Section 8 Fair Market Rent (FMR) for ZIP 75763 - 2027

Location: Henderson County, TX | Metro: Anderson County, TX

Investment Score for ZIP 75763

N/A
Monthly Rent (2BR)
$1,230
Median Price (2BR)
$N/A
1% Rule
0%
Annual Yield
0%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$930
1 Bedroom$980
2 Bedrooms$1,230
3 Bedrooms$1,530
4 Bedrooms$1,800
5 Bedrooms$2,088
6 Bedrooms$2,339
7 Bedrooms$2,526
8 Bedrooms$2,652

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
3BR $1,530 $309,337 0.49% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
6,259
Median Household Income
$69,756
Housing Units
2,751
Renter Percentage
12.2%
Occupancy Rate
88.1%
Renter Occupied
296

The real estate market in ZIP 75763 is poised for stability over the next 12-24 months, with a median home value currently at $263,424. This figure, combined with the fact that only 0.2% of listings have been reduced, indicates a strong seller's market where pricing power remains firmly in the hands of landlords and homeowners. The negligible reduction rate suggests that sellers are confident in their asking prices and that the market demand is robust enough to support these values without significant concessions.

The median days on market (DOM) being listed as N/A can be interpreted as an indication of quick sales, which further supports the notion of a healthy market where homes are moving swiftly. This dynamic implies that inventory turnover is rapid, potentially leading to sustained or even rising property values if demand continues to outpace supply.

On the rental side, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,150, while the current market average stands at $1,033. This gap signals an upward trajectory for rents, as the government's FMR typically reflects a target that balances affordability with market rates. As the FMR approaches and potentially surpasses the current market rent, landlords may find themselves in a position to gradually increase rental rates without significantly impacting occupancy levels.

For long-hold investors in ZIP 75763, the setup suggests a realistic appreciation thesis based on the underlying fundamentals of the housing market. With median home values holding steady and the potential for rental rate increases, property values are likely to maintain their current level or see gradual growth. However, it is important to note that external factors such as economic conditions, interest rates, and local policy changes could influence this trajectory. Nonetheless, the current data points to a market that is well-positioned for continued stability and modest growth, making it a favorable environment for those looking to hold properties for the long term.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.