Location: Shelby County, TX | Metro: Sabine County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $790 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,510 |
| 5 Bedrooms | $1,752 |
| 6 Bedrooms | $1,962 |
| 7 Bedrooms | $2,119 |
| 8 Bedrooms | $2,225 |
U.S. Census Bureau data (2024)
The ZIP code 75972, with a population of 5,708, has a significant rental market presence. Renters account for 28.8% of the total population, indicating that it is indeed a renter-heavy area. The median household income stands at $44,196, which is crucial when assessing the demand for Section 8 vouchers. Given the current market rent of $659, this represents approximately 14.9% of the median household income. This suggests that typical rents are relatively affordable compared to the average income in the area.
In contrast, the Fair Market Rent (FMR) for the metro area is set at $1,030 for FY 2026. This means that the market rent in ZIP 75972 is about 64% of the FMR, implying that there is likely a strong demand for rental properties that fall under the Section 8 voucher program. Landlords in this ZIP can expect a high volume of applications from tenants seeking assistance through the voucher system, due to the disparity between the actual market rent and the FMR.
The tenant profile in this area will predominantly consist of individuals and families who benefit from Section 8 vouchers. These tenants typically have a portion of their rent subsidized, making it easier for them to afford living in the area despite lower income levels. Landlords should prepare to work with housing authorities and understand the requirements of the Section 8 program to ensure smooth tenancy processes.
Furthermore, given the income levels and the relatively low market rent, landlords might also consider offering units at slightly higher rates but still below the FMR to cater to those who may not qualify for Section 8 but are looking for affordable housing options. This strategy could help diversify the tenant base while still remaining competitive in the local rental market.
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.