Section 8 Fair Market Rent (FMR) for ZIP 75850 - 2027

Location: Leon County, TX | Metro: Leon County, TX

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$830
1 Bedroom$840
2 Bedrooms$1,060
3 Bedrooms$1,420
4 Bedrooms$1,460
5 Bedrooms$1,694
6 Bedrooms$1,897
7 Bedrooms$2,049
8 Bedrooms$2,151

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
1,239
Median Household Income
$130,742
Housing Units
526
Renter Percentage
12.9%
Occupancy Rate
74.9%
Renter Occupied
51

The classification of ZIP code 75850 hinges upon the available data points: the Fair Market Rent (FMR) of $1,030 for the fiscal year 2026, the percentage of renters at 12.9%, and the median household income of $130,742. With the FMR set at $1,030, it's evident that rental prices are regulated by HUD standards, which directly impacts potential yields. However, the lack of specific market rent and home value data introduces uncertainty into the analysis.

On the stability axis, the 12.9% renter rate suggests a relatively low proportion of residents renting their homes, which could indicate higher turnover and less predictable cash flow compared to areas with a higher percentage of renters. Additionally, the absence of data on days on market (DOM) means we cannot assess how quickly properties might be rented out, further complicating the stability evaluation.

Despite these limitations, the median household income of $130,742 provides a strong indicator of financial stability within the area. This figure implies that residents have a robust economic foundation, potentially leading to lower default rates and more consistent rental payments.

Given the data, ZIP 75850 leans towards being a steady-cashflow zone rather than a high-yield/low-stability market. The regulated FMR ensures a stable income stream but limits the upside potential for landlords looking to maximize returns through market-rate pricing. The higher median income supports the likelihood of timely rent payments and reduced risk of vacancy. However, the low renter rate and unknown market conditions suggest a need for careful management to maintain occupancy levels and ensure steady cash flow.

To make a definitive call, additional data on market rents and home values would be necessary. These figures would provide a clearer picture of the potential yield and help determine if the market is more suited for steady cash flow or higher-risk, higher-reward strategies.

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.