Lynn County, TX

2024 Fair Market Rents

Tags: 2024 Lynn County, TX HUD Metro FMR Area

Return to the state page to see where Texas ranks nationally and to view information on other counties. Click on the map to view a different county.

The top one largest cities in Lynn County are New Home. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Lynn County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Lynn County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Lynn County compare?

Lynn County ($905) has a 17.2% lower FMR for 2-Bedroom housing than the average of Texas ($1,093) and therefore has a lower gross rent.

Lynn County is rank 201st out of 254 counties. This means the FMRs, or in other words, the gross rent is lower than 200 other counties. Lynn County is the 54th cheapest county in terms of FMRs.

Rent Tables Lynn County, TX

Fair Market Rent (40th Percentile)

$633
studio
$758
1-Bedroom
$905
2-Bedroom
$1,264
3-Bedroom
$1,462
4-Bedroom

Median Rent (50th Percentile)

$825
studio
$987
1-Bedroom
$1,179
2-Bedroom
$1,647
3-Bedroom
$1,904
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
79383 $640 $760 $910 $1,270 $1,470
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
79383 $576 $684 $819 $1,143 $1,323
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
79383 $704 $836 $1,001 $1,397 $1,617

Fair Market Rents on this page apply to the following city in Lynn County, Texas: New Home.

These Fair Market Rents also apply to the following ZIP code in Lynn County, Texas: 79383.

Lynn County, TX is considered part of the following metro FMR area: LYNN COUNTY, TX HUD METRO FMR AREA.

More on Lynn County, TX

Citation

Link to this Page:

Questions or Comments? Contact us

Data Source

HUD Seal

Fair Market Rents are published by the Department of Housing And Urban Development.