Location: Longview, 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 | $1,110 |
| 1 Bedroom | $1,110 |
| 2 Bedrooms | $1,320 |
| 3 Bedrooms | $1,730 |
| 4 Bedrooms | $1,830 |
| 5 Bedrooms | $2,123 |
| 6 Bedrooms | $2,378 |
| 7 Bedrooms | $2,568 |
| 8 Bedrooms | $2,696 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,730 | $260,955 | 0.66% | D |
| 4BR | $1,830 | $350,794 | 0.52% | F |
U.S. Census Bureau data (2024)
34.8% of residents in ZIP 75693 are renters, indicating a substantial demand for rental properties in the area. The $1320 Fair Market Rent (FMR) for zip FY 2024 highlights the financial benchmark set by HUD for Section 8 eligibility, which is crucial for landlords considering participation in the program. In comparison, the market rent stands at $1,193 according to the Census ACS, suggesting that properties priced slightly above the market average can still qualify under Section 8 guidelines. The median home value of $245,177 reflects a relatively stable housing market, but it's the median income of $102,146 that truly matters for understanding the economic capacity of potential tenants. Given the absence of day DOM data, we cannot assess how quickly properties are selling, but the 0.3% price-cut share indicates that homes are generally holding their value without needing significant reductions. This stability, combined with the robust renter population and favorable FMR, makes ZIP 75693 an attractive location for Section 8 investments. Landlords can expect to receive a steady stream of qualified applicants, given the high renter share and the fact that many individuals may rely on government assistance to afford housing. Participation in Section 8 ensures a reliable source of income, with rents pegged to the FMR, thus providing a predictable cash flow for landlords and small-portfolio investors. The verdict on Section 8 in ZIP 75693 is positive, offering a secure investment opportunity.
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.