Section 8 Fair Market Rent (FMR) for ZIP 75475 - 2027
Location: Fannin County, TX | Metro: Fannin County, TX
FY 2027 Fair Market Rent Rates
| Unit Size |
Monthly FMR |
| Studio | $910 |
| 1 Bedroom | $990 |
| 2 Bedrooms | $1,280 |
| 3 Bedrooms | $1,780 |
| 4 Bedrooms | $2,120 |
| 5 Bedrooms | $2,459 |
| 6 Bedrooms | $2,754 |
| 7 Bedrooms | $2,974 |
| 8 Bedrooms | $3,123 |
Demographics & Housing Statistics
U.S. Census Bureau data (2024)
Median Household Income
$N/A
To determine if you should invest in ZIP code 75475 for Section 8 properties, follow this decision tree:
- 1) Does FMR $1,160 (metro FY 2026) cover the debt service on a property?
- If the debt service on a property in ZIP 75475 exceeds $1,160 per month, then the answer is No. The Fair Market Rent (FMR) does not sufficiently cover the costs, making it unprofitable.
- If the debt service is less than or equal to $1,160 per month, proceed to the next question.
- 2) Is the market rent above, at, or below FMR?
- If market rent is above $1,160, the answer is No. Investors seeking Section 8 tenants would be unable to compete with higher market rents, leading to low demand for their properties.
- If market rent is at or below $1,160, proceed to the next question.
- 3) Are the rental demographics sufficient for demand?
- If 0.0% of renters are participating in the Section 8 program, regardless of the days on market (DOM), the answer is No. There is insufficient demand from eligible Section 8 tenants to sustain an investment in this area.
- If there were specific percentages of renters participating in Section 8 and a certain DOM figure was given, but they were N/A, then the answer would depend on additional data. However, since these details are not available, we cannot make a definitive judgment on demand.
Note: Due to missing data points such as the exact market rent and percentage of renters using Section 8, some branches of the decision tree cannot be fully resolved. To make an informed decision, gather complete information regarding these aspects.
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.