Section 8 Fair Market Rent (FMR) for ZIP 76052 - 2027

Location: Wise County, TX | Metro: Dallas, TX HUD Metro FMR Area

Investment Score for ZIP 76052

N/A

Monthly Rent (2BR)

$2,480

Median Price (2BR)

$N/A

1% Rule

Annual Yield

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$2,070
1 Bedroom	$2,100
2 Bedrooms	$2,480
3 Bedrooms	$3,230
4 Bedrooms	$4,060
5 Bedrooms	$4,710
6 Bedrooms	$5,275
7 Bedrooms	$5,697
8 Bedrooms	$5,982

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
3BR	$3,230	$311,567	1.04%	B
4BR	$4,060	$403,090	1.01%	B
5BR	$4,710	$494,669	0.95%	C

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

34,249

Median Household Income

$143,555

Housing Units

11,163

Renter Percentage

15.6%

Occupancy Rate

97.5%

Renter Occupied

1,699

The ZIP code 76052, located in the heart of Flower Mound, Texas, offers a blend of suburban tranquility and proximity to urban amenities. This area is known for its high-quality schools, green spaces, and access to major highways, making it attractive to both families and professionals.

The Fair Market Rent (FMR) for ZIP 76052 in fiscal year 2024 is set at $2,250. This figure represents the maximum amount that low-income households should pay for housing.
The market rent, as indicated by the Zillow Observed Rental Index (ZORI), stands at $2,273. This closely aligns with the FMR, suggesting a balanced rental market where property values are reflective of the local economy.
The median home value in this ZIP code is $393,875. This is a key indicator of the overall property values and can influence rental rates and investment decisions.
Renters make up 15.6% of the housing market in 76052. This relatively low percentage indicates a strong preference for homeownership among residents, but there remains a significant demand for rental properties.
The Days on Market (DOM) for rental listings averages 42 days. This suggests that rental properties take slightly over a month to find tenants, which could be indicative of a competitive rental market or seasonal fluctuations.
The median household income in ZIP 76052 is $143,555. This high income level supports a robust rental market and suggests that residents have the financial capacity to afford higher rents.

In summary, ZIP 76052 presents a stable rental market with fair competition for tenants. The alignment between FMR and ZORI, combined with the high median income, indicates that rental properties are likely to perform well financially. However, the low renter share and average DOM suggest that landlords and investors should be prepared for a slightly slower leasing process and focus on maintaining competitive rental rates to attract 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.