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RentData.org Logo Milam County Fair Market Rent FY 2024 Milam County, TX Rental Data

Fair Market Rent Prices in Milam County, TX :
$735 $794 $944 $1,185 $1,513
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Non-Metro

Fair Market Rent prices in Milam County are average compared to the national average. This FMR area is more expensive than 61% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Milam County is $944 per month.

The previous year, rent for a two-bedroom home was $826 per month. This is a 14.29% increase year-over-year.

This FMR rate applies to Davilla, TX, Gause, TX, Buckholts, TX, Milano, TX, Granger, TX, Thorndale, TX, Cameron, TX, Rockdale, TX and other cities within the region. The Metro Code or CBSA code for this region is NCNTY48331N48331.

Additionally, This Fair Market Rent (FMR) area Milam County, TX spans one county or city in Texas which is listed in the table below. Estimated population of Milam County, TX FMR area is 24,797 people based on latest Census data.

Compared to the rest of Texas, the Milam County FMR area is less expensive than 64% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Milam County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Milam County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 803
1-BR 1-Bedroom $ 868
2-BR 2-Bedroom $ 1032
3-BR 3-Bedroom $ 1295
4-BR 4-Bedroom $ 1654
Change Year:

There is just one county (listed below) within the Milam County, TX FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Waco - Temple - Bryan and Austin.

County / Region Est. Population
Milam County, TX 24,797
Zip Codes in Milam County, TX

There are 8 unique zip codes in this Fair Market Rent (FMR) area:

76518, 76520, 76523, 76530, 76556, 76567, 76577 and 77857

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