Section 8 Fair Market Rent (FMR) for ZIP 74444 - 2027

FY 2027 Fair Market Rent Rates

The analysis of ZIP code 74444 reveals several key points that landlords and small-portfolio investors should consider before investing in this area.

Firstly, regarding the rent math, the Fair Market Rent (FMR) for the area is set at $950 per month for fiscal year 2026. However, without specific data on the current market rent, it's challenging to definitively state whether the rent math works. Landlords should aim to keep rents close to the FMR to ensure they are competitive and fair to tenants.

Secondly, the acquisition affordability in ZIP 74444 cannot be accurately assessed due to the lack of information on the median home value, days on market (DOM), and the percentage of homes that require a price cut. These metrics are crucial for understanding how easy or difficult it is to acquire properties in the area and at what cost.

Lastly, the tenant demand in ZIP 74444 is also unclear given the absence of data on the population size and the percentage of residents who are renters. This information would provide insight into the number of potential tenants and the likelihood of finding renters willing to pay the set FMR.

Verdict: The analysis of ZIP 74444 is limited by the lack of detailed data. While the Fair Market Rent provides a benchmark for rental pricing at $950 per month, without further specifics on market rent, median home values, DOM, price-cut percentages, and demographic details, it is impossible to make a confident recommendation on investment opportunities. Landlords and investors should seek out comprehensive local real estate and demographic reports to make informed decisions.

Data Sources: FMR data from HUD (2027).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.