Location: Fannin County, TX | Metro: Fannin County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $780 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,120 |
| 3 Bedrooms | $1,550 |
| 4 Bedrooms | $1,870 |
| 5 Bedrooms | $2,169 |
| 6 Bedrooms | $2,429 |
| 7 Bedrooms | $2,623 |
| 8 Bedrooms | $2,754 |
U.S. Census Bureau data (2024)
The market in ZIP code 75439 is in a state of flux, driven by the interplay between federal guidelines and local rental conditions. The Fair Market Rent (FMR) set at $1,020 for the fiscal year 2026 reflects the government's benchmark for what is considered affordable for low-income families. In contrast, the actual market rent stands at $1,078, as reported by the Census ACS, indicating that rents are already slightly above the FMR, suggesting a scenario where demand may be keeping pace with or slightly exceeding supply.
The median home value of $249,917 provides insight into the overall affordability of homeownership in the area. While this figure doesn't directly indicate whether supply outpaces demand, it can be used to gauge the financial capability of potential homeowners relative to renters. A higher median home value might imply that fewer residents can afford to purchase homes, thus potentially increasing the reliance on rentals.
A noteworthy statistic is the 31.6% share of renters in the area. This high percentage suggests significant long-term housing pressure, as a substantial portion of the population opts for renting over purchasing. Such a dynamic often points to an environment where rental properties are critical to meeting the needs of the community. Landlords and small-portfolio investors should consider this a strong indicator of the enduring relevance of rental units in ZIP 75439.
The absence of data on price-cut shares and days on market (DOM) limits a comprehensive analysis of the current supply-demand balance. However, given the slight premium of market rent over the FMR and the high renter share, it is reasonable to infer that the demand for rental properties is robust, and landlords who maintain competitive pricing could see steady occupancy rates.
In conclusion, ZIP 75439 presents a market where the demand for rental properties is likely strong, supported by the high percentage of renters and the proximity of market rents to the FMR. For investors, understanding these dynamics is crucial for making informed decisions about property investments in this area.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
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.