Section 8 Fair Market Rent (FMR) for ZIP 75476 - 2027

Location: Fannin County, TX | Metro: Fannin County, TX

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$760
1 Bedroom	$830
2 Bedrooms	$1,090
3 Bedrooms	$1,510
4 Bedrooms	$1,820
5 Bedrooms	$2,111
6 Bedrooms	$2,364
7 Bedrooms	$2,553
8 Bedrooms	$2,681

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,111

Median Household Income

$57,697

Housing Units

578

Renter Percentage

7.4%

Occupancy Rate

96.4%

Renter Occupied

The ZIP code 75476, located in the Dallas-Fort Worth metroplex, offers a unique blend of suburban living with easy access to urban amenities. This area is particularly attractive for real estate investors interested in the Section 8 housing market due to its strategic location and demographic characteristics.

The Fair Market Rent (FMR) for ZIP 75476 is set at $970 for fiscal year 2026, indicating the average rental price that a household earning the median income can afford without paying more than 30% of their income on housing.
While specific data on market rents for ZIP 75476 is currently unavailable, the FMR provides a reliable benchmark for the rental prices in the area.
The median home value in this ZIP code stands at $379,662, reflecting a stable housing market where property values are likely to remain consistent.
Renters make up 7.4% of the housing market in ZIP 75476, suggesting a relatively low demand for rental properties compared to owner-occupied homes.
The median income for residents in ZIP 75476 is $57,697, which aligns closely with the national average and supports a steady demand for affordable housing options.

Investors should consider the FMR as a key indicator for setting competitive rental prices that attract Section 8 tenants. Despite the lack of precise market rent data, the FMR of $970 suggests a reasonable pricing strategy. The median home value of $379,662 indicates a solid investment base, while the lower renter share of 7.4% implies that rental properties may need to be marketed effectively to stand out in a predominantly homeowner market. Given the median income, there is potential for a stable tenant pool who can reliably meet the requirements of the Section 8 program. Overall, ZIP 75476 presents a balanced opportunity for real estate investment, especially for those willing to tailor their offerings to the needs of Section 8 participants.

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.