Location: Marion County, TX | Metro: Cass County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,340 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
U.S. Census Bureau data (2024)
The ZIP code 75630 stands out due to its unique mix of relatively low rental rates and a modest median income, alongside a higher-than-average median home value. With 2,452 residents, only 13.2% of whom are renters, it indicates a predominantly owner-occupied community. The median income here is $49,677, which is indicative of middle-class living standards. However, the median home value of $147,845 suggests that homeownership is more affordable compared to other areas with similar incomes.
Turning to the economics of Section 8 vouchers, the Fair Market Rent (FMR) for ZIP 75630 in fiscal year 2026 is set at $970. This contrasts with the current market rent of $865, as reported by the Census Bureau's American Community Survey (ACS). Landlords should be aware that accepting a Section 8 voucher means they will receive a payment closer to the FMR rather than the lower market rate. This can be a significant consideration when deciding whether to participate in the program, especially since the difference between the FMR and the market rate is substantial at $105 per month.
Given the data signature of ZIP 75630, it appears to be a stable area. The relatively low percentage of renters suggests that there is a strong preference for homeownership among residents, which can contribute to long-term stability. Additionally, the gap between the FMR and the market rent provides an incentive for landlords to accept vouchers, potentially increasing their pool of tenants without facing significant financial loss. For small-portfolio investors, this ZIP code offers a balanced environment where both market rents and voucher payments are manageable and align well with the local economic conditions.
To summarize, ZIP 75630 presents a stable investment opportunity for landlords and small-portfolio investors. The combination of a modest median income, affordable median home values, and a favorable gap between FMR and market rent makes it an attractive area for those considering the Section 8 program. The data points clearly indicate that this ZIP code is well-suited for landlords who want to ensure steady cash flow while providing affordable housing options.
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.