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 | $1,850 |
| 1 Bedroom | $1,880 |
| 2 Bedrooms | $2,210 |
| 3 Bedrooms | $2,890 |
| 4 Bedrooms | $3,630 |
| 5 Bedrooms | $4,211 |
| 6 Bedrooms | $4,716 |
| 7 Bedrooms | $5,093 |
| 8 Bedrooms | $5,348 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,210 | $255,513 | 0.86% | C |
| 3BR | $2,890 | $339,013 | 0.85% | C |
| 4BR | $3,630 | $476,384 | 0.76% | D |
| 5BR | $4,211 | $646,549 | 0.65% | D |
U.S. Census Bureau data (2024)
2040 is the Fair Market Rent (FMR) for ZIP code 76039 in Euless, TX, for fiscal year 2024. This figure represents the maximum amount a landlord can charge for a Section 8 voucher holder. In contrast, the actual market rent, known as ZORI, stands at $1,652, indicating that landlords participating in the Section 8 program can command a higher rent than the average market rate. The median home value in this area is $364,008, suggesting a moderate housing market where investment properties can hold their value well. With a 65.1% share of renters in the population, there's a strong demand for rental properties, making it an attractive location for small-portfolio investors. The median income of $83,140 provides insight into the financial capacity of potential tenants, though it does not directly correlate to the ability to pay higher rents. The day DOM (days on market) is listed as N/A, which could mean recent data is unavailable or the market moves too quickly for such metrics to be meaningful. A price-cut share of just 0.2% shows that homes in this area rarely need to be discounted to sell, further supporting the idea of a stable and healthy real estate market. Given these figures, the verdict on Section 8 participation in Euless, TX, is positive, as it allows landlords to secure higher rents while serving a significant portion of the local tenant base.
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.