Section 8 Fair Market Rent (FMR) for ZIP 75550 - 2027

Location: Red River County, TX | Metro: Red River County, TX

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$740
1 Bedroom	$820
2 Bedrooms	$1,020
3 Bedrooms	$1,380
4 Bedrooms	$1,620
5 Bedrooms	$1,879
6 Bedrooms	$2,104
7 Bedrooms	$2,272
8 Bedrooms	$2,386

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

561

Median Household Income

$61,875

Housing Units

316

Renter Percentage

30.1%

Occupancy Rate

71.5%

Renter Occupied

The ZIP code 75550, located in Annona, Texas, represents a unique market characterized by modest home values and a significant portion of renters. Here's a concise overview based on recent data:

Fair Market Rent (FMR): The Fair Market Rent for a two-bedroom apartment in the metro area for fiscal year 2026 is set at $970.
Market Rent: According to the latest Census American Community Survey (ACS), the average market rent in 75550 is $517.
Renter Share: Approximately 30.1% of residents in 75550 are renters, indicating a steady demand for rental properties.
Median Home Value: The median home value is not available, which suggests that the majority of transactions may be concentrated in lower-value properties.
Days on Market (DOM): The days on market for listings is not available, but it's worth noting that the housing market in 75550 has been experiencing changes in value, with some fluctuations observed.
Median Income: The median income in 75550 is $61,875, providing insight into the financial capacity of potential tenants or buyers.

The data points indicate that while the median home value is not readily available, the significant share of renters and relatively low market rents suggest that 75550 is a market where rental properties could be particularly attractive. Landlords and small-portfolio investors should focus on properties that align with the Fair Market Rent standards to ensure competitiveness and profitability. Additionally, the median income provides a benchmark for assessing the affordability of rents in the 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.