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

The HUD Fair Market Rent for a 2-bedroom unit in Hood County, TX HUD Metro FMR Area is $1,107 per month for fiscal year 2021. The studio FMR is $907, 1-bedroom is $927, 3-bedroom is $1,377, and 4-bedroom is $1,686.

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

Using the standard 30%-of-income affordability rule, a household would need to earn about $44,280 per year ($3,690 per month) to afford the FY2021 2-bedroom Fair Market Rent of $1,107 in Hood County, TX HUD Metro FMR Area.

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

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

Studio

$907

1BR

$927

2BR

$1,107

3BR

$1,377

4BR

$1,686

Hours/week at min wage

118 hrs

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

National rank

#154

of 632 U.S. metros (top 25% most expensive)

YoY change (2BR)

+3.2%

+$34 vs FY2020

Voucher payment standard

$996–$1,218

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

Hood 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)	$907	$10,884
1-Bedroom	$927	$11,124
2-Bedroom	$1,107	$13,284
3-Bedroom	$1,377	$16,524
4-Bedroom	$1,686	$20,232

Recent 2-Bedroom FMR Trend

FY2017 $881 → FY2021 $1,107

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2021	$907	$927	$1,107	$1,377	$1,686
FY2020	$777	$904	$1,073	$1,357	$1,696
FY2019	$688	$814	$983	$1,326	$1,651
FY2018	$642	$758	$936	$1,308	$1,612
FY2017	$596	$663	$881	$1,195	$1,552

View full FMR history back to FY2000 →

FY2021 Income Limits

Area Median Income (AMI): $76,200

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$16,000	$18,300	$21,960	$26,500	$31,040	$35,580
50% AMI (Very Low)	$26,700	$30,500	$34,300	$38,100	$41,150	$44,200
80% AMI (Low)	$42,700	$48,800	$54,900	$60,950	$65,850	$70,750

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$13,284/yr

FMR as % of Area Median Income

17.4% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$44,280/yr

$3,690/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	$666	$762	$857	$1,028	$1,104
60% AMI Maximum	$800	$914	$1,028	$1,234	$1,325

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	$907	$927	$1,107	$1,238	$1,238
Low HOME Rent	$667	$762	$857	$952	$1,028

Compare Hood 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