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 | $1,620 |
| 1 Bedroom | $1,650 |
| 2 Bedrooms | $1,940 |
| 3 Bedrooms | $2,540 |
| 4 Bedrooms | $3,190 |
| 5 Bedrooms | $3,700 |
| 6 Bedrooms | $4,144 |
| 7 Bedrooms | $4,476 |
| 8 Bedrooms | $4,700 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,940 | $217,387 | 0.89% | C |
| 3BR | $2,540 | $284,571 | 0.89% | C |
| 4BR | $3,190 | $338,100 | 0.94% | C |
| 5BR | $3,700 | $392,690 | 0.94% | C |
U.S. Census Bureau data (2024)
The ZIP code 76036 in Crowley, TX, presents an interesting balance between yield and stability for real estate investors. The Fair Market Rent (FMR) for the area is set at $1,910 for fiscal year 2024, while the current market rent stands at $2,118. Given that the median home value is $316,349, the rental yields are competitive, especially when considering the FMR and market rents.
On the stability front, the ZIP code shows a moderate level of tenant turnover and economic conditions. The percentage of renters in the area is 23.7%, which is relatively low compared to urban centers but still provides a decent pool of potential tenants. The days on market (DOM) for rentals is 39 days, indicating that properties typically find tenants within about six weeks, which is a reasonable timeframe for steady cash flow. Additionally, the average household income is $97,973, suggesting that residents have sufficient financial means to support rental payments.
Considering these factors, ZIP 76036 leans towards being a steady-cashflow zone rather than a high-yield/low-stability market. The rental yields are attractive, with the market rent exceeding the FMR, but the relatively low percentage of renters and the average income levels suggest a stable tenant base. The DOM figure indicates that properties will not remain vacant for extended periods, contributing to consistent cash flow. However, the low renter percentage also implies that there might be competition among landlords for tenants, necessitating well-maintained properties and potentially lower vacancy rates to ensure steady returns.
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.