Location: Harrison County, TX | Metro: Harrison County, TX HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $960 |
| 1 Bedroom | $1,060 |
| 2 Bedrooms | $1,380 |
| 3 Bedrooms | $1,660 |
| 4 Bedrooms | $1,840 |
| 5 Bedrooms | $2,134 |
| 6 Bedrooms | $2,390 |
| 7 Bedrooms | $2,581 |
| 8 Bedrooms | $2,710 |
U.S. Census Bureau data (2024)
The ZIP code 75659 stands out due to its extremely low population density, with only 37 residents recorded. This ZIP code has a unique characteristic in that there are no renters, indicating a 0.0% rental rate among the residents. The absence of data for median income and median home value suggests that this area is predominantly composed of homeowners who do not rent their properties, leading to limited insights into the economic conditions through traditional housing metrics.
Turning to the voucher economics, the Fair Market Rent (FMR) for ZIP 75659 is set at $1100 for the fiscal year 2024. However, the lack of available market data makes it challenging to compare the FMR with actual market rents. Despite this limitation, landlords and small-portfolio investors should be aware that the FMR serves as a benchmark for rental assistance programs under Section 8, which can influence the demand for rental units if any were to become available.
Based on the data signature, ZIP 75659 reads as highly stable. The absence of rentals and the sparse population indicate that there is little movement or change in the housing market. For investors looking to enter this market, the stability suggests a low-risk environment, but also one with minimal opportunities for growth or diversification.
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.