Texas · HUD FY2026 Fair Market Rents · Updated

Rent in Franklin County, TX

HUD puts rent for a two-bedroom in Franklin County, TX at $1,107 a month for 2026, and a one-bedroom at $885. Keeping the two-bedroom under 30% of income takes $21.29 an hour full time, or $44,280 a year. The typical household there would spend 18.4% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,151 (up 4%).

Rent in Franklin County, TX at a glance

2-bedroom rent (HUD)

$1,107$13,284 a year · HUD fiscal year 2026From October 1, 2026: $1,151 (+4%)
Studio$861$17/hr needed
1 bedroom$885$17/hr needed
Wage a 2-bedroom takes$21.29an hour, 40 hours a week
3 bedrooms$1,327$26/hr needed

How much rent can you afford in Franklin County, TX?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,107Monthly market rent
Share of gross income18.4%Recommended max: 30%
Annual income needed$44,280To meet the 30% standard
Max affordable rent$1,809At 30% of $72,360
0%30% (Affordability standard)100%
Compare against:

Rent in Franklin County, TX by bedroom, and the pay it takes

Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.

HUD Fair Market Rent in Franklin County, TX, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$861$10,332$34,440$16.56/hr
1 bedroom$885$10,620$35,400$17.02/hr
2 bedroomsMost searched$1,107$13,284$44,280$21.29/hr
3 bedrooms$1,327$15,924$53,080$25.52/hr
4 bedrooms$1,629$19,548$65,160$31.33/hr

Cost of living in Franklin County, TX: income, prices and a budget →

Rent in Franklin County, TX: common questions

How much is rent going up in Franklin County, TX in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,151 for a two-bedroom, up 4% from $1,107. A one-bedroom goes from $885 to $916, a studio from $861 to $875.

These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.

What is the average rent in Franklin County, TX?

HUD's Fair Market Rent for 2026 is $885 for a one-bedroom and $1,107 for a two-bedroom, utilities included. That is $13,284 a year for the two-bedroom.

It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.

How much do you need to make to afford rent in Franklin County, TX?

To keep a $1,107 two-bedroom at 30% of gross pay, one full-time worker needs $21.29 an hour, or $44,280 a year. A one-bedroom at $885 takes $17.02 an hour.

How much is a 1, 2 or 3-bedroom apartment in Franklin County, TX?

At HUD's 2026 Fair Market Rent: studio $861, one bedroom $885, two $1,107, three $1,327 and four $1,629 a month.

Is rent affordable in Franklin County, TX?

For the typical household, earning $72,360 a year ($6,030 a month, Census ACS), a two-bedroom at $1,107 takes 18.4% of income. Under 30% is the usual line for affordable; this is under it.

How is the income needed for rent worked out?

Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,107 × 12) ÷ 0.30 = $44,280. Divided by 2,080 working hours, that is $21.29 an hour.