Median gross rent, all units

30%Rent-to-income ratio (median rent ÷ median renter income)

41%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $52,784 can afford about $1,320 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,164 is $156 (11.8%) less than that. To rent a two-bedroom at the FMR, a household needs $46,560 a year under the 30% rule, or $41,904 under the common landlord rule that income must be three times the rent.

Wise County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$1,299 ±$69
Median income of renter households	$52,784 ±$7,517
Renters paying 30% or more of income (cost-burdened)	40.9% ±5.9
Renters paying 50% or more (severely cost-burdened)	11.8% ±2.9
Renter households (where the share can be computed)	4,194

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$966	$1,299	+34.5%
Median renter household income	$41,053	$52,784	+28.6%
Renters paying 30%+ of income	44.4%	40.9%	−3.5 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 $1,080 to $2,480 depending on the ZIP code.

All 19 ZIP codes in this FMR area

ZIP	0 BR	1 BR	2 BR	3 BR	4 BR
76020	$1,320	$1,340	$1,580	$2,070	$2,590
76023	$830	$860	$1,080	$1,490	$1,800
76052	$2,070	$2,100	$2,480	$3,230	$4,060
76071	$950	$960	$1,230	$1,700	$2,030
76073	$910	$910	$1,190	$1,650	$1,960
76078	$1,190	$1,200	$1,550	$2,120	$2,540
76082	$1,240	$1,260	$1,490	$1,960	$2,450
76225	$830	$830	$1,090	$1,510	$1,820
76234	$890	$890	$1,160	$1,610	$1,910
76246	$880	$890	$1,160	$1,610	$1,910
76247	$1,990	$2,050	$2,410	$3,030	$3,850
76249	$1,610	$1,660	$1,950	$2,450	$3,120
76259	$1,310	$1,350	$1,590	$2,000	$2,540
76267	$890	$890	$1,160	$1,610	$1,910
76270	$860	$910	$1,130	$1,560	$1,820
76426	$880	$890	$1,150	$1,600	$1,890
76431	$870	$870	$1,140	$1,580	$1,880
76458	$830	$930	$1,090	$1,510	$1,820
76487	$1,700	$1,740	$2,090	$2,790	$3,430

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

HUD income limits for Wise County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $112,300 (FY2025: $110,600, +1.5%). 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%)	$23,600 +6.3%	$27,000 +6.3%	$30,350 +6.3%	$33,700 +4.8%	$38,680 +2.7%	$44,360 +2.8%	$50,040 +2.9%	$55,720 +2.9%
Very low income (50%)	$39,350 +6.5%	$44,950 +6.4%	$50,550 +6.3%	$56,150 +6.2%	$60,650 +6.2%	$65,150 +6.3%	$69,650 +6.3%	$74,150 +6.3%
Low income (80%)	$62,900 +6.3%	$71,900 +6.4%	$80,900 +6.4%	$89,850 +6.3%	$97,050 +6.3%	$104,250 +6.3%	$111,450 +6.3%	$118,650 +6.4%

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.