Location: Fort Worth-Arlington, TX | Metro: Fort Worth-Arlington, TX HUD Metro FMR Area
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 | $2,190 |
| 1 Bedroom | $2,220 |
| 2 Bedrooms | $2,620 |
| 3 Bedrooms | $3,430 |
| 4 Bedrooms | $4,300 |
| 5 Bedrooms | $4,988 |
| 6 Bedrooms | $5,587 |
| 7 Bedrooms | $6,034 |
| 8 Bedrooms | $6,336 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $3,430 | $413,724 | 0.83% | C |
| 4BR | $4,300 | $570,917 | 0.75% | D |
| 5BR | $4,988 | $728,580 | 0.68% | D |
U.S. Census Bureau data (2024)
ZIP code 76008, located within the Fort Worth-Arlington, TX HUD Metro FMR Area, presents a unique profile when compared against typical ZIP codes in this region. The Fair Market Rent (FMR) for ZIP 76008 is set at $2430 for fiscal year 2024, which is slightly above the area's average market rent of $2,004. This indicates that while it is not the most expensive area in terms of rental costs, it is positioned higher than the median.
The median home value in ZIP 76008 stands at $534,653, which is also notably higher than the average home value across the Fort Worth-Arlington metro. This suggests that properties in this ZIP are generally priced at a premium, reflecting a higher-end market segment.
With an 8.2% share of renters, ZIP 76008 has a lower percentage of rental units compared to the broader metro area. Typically, a higher renter share might suggest a greater demand for affordable housing options, but in this case, the relatively low renter share points towards a more owner-occupied community.
Given the higher FMR and home values, ZIP 76008 is best classified as a premium sub-market within the Fort Worth-Arlington metro. The elevated property values and slightly higher rents indicate a more affluent demographic, less reliant on rental assistance programs such as Section 8. However, the FMR being above the market rent could make it an attractive location for landlords participating in the Section 8 program, as they would likely receive higher subsidies relative to local market conditions.
In summary, while 76008 offers higher premiums for both rental and home purchase markets, it does not exhibit the characteristics typically associated with a Section 8 sweet spot. Its market dynamics suggest a strong appeal to investors seeking opportunities in a premium sub-market, rather than those looking for areas with high renter shares and lower home values.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.