What is the Fair Market Rent for a 2-bedroom in Newton County, TX HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Newton County, TX HUD Metro FMR Area is $734 per month for fiscal year 2021. The studio FMR is $553, 1-bedroom is $592, 3-bedroom is $1,004, and 4-bedroom is $1,007.

What income do you need to afford the FMR in Newton County, TX HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $29,360 per year ($2,447 per month) to afford the FY2021 2-bedroom Fair Market Rent of $734 in Newton County, TX HUD Metro FMR Area.

FY2021 Fair Market Rents — Newton County, TX HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2021 in this area are:

Studio

$553

1BR

$592

2BR

$734

3BR

$1,004

4BR

$1,007

Hours/week at min wage

78 hrs

to afford the 2BR FMR @ $7.25/hr (federal)

National rank

#529

of 632 U.S. metros (top 85% most expensive)

YoY change (2BR)

+2.8%

+$20 vs FY2020

Voucher payment standard

$661–$807

PHAs set HCV payment at 90–110% of the 2BR FMR

Newton County, TX HUD Metro FMR Area

Metropolitan area · TX · View full history · Income limits · LIHTC rents

FY2021 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$553	$6,636
1-Bedroom	$592	$7,104
2-Bedroom	$734	$8,808
3-Bedroom	$1,004	$12,048
4-Bedroom	$1,007	$12,084

Recent 2-Bedroom FMR Trend

FY2017 $681 → FY2021 $734

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2021	$553	$592	$734	$1,004	$1,007
FY2020	$521	$575	$714	$979	$982
FY2019	$494	$568	$700	$987	$991
FY2018	$470	$571	$697	$975	$979
FY2017	$450	$560	$681	$959	$962

View full FMR history back to FY2000 →

FY2021 Income Limits

Area Median Income (AMI): $53,600

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$12,880	$17,420	$21,960	$26,500	$31,040	$35,350
50% AMI (Very Low)	$21,350	$24,400	$27,450	$30,450	$32,900	$35,350
80% AMI (Low)	$34,100	$39,000	$43,850	$48,700	$52,600	$56,500

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$8,808/yr

FMR as % of Area Median Income

16.4% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$29,360/yr

$2,447/mo gross income

FY2021 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band	Studio	1BR	2BR	3BR	4BR
50% AMI Maximum	$469	$536	$603	$723	$777
60% AMI Maximum	$562	$643	$723	$868	$932

FY2021 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type	Studio	1BR	2BR	3BR	4BR
High HOME Rent	$553	$592	$734	$871	$871
Low HOME Rent	$533	$610	$686	$761	$822

Compare Newton County, TX HUD Metro FMR Area With Other TX Metros

vs. Abilene, TX MSA vs. Amarillo, TX HUD Metro FMR Area vs. Aransas County, TX HUD Metro FMR Area vs. Atascosa County, TX HUD Metro FMR Area vs. Austin County, TX HUD Metro FMR Area