Section 8 Fair Market Rent (FMR) for ZIP 75558 - 2027

Location: Titus County, TX | Metro: Morris County, TX

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$820
1 Bedroom	$860
2 Bedrooms	$1,040
3 Bedrooms	$1,370
4 Bedrooms	$1,470
5 Bedrooms	$1,705
6 Bedrooms	$1,910
7 Bedrooms	$2,063
8 Bedrooms	$2,166

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

2,126

Median Household Income

$93,125

Housing Units

840

Renter Percentage

3.5%

Occupancy Rate

94.5%

Renter Occupied

The ZIP code 75558, located in the heart of Collin County, Texas, offers a unique blend of suburban tranquility and urban convenience. Nestled near major metropolitan areas, it benefits from strong economic ties while maintaining a residential charm that attracts both homeowners and renters.

The Fair Market Rent (FMR) for the metro area including ZIP 75558 is set at $970 for fiscal year 2026, providing a benchmark for rental pricing in the region.
The median home value in the area is $278,032, reflecting a mix of affordable and mid-range housing options.
Renters make up only 3.5% of the local population, indicating a predominantly owner-occupied market.
The median income of residents in ZIP 75558 stands at $93,125, suggesting a relatively affluent community capable of supporting higher rents or property values.
Due to limited data, the exact days on market (DOM) for rentals cannot be specified, but the low renter share implies competition among available units.
The lack of a specific figure for market rent suggests variability, but the FMR can serve as a guideline for setting competitive rental prices.

Investors looking to enter the ZIP 75558 market should focus on properties that cater to owner-occupiers given the high percentage of homeowners. While the median income supports higher pricing, the relatively low median home value presents opportunities for both purchase and rental investments. The scarcity of rental data indicates a niche market, where understanding local dynamics and leveraging the FMR can guide successful investment strategies. Overall, the area's proximity to economic hubs and its affluent demographic make it a promising location for real estate investments, particularly in single-family homes.

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.