Location: Newton County, TX | Metro: Angelina 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 | $840 |
| 1 Bedroom | $990 |
| 2 Bedrooms | $1,110 |
| 3 Bedrooms | $1,510 |
| 4 Bedrooms | $1,600 |
| 5 Bedrooms | $1,856 |
| 6 Bedrooms | $2,079 |
| 7 Bedrooms | $2,245 |
| 8 Bedrooms | $2,357 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,510 | $192,545 | 0.78% | D |
U.S. Census Bureau data (2024)
The ZIP code 75951 stands out in its county with a population of 15,144 residents, where 29.9% are renters. The median income here is $53,147, indicating a middle-class community. However, the median home value of $164,984 suggests that homeownership is relatively expensive compared to other areas.
When it comes to Section 8 vouchers, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,050, which is notably higher than the Census ACS reported market rent of $904. This discrepancy means that landlords accepting Section 8 vouchers in ZIP 75951 can potentially charge closer to the FMR, making it a financially viable option for those willing to participate in the program. Landlords should be aware that while the voucher amount is generous, the overall rental rate might still be lower than what they could charge without the voucher system.
The data signature of ZIP 75951 reads as stable. With a significant portion of the population renting and a median income that supports both rental and ownership, there is a balanced market dynamic. The high median home value suggests that property appreciation has been steady, providing solid equity growth for homeowners. For small-portfolio investors, the slightly elevated FMR compared to the market rent offers an opportunity to attract tenants who might otherwise struggle to afford housing in this ZIP code.
To summarize, ZIP 75951 presents a stable environment for real estate investment, particularly for those considering the benefits of Section 8 vouchers. The financial parameters indicate a healthy balance between rental affordability and the potential for above-market rents through the voucher 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.