Location: Wood County, TX | Metro: Longview, TX HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $910 |
| 1 Bedroom | $920 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,450 |
| 4 Bedrooms | $1,550 |
| 5 Bedrooms | $1,798 |
| 6 Bedrooms | $2,014 |
| 7 Bedrooms | $2,175 |
| 8 Bedrooms | $2,284 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,100 | $184,902 | 0.59% | F |
| 3BR | $1,450 | $270,306 | 0.54% | F |
| 4BR | $1,550 | $400,788 | 0.39% | F |
U.S. Census Bureau data (2024)
The ZIP code 75494, located in Winnsboro, TX, presents a market characterized by modest rental values and a relatively low proportion of homes on sale being discounted. The Fair Market Rent (FMR) for the area stands at $1050 for fiscal year 2024, while the market rent, as reported by the Census American Community Survey (ACS), is $839. This indicates that the rental market is slightly below the federal benchmark, suggesting a stable but not highly competitive environment for tenants.
The median home value in the region is $269,292, which, when considered alongside the FMR and market rent, points towards a housing market where supply is balanced but not overwhelming demand. The fact that only 0.2% of the listings are currently experiencing price cuts implies that homeowners are generally not feeling pressured to reduce their asking prices, which could suggest a market where demand is keeping pace with supply.
A noteworthy figure is the 21.8% share of renters in the population. This percentage is indicative of a community where a significant portion of residents choose or need to rent rather than own property. Over the long term, this dynamic can exert upward pressure on rents due to the consistent demand from renters. Landlords and small-portfolio investors should be aware of this trend as it may influence future rental rates and the desirability of rental properties over those for sale.
In summary, ZIP 75494 appears to be a market where neither supply nor demand is significantly outpacing the other. The rental market is steady, and the homeowner's market shows little sign of distress. However, the substantial renter population suggests an ongoing need for rental units, which could provide a reliable stream of income for those willing to invest in the area.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.