Location: Sabine County, TX | Metro: Newton 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 | $860 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,130 |
| 3 Bedrooms | $1,460 |
| 4 Bedrooms | $1,630 |
| 5 Bedrooms | $1,891 |
| 6 Bedrooms | $2,118 |
| 7 Bedrooms | $2,287 |
| 8 Bedrooms | $2,401 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,460 | $297,351 | 0.49% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 75948 in the upcoming fiscal year 2026 is set at $1,040. This figure represents the payment standard for Section 8 housing vouchers in the area, meaning that if you participate in the program, this is the maximum amount the Housing Authority will pay towards a tenant's rent. However, it does not necessarily mean that your property must rent for exactly this amount; it can be higher, but the voucher will only cover up to $1,040.
To put this into context, the average rent in ZIP 75948, based on recent Census American Community Survey (ACS) data, is $1,013. So, the FMR is slightly above the local average, which could help offset some of the administrative costs associated with participating in the Section 8 program.
The demand for rental properties in this area is solid, with 14.1% of residents being renters. This indicates a reasonable market for those looking to rent out their homes, particularly through the Section 8 program. Given the demographic, there is likely a steady pool of potential tenants who would benefit from and seek out Section 8 housing options.
When considering acquiring a new property for a Section 8 rental in ZIP 75948, the median home value is approximately $213,058. This figure should be taken into account when calculating the potential return on investment for a Section 8 property. While the FMR provides a baseline for rental income, it's important to factor in the total cost of ownership, including maintenance, insurance, and property taxes.
Before making a final decision to enter the Section 8 market, ensure that your property meets the minimum quality standards set by the Housing Authority. These standards, often referred to as 'Housing Quality Standards' (HQS), are designed to ensure that all units are safe, decent, and sanitary. A thorough inspection can save you time and money in the long run, avoiding costly repairs and delays in getting approved for the program.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.