Location: Fort Worth-Arlington, TX | Metro: Fort Worth-Arlington, TX HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,670 |
| 1 Bedroom | $1,690 |
| 2 Bedrooms | $1,990 |
| 3 Bedrooms | $2,600 |
| 4 Bedrooms | $3,270 |
| 5 Bedrooms | $3,793 |
| 6 Bedrooms | $4,248 |
| 7 Bedrooms | $4,588 |
| 8 Bedrooms | $4,817 |
U.S. Census Bureau data (2024)
Burleson’s 76028 zip code offers a suburban feel with strong family-oriented fundamentals, characterized by master-planned communities and convenient retail access. The area is anchored by major employers such as the Burleson Independent School District, which serves as a significant stabilizing force for local housing demand. The neighborhood is largely residential with a mix of established single-family homes and new construction, providing a stable environment for long-term rentals. Local development continues to focus on expanding commercial corridors along I-35W, enhancing the overall desirability for tenants working in the greater Fort Worth area.
From a financial perspective, the HUD Fair Market Rent (FMR) for a 2-bedroom unit in FY2024 is set at $1,660, while the current market rent (Zillow ZORI) sits higher at $1,827, creating a gap of $167. This gap indicates that voucher limits generally cover the bulk of market rates, though landlords may need to absorb a small difference or secure higher utility allowances. The median home value is $339,893, with median 2-bedroom sale prices at $229,444. Properties are moving relatively slowly, with a median of 63 days on market, suggesting buyers have negotiation leverage.
The tenant pool is bolstered by a median household income of $101,138, significantly above typical thresholds for voucher eligibility, which points to a low voucher utilization rate but high economic stability among the general renter population. With only 22.7% of households renting, the competition for quality units is moderate. The local school district is highly rated, which acts as a magnet for families. While public transit options are limited, the proximity to I-35W facilitates commutes, ensuring demand remains steady from those working in Fort Worth.
The Section 8 verdict for 76028 leans toward stability and appreciation rather than aggressive cashflow. With market rents exceeding the 2BR FMR by $167, pure voucher cashflow is slightly capped unless targeting the FY2026 3BR FMR of $2,320. However, the high median income and top-rated schools suggest a market where tenants can easily afford rent increases over time. Investors should view this area as a play for long-term asset growth and low vacancy risk, supported by a wealthy local demographic.
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.