Panola County, TX

2024 Fair Market Rents

Tags: 2024 Texas

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 four largest cities in Panola County are Carthage, Henderson, Timpson, and Joaquin. 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 Panola County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Panola 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 Panola County compare?

Panola County ($959) has a 12.3% lower FMR for 2-Bedroom housing than the average of Texas ($1,093) and therefore has a lower gross rent.

Panola County is rank 173rd out of 254 counties. This means the FMRs, or in other words, the gross rent is lower than 172 other counties. Panola County is the 82nd cheapest county in terms of FMRs.

Rent Tables Panola County, TX

Fair Market Rent (40th Percentile)

$725
studio
$730
1-Bedroom
$959
2-Bedroom
$1,189
3-Bedroom
$1,365
4-Bedroom

Median Rent (50th Percentile)

$776
studio
$782
1-Bedroom
$1,027
2-Bedroom
$1,274
3-Bedroom
$1,461
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
75639 $800 $840 $1,100 $1,330 $1,490
75633 $760 $770 $1,010 $1,280 $1,420
75652 $760 $760 $1,000 $1,270 $1,410
75669 $700 $710 $930 $1,180 $1,300
75975 $680 $690 $910 $1,150 $1,270
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
75639 $720 $756 $990 $1,197 $1,341
75633 $684 $693 $909 $1,152 $1,278
75652 $684 $684 $900 $1,143 $1,269
75669 $630 $639 $837 $1,062 $1,170
75975 $612 $621 $819 $1,035 $1,143
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
75639 $880 $924 $1,210 $1,463 $1,639
75633 $836 $847 $1,111 $1,408 $1,562
75652 $836 $836 $1,100 $1,397 $1,551
75669 $770 $781 $1,023 $1,298 $1,430
75975 $748 $759 $1,001 $1,265 $1,397

Fair Market Rents on this page apply to the following cities in Panola County, Texas: Carthage, Henderson, Timpson, Joaquin, Tenaha, De Berry, Beckville, Gary, Clayton, Long Branch, and Panola.

These Fair Market Rents also apply to the following ZIP codes in Panola County, Texas: 75633, 75652, 75975, 75954, 75974, 75639, 75631, 75643, 75637, 75669, and 75685.

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