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 | $1,380 |
| 1 Bedroom | $1,400 |
| 2 Bedrooms | $1,650 |
| 3 Bedrooms | $2,160 |
| 4 Bedrooms | $2,710 |
| 5 Bedrooms | $3,144 |
| 6 Bedrooms | $3,521 |
| 7 Bedrooms | $3,803 |
| 8 Bedrooms | $3,993 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,650 | $223,294 | 0.74% | D |
| 3BR | $2,160 | $328,234 | 0.66% | D |
| 4BR | $2,710 | $414,137 | 0.65% | D |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 76058 in Burleson, TX, for fiscal year 2024 is set at $1,550. This figure represents the maximum amount that a landlord can charge for rent under the Section 8 program. It's important to note that this is not necessarily the amount you will receive; it's the ceiling for what can be charged.
In comparison, the average rent for the area based on recent Census American Community Survey (ACS) data is $1,385. This suggests that the FMR is slightly above the market rate, which could be advantageous if you're looking to participate in the Section 8 program.
The 25.5% share of renters in Burleson indicates a moderate demand for rental properties. Given this percentage, there is a reasonable number of potential tenants who might be interested in your property, particularly those seeking assistance through the Section 8 program.
If you're considering purchasing a property to use as a Section 8 rental, the median home value in the area is approximately $358,452. This gives you an idea of the acquisition cost for a typical home in Burleson, which you should factor into your investment calculations.
Before proceeding, it's crucial to verify the property's condition. Ensure that it meets all the requirements for the Housing Quality Standards (HQS) inspection. This includes checking for any needed repairs or updates that would make the property ineligible until they are addressed. A property that fails the HQS inspection cannot be leased under the Section 8 program, regardless of its location or the FMR.
Participating in Section 8 can provide a steady stream of income and a stable tenant base, but it also comes with responsibilities to maintain the property to certain standards. The FMR of $1,550 provides a benchmark for your rental pricing, while the local average rent of $1,385 offers insight into the market conditions.
With a 25.5% share of renters, you can expect a moderate level of interest from tenants using Section 8 vouchers. The median home value of $358,452 helps you understand the initial investment required. However, ensuring the property meets HQS standards is the key step you must take before finalizing your decision.
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.