Location: Tyler County, TX | Metro: Tyler County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,210 |
| 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 ZIP code 75938 presents a moderate opportunity for landlords focusing on Section 8 tenants. With a population of 2,846, only 13.4% are renters, indicating that this area is predominantly homeowner-dominated rather than renter-heavy. This suggests that the pool of potential Section 8 tenants is relatively smaller compared to areas with higher percentages of renters.
The median household income in this ZIP code is $55,379, which provides a basis for understanding the affordability of housing. The typical market rent of $827 consumes approximately 15% of the median monthly income, calculated from the annual median income. This figure is slightly below the Fair Market Rent (FMR) of $970 set for FY 2026 in the metro area, indicating that rents in 75938 are modestly below the regional average.
Landlords in ZIP 75938 should anticipate a tenant profile characterized by individuals who are likely to be dependent on government assistance for housing. These tenants will have a strict budget and may require properties that are both affordable and meet certain quality standards to qualify for their vouchers. The lower market rent compared to the FMR means that landlords might find it easier to attract tenants who can afford the rent while still receiving the full voucher amount.
To conclude, while the percentage of renters is not high, the alignment between the market rent and the median income makes it feasible for Section 8 tenants to reside in this area. However, landlords must be prepared to manage tenants who need financial aid and ensure that their properties comply with HUD standards to facilitate the use of vouchers.
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.