Location: Hopkins County, TX | Metro: Hopkins County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,010 |
| 1 Bedroom | $1,020 |
| 2 Bedrooms | $1,210 |
| 3 Bedrooms | $1,610 |
| 4 Bedrooms | $1,620 |
| 5 Bedrooms | $1,879 |
| 6 Bedrooms | $2,104 |
| 7 Bedrooms | $2,272 |
| 8 Bedrooms | $2,386 |
The ZIP code 75483, located within the Hopkins County, TX metro area, presents an interesting case study for real-estate analysis, particularly for those interested in Section 8 housing. The Fair Market Rent (FMR) for ZIP 75483 is set at $1,120 for fiscal year 2026. This figure is critical for landlords and small-portfolio investors as it defines the maximum rent that can be charged for Section 8 units.
However, the market rent, home value, and percentage of renters in ZIP 75483 are currently not available. To provide context, let's consider the typical characteristics of ZIP codes within Hopkins County, TX. Generally, ZIP codes in this county have lower median home values and rents compared to larger urban areas. This suggests that ZIP 75483 could be part of a value pocket within its metro, given the relatively low FMR compared to more expensive markets.
The absence of specific data on market rent and home values means we cannot directly compare these metrics against the county average. However, the known FMR of $1,120 provides a benchmark for potential rental income in Section 8 properties. Landlords should note that while this represents the maximum allowable rent under the program, actual rents may vary based on individual property conditions and tenant subsidies.
The lack of data on the renter share percentage in ZIP 75483 prevents us from making a definitive statement about its attractiveness for Section 8 investment. Typically, a high renter share with below-average home values would indicate a sweet spot for Section 8 properties, but without this information, we must rely on the FMR alone to gauge the potential.
In conclusion, ZIP 75483 appears to be a value pocket within the Hopkins County, TX metro, given the low FMR. While we cannot definitively classify it as a mid-tier or premium sub-market due to the missing data points, the known figures suggest it offers opportunities for landlords and small-portfolio investors looking for stable, government-backed rental income. Further investigation into the local market dynamics and the availability of Section 8 vouchers would provide additional clarity on the investment potential of this ZIP code.
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.