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

The HUD Fair Market Rent for a 2-bedroom unit in Lubbock, TX HUD Metro FMR Area is $1,175 per month for fiscal year 2026. The studio FMR is $818, 1-bedroom is $990, 3-bedroom is $1,634, and 4-bedroom is $1,940.

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

Using the standard 30%-of-income affordability rule, a household would need to earn about $47,000 per year ($3,917 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,175 in Lubbock, TX HUD Metro FMR Area.

FY2026 Fair Market Rents — Lubbock, TX HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio

$818

1BR

$990

2BR

$1,175

3BR

$1,634

4BR

$1,940

Hours/week at min wage

125 hrs

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

YoY change (2BR)

-1.4%

$17 vs FY2025 · 5-yr +31.1%

Voucher payment standard

$1,058–$1,293

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

Lubbock, TX HUD Metro FMR Area

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

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$818	$9,816
1-Bedroom	$990	$11,880
2-Bedroom	$1,175	$14,100
3-Bedroom	$1,634	$19,608
4-Bedroom	$1,940	$23,280

Recent 2-Bedroom FMR Trend

FY2020 $858 → FY2026 $1,175

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$818	$990	$1,175	$1,634	$1,940
FY2025	$832	$1,007	$1,192	$1,658	$1,947
FY2024	$778	$931	$1,113	$1,551	$1,829
FY2023	$726	$838	$1,017	$1,425	$1,672
FY2022	$670	$773	$951	$1,348	$1,618
FY2021	$637	$733	$896	$1,282	$1,551
FY2020	$613	$708	$858	$1,238	$1,506

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $90,900

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$18,850	$21,640	$27,320	$33,000	$38,680	$44,360
50% AMI (Very Low)	$31,400	$35,850	$40,350	$44,800	$48,400	$52,000
80% AMI (Low)	$50,200	$57,400	$64,550	$71,700	$77,450	$83,200

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$14,100/yr

FMR as % of Area Median Income

15.5% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$47,000/yr

$3,917/mo gross income

FY2026 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	$795	$909	$1,022	$1,227	$1,318
60% AMI Maximum	$954	$1,090	$1,227	$1,472	$1,581

FY2026 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	$818	$990	$1,175	$1,477	$1,477
Low HOME Rent	$785	$896	$1,008	$1,120	$1,210

Compare Lubbock, 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