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 | $1,440 |
| 1 Bedroom | $1,460 |
| 2 Bedrooms | $1,720 |
| 3 Bedrooms | $2,250 |
| 4 Bedrooms | $2,830 |
| 5 Bedrooms | $3,283 |
| 6 Bedrooms | $3,677 |
| 7 Bedrooms | $3,971 |
| 8 Bedrooms | $4,170 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,720 | $247,317 | 0.7% | D |
| 3BR | $2,250 | $313,424 | 0.72% | D |
| 4BR | $2,830 | $382,882 | 0.74% | D |
U.S. Census Bureau data (2024)
The HUD Fair Market Rent (FMR) for ZIP code 76022, which includes Bedford, TX, in the Fort Worth-Arlington, TX HUD Metro FMR Area, is set at $1660 for fiscal year 2024. In comparison, the market rent, measured by the Zillow Observed Rent Index (ZORI), stands at $1,498. This indicates that voucher tenants will cashflow positively at the FMR rate, meaning landlords can expect a consistent income stream from Section 8 tenants without financial strain.
The median home value in this area is $317,270, leading to a rent-to-price ratio of approximately 0.46%. This ratio suggests that rental properties are relatively affordable compared to the cost of homeownership, making renting an attractive option for many residents, including those utilizing housing vouchers.
Regarding the rental versus buying dynamics, the median Days on Market (DOM) is listed as N/A, indicating limited data availability for this metric. However, the price-cut share for homes is a mere 0.3%, suggesting that the housing market remains stable with little need for significant price adjustments. This stability supports the idea that rental properties will maintain steady demand, unaffected by fluctuations in the sales market.
The strongest investor angle in ZIP 76022 is likely cashflow due to the positive difference between the HUD FMR and the actual market rent, ensuring a reliable and profitable income stream from Section 8 tenants.
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.