Location: Harrison 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 | $1,130 |
| 1 Bedroom | $1,150 |
| 2 Bedrooms | $1,380 |
| 3 Bedrooms | $1,770 |
| 4 Bedrooms | $1,900 |
| 5 Bedrooms | $2,204 |
| 6 Bedrooms | $2,468 |
| 7 Bedrooms | $2,665 |
| 8 Bedrooms | $2,798 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,380 | $220,404 | 0.63% | D |
| 3BR | $1,770 | $274,444 | 0.64% | D |
| 4BR | $1,900 | $431,265 | 0.44% | F |
| 5BR | $2,204 | $688,522 | 0.32% | F |
U.S. Census Bureau data (2024)
The analysis of ZIP 75605, located in Longview, TX, within the Harrison County, TX HUD Metro FMR Area, reveals several key points for landlords and small-portfolio investors.
The rent math does not align perfectly but shows potential. The Fair Market Rent (FMR) set at $1,210 for the fiscal year 2024 is higher than the market rent, which stands at $1,124 (ZORI). This suggests that while landlords can aim for slightly above-market rents, they should be cautious not to exceed the FMR threshold significantly to remain competitive.
Acquisition appears affordable given the $286,749 median home value. With a relatively low Days on Market (DOM) of 56 days and a minor 0.2% price-cut share, it indicates that homes in this area sell quickly without needing substantial price reductions. This bodes well for investors looking to enter the market swiftly and efficiently.
Tenant demand is strong, supported by the area's population of 35,417 and a significant 41.6% renter share. These figures suggest a robust pool of potential tenants, making it easier for landlords to maintain occupancy rates and manage their properties effectively.
Verdict: ZIP 75605 presents a viable investment opportunity for landlords and small-portfolio investors. Although the FMR is marginally higher than the market rent, the affordability of acquisitions and strong tenant demand make the area attractive. Investors can leverage the quick sale times and minimal price adjustments to secure properties, while the high renter share ensures a steady stream of tenants willing to pay market rates. This combination offers a solid foundation for generating consistent rental income and achieving property management goals.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.