Section 8 Fair Market Rent (FMR) for ZIP 75853 - 2027

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

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$890
1 Bedroom	$920
2 Bedrooms	$1,160
3 Bedrooms	$1,400
4 Bedrooms	$1,690
5 Bedrooms	$1,960
6 Bedrooms	$2,195
7 Bedrooms	$2,371
8 Bedrooms	$2,490

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

999

Median Household Income

$71,500

Housing Units

636

Renter Percentage

15.2%

Occupancy Rate

69.2%

Renter Occupied

To classify ZIP code 75853, we must consider both yield and stability metrics. The yield potential is driven by the Federal Market Rent (FMR) at $1,100 for the fiscal year 2026, which is the primary rental income benchmark. This figure stands alone without a direct comparison to a specific market price, indicating a reliance on government subsidies for rental income. The median home value of $380,881 suggests a higher-end residential area where investment in single-family homes could be lucrative if the rental income justifies the purchase price.

Stability, however, is a mixed bag. With 15.2% of residents being renters, there's a relatively low demand for rental properties, which could make it harder to find tenants and maintain consistent cash flow. The lack of data on days on market (DOM) makes it difficult to assess how quickly properties can be rented out once they become vacant. Lastly, the average household income of $71,500 provides insight into the financial health of potential tenants, suggesting that while there might be some financial stability among residents, the overall rental market may not be robust enough to support high yields.

Analysis:

Yield: The FMR of $1,100 indicates a strong dependency on Section 8 vouchers, which can provide a stable rental income but at a lower rate compared to market rents. If market rents were available, we could compare them to the FMR to determine the true yield potential. However, given the absence of market rent data, we must assume that the yield will be moderate, primarily due to the reliance on subsidized rents.
Stability: The low percentage of renters (15.2%) and the lack of DOM data suggest that the market for rentals in ZIP 75853 is not very dynamic. A higher percentage of homeowners typically correlates with lower vacancy rates and more stable tenancy periods. The average income of $71,500 supports the idea that tenants who do rent here are likely to be financially stable, reducing the risk of non-payment and increasing the likelihood of long-term leases.

In conclusion, ZIP 75853 appears to be a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The reliance on Section 8 vouchers ensures a regular stream of income, albeit at a fixed rate. The low percentage of renters and higher average income indicate a stable environment for landlords, making it suitable for those looking for predictable returns over time rather than high-risk, high-reward investments. Landlords should focus on properties that can be rented at or near the FMR to maximize their cash flow while maintaining a low-risk profile.

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.