Location: Angelina County, TX | Metro: Angelina County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $930 |
| 1 Bedroom | $950 |
| 2 Bedrooms | $1,080 |
| 3 Bedrooms | $1,470 |
| 4 Bedrooms | $1,500 |
| 5 Bedrooms | $1,740 |
| 6 Bedrooms | $1,949 |
| 7 Bedrooms | $2,105 |
| 8 Bedrooms | $2,210 |
U.S. Census Bureau data (2024)
The median income in ZIP code 75903 stands at $30,000, which starkly contrasts with the market rent rate of $432 per month as reported by the Census ACS. This discrepancy highlights a significant affordability gap for the majority of residents, who are all renters, given the area's low median income.
To put this into perspective, the Fair Market Rent (FMR) set at $1,030 for metro areas in fiscal year 2026 is notably higher than the current market rate. The FMR is a benchmark used by the Housing Choice Voucher Program (commonly known as Section 8) to determine the maximum rent subsidy for eligible households. However, at $432, the market rate is already below the FMR, indicating that many units could be considered affordable under the voucher program without adjustments.
The affordability gap in ZIP 75903 means that landlords face intense competition for tenants willing and able to pay the market rate. Given that the median income is only $30,000, it is unlikely that most households can afford the $432 rent without assistance. Therefore, landlords should consider the benefits of accepting Section 8 vouchers to secure stable tenancy.
Landlords in ZIP 75903 must weigh their options carefully. While accepting a voucher might mean receiving government-approved rates, which are higher than the current market rate, it ensures a steady stream of rental income. On the other hand, relying solely on market-rate rents risks vacancies due to the limited financial capacity of potential tenants.
Takeaway: Landlords in ZIP 75903 should embrace voucher programs to fill units and ensure consistent income. The FMR of $1,030 provides a buffer above the current market rate, making it a viable strategy for both attracting tenants and maintaining financial stability.
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.