Location: Walker County, TX | Metro: Leon County, TX
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 | $880 |
| 1 Bedroom | $990 |
| 2 Bedrooms | $1,160 |
| 3 Bedrooms | $1,610 |
| 4 Bedrooms | $1,770 |
| 5 Bedrooms | $2,053 |
| 6 Bedrooms | $2,299 |
| 7 Bedrooms | $2,483 |
| 8 Bedrooms | $2,607 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,160 | $283,016 | 0.41% | F |
| 3BR | $1,610 | $349,828 | 0.46% | F |
U.S. Census Bureau data (2024)
The real estate market in Midway, TX (ZIP 75852) is poised for stability over the next 12-24 months, anchored by a median home value of $332,424. This figure suggests that the area has established itself as a middle-tier market, neither experiencing the rapid growth seen in some areas nor suffering from depreciation. The fact that the percentage of listings being reduced and the median days on market (DOM) are not available indicates a balanced market where neither buyers nor sellers have significant leverage, leading to a scenario where prices will likely remain steady.
On the rental side, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,130, slightly below the current market rate of $1,151 as reported by the Census ACS. This suggests that the rental market is also stable, with a slight premium currently existing over government estimates. For landlords and small-portfolio investors, this signals that maintaining rents around the current levels is feasible without significant adjustments, ensuring steady cash flow.
Long-term investors should consider the implications of this data on potential appreciation. With the median home value holding steady and the rental market showing similar stability, there is little evidence to support a strong appreciation thesis. However, the consistent median home value does imply a low-risk environment for those looking to hold properties for extended periods. Realistic expectations for appreciation should be modest, with potential gains tied to broader economic factors rather than local market dynamics.
The setup implied by the data points towards a conservative approach for both new and existing investments. Landlords can expect stable rental income with minimal pressure to reduce rates, while homeowners and investors can anticipate maintaining their property values without substantial increases. This environment favors those who prioritize capital preservation and consistent returns over aggressive growth strategies.
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.