Location: Nacogdoches County, TX | Metro: Nacogdoches County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,090 |
| 1 Bedroom | $1,140 |
| 2 Bedrooms | $1,380 |
| 3 Bedrooms | $1,640 |
| 4 Bedrooms | $2,020 |
| 5 Bedrooms | $2,343 |
| 6 Bedrooms | $2,624 |
| 7 Bedrooms | $2,834 |
| 8 Bedrooms | $2,976 |
U.S. Census Bureau data (2024)
The ZIP code 75943 presents a dynamic rental market that is currently experiencing a balance between supply and demand, though specific indicators such as days on market (DOM) and price-cut share are unavailable, making precise conclusions challenging. The Fair Market Rent (FMR) for the area is set at $1,410 for fiscal year 2026, which is notably higher than the reported market rent of $870 based on Census ACS data. This discrepancy suggests that there might be an upward pressure on rents, indicating potential growth in demand relative to supply.
The median home value in ZIP 75943 stands at $283,168. While this figure alone does not provide a complete picture of the housing market, it can be used to gauge affordability and investment potential. With a renter share of 11.5%, the market reflects a relatively low proportion of renters compared to homeowners. However, this percentage also implies that there is a segment of the population that prefers or requires rental housing, which could be indicative of long-term housing pressure as the population grows or shifts towards renting due to economic factors or lifestyle choices.
The dynamics of the ZIP code 75943's rental market suggest that it is evolving. Landlords and small-portfolio investors should pay close attention to trends in rental demand and the potential for rent increases. The current FMR is a benchmark that indicates what tenants might be willing to pay, and if the market rent continues to rise towards this level, it could signal a tightening market where demand is catching up to supply. Conversely, if market rents remain below the FMR, it could indicate an oversupply of rental units, or that other factors such as vacancy rates or competition are keeping rents lower.
In conclusion, ZIP 75943 offers a rental market that is in flux, with a clear opportunity for investors who can adapt to the changing landscape. The data points to a market where demand could be growing, but the specifics of supply and vacancy rates would need further investigation to fully understand the current dynamics and make informed decisions.
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.