Location: Freestone County, TX | Metro: Freestone County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,410 |
| 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 Fair Market Rent (FMR) for ZIP code 75848, as set by the U.S. Department of Housing and Urban Development (HUD), is $970 for fiscal year 2026. This figure represents the maximum amount that a landlord can receive from the government's Section 8 program, also known as the Housing Choice Voucher Program, per month for a unit in this area. It's important to note that this is not the rent you will charge your tenant; it's the reimbursement limit from the government.
While the local median rent is listed as N/A, which makes direct comparison difficult, the 0.0% renter share indicates that there is currently no market-driven rental activity in the area based on the available data. This suggests that demand for rental properties could be low among those who do not qualify for assistance programs like Section 8. However, the presence of the Section 8 program can create a stable demand for housing, especially for those eligible for vouchers.
The acquisition cost, also listed as N/A, typically refers to the price at which a property is purchased. In the absence of specific figures, landlords should consider the overall value of the property and its potential for long-term stability. The Section 8 program guarantees timely payments through a voucher system, which can be an attractive option for landlords seeking reliable income.
To make an informed decision about participating in Section 8 with a rental property in ZIP 75848, verify that the property meets all local housing quality standards (HQS) required by HUD. These standards ensure that the home is safe and habitable, covering aspects such as structural integrity, heating, plumbing, and electrical systems. Compliance with these standards is mandatory for acceptance into the program and ensures that the property qualifies for the reimbursement up to the $970 monthly limit.
In conclusion, while specific local rent and acquisition cost figures are unavailable, the $970 FMR provides a clear benchmark for potential reimbursement under the Section 8 program. The lack of market-driven rental activity and the need for HQS compliance highlight key considerations for landlords. By ensuring your property meets the necessary standards, you can secure a steady income stream with minimal risk of vacancy or non-payment.
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.