Texas · HUD FY2026 Fair Market Rents · Updated

Rent in Mission, TX

HUD puts rent for a two-bedroom in Mission, TX at $1,060 a month for 2026, and a one-bedroom at $847. Keeping the two-bedroom under 30% of income takes $20.38 an hour full time, or $42,400 a year. The typical household there would spend 20.9% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,017 (down 4.1%).

Rent in Mission, TX at a glance

2-bedroom rent (HUD)

$1,060$12,720 a year · HUD fiscal year 2026From October 1, 2026: $1,017 (−4.1%)
Studio$842$16/hr needed
1 bedroom$847$16/hr needed
Wage a 2-bedroom takes$20.38an hour, 40 hours a week
3 bedrooms$1,376$26/hr needed

How much rent can you afford in Mission, 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$1,060Monthly market rent
Share of gross income20.9%Recommended max: 30%
Annual income needed$42,400To meet the 30% standard
Max affordable rent$1,519At 30% of $60,767
0%30% (Affordability standard)100%
Compare against:

Rent in Mission, 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 Mission, TX, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$842$10,104$33,680$16.19/hr
1 bedroom$847$10,164$33,880$16.29/hr
2 bedroomsMost searched$1,060$12,720$42,400$20.38/hr
3 bedrooms$1,376$16,512$55,040$26.46/hr
4 bedrooms$1,522$18,264$60,880$29.27/hr

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

Rent in Mission, TX: common questions

How much is rent going down in Mission, TX in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,017 for a two-bedroom, down 4.1% from $1,060. A one-bedroom goes from $847 to $806, a studio from $842 to $801.

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 Mission, TX?

HUD's Fair Market Rent for 2026 is $847 for a one-bedroom and $1,060 for a two-bedroom, utilities included. That is $12,720 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 Mission, TX?

To keep a $1,060 two-bedroom at 30% of gross pay, one full-time worker needs $20.38 an hour, or $42,400 a year. A one-bedroom at $847 takes $16.29 an hour.

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

At HUD's 2026 Fair Market Rent: studio $842, one bedroom $847, two $1,060, three $1,376 and four $1,522 a month.

Is rent affordable in Mission, TX?

For the typical household, earning $60,767 a year ($5,064 a month, Census ACS), a two-bedroom at $1,060 takes 20.9% 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: ($1,060 × 12) ÷ 0.30 = $42,400. Divided by 2,080 working hours, that is $20.38 an hour.