Section 8 Fair Market Rent (FMR) for ZIP 75049 - 2027

FY 2027 Fair Market Rent Rates

The ZIP code 75049, located in Texas, offers a unique blend of suburban living with easy access to urban amenities. This area is characterized by its diverse housing options and a mix of residential and commercial developments, making it an attractive location for both residents and investors.

• The Fair Market Rent (FMR) for ZIP 75049 in fiscal year 2024 is set at $1680, which reflects the average rental price for a two-bedroom apartment and serves as a benchmark for affordable housing.
• Market rent data for the area is currently unavailable, suggesting that there might be limited recent studies on the rental market trends in ZIP 75049.
• The median home value in ZIP 75049 is also not available, indicating that the area may have a varied housing stock with different types of properties.
• The percentage of the population that rents their homes is unknown, but this figure is crucial for understanding the demand for rental properties in the area.
• The Days on Market (DOM) data is not available, which would typically indicate how quickly properties are selling or renting in the area.
• The median household income for ZIP 75049 is currently not reported, which is important for assessing the financial stability and spending power of the local residents.

Despite the lack of comprehensive market rent and other key metrics, the Fair Market Rent at $1680 provides a foundational understanding of what tenants can afford in ZIP 75049. Landlords and small-portfolio investors should focus on properties that align with this affordability threshold while considering the potential for growth in areas such as median home value and renter share as more data becomes available. The absence of detailed income and DOM figures suggests a need for further research to make fully informed investment 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.