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 | $1,360 |
| 1 Bedroom | $1,380 |
| 2 Bedrooms | $1,630 |
| 3 Bedrooms | $2,130 |
| 4 Bedrooms | $2,680 |
| 5 Bedrooms | $3,109 |
| 6 Bedrooms | $3,482 |
| 7 Bedrooms | $3,761 |
| 8 Bedrooms | $3,949 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,630 | $193,529 | 0.84% | C |
| 3BR | $2,130 | $328,563 | 0.65% | D |
| 4BR | $2,680 | $467,530 | 0.57% | F |
| 5BR | $3,109 | $547,838 | 0.57% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 76060, Kennedale, TX, is set at $1460 for the fiscal year 2024. This figure represents the maximum amount that a landlord can charge for a Section 8 rental unit, which is based on the Housing Choice Voucher program. It's important to note that this is not the rent you will receive; it's the payment standard used to calculate the subsidy for tenants.
In comparison, the local median rent for ZIP 76060 is $1701, as indicated by the ZORI (Zillow Observed Rent Index). This suggests that market rents exceed the FMR, meaning that landlords participating in Section 8 might need to adjust their expectations regarding rental income.
The 27.2% renter share indicates that nearly 27.2% of households in the area are renters, showing a significant demand for rental properties. However, this also means that there are enough rental units available to meet the demand, so landlords should be cautious about overpricing their units.
If you're considering purchasing a property to use as a Section 8 rental, the median home value in ZIP 76060 is approximately $384,190. This is the typical price range you would expect to pay for an existing home in the area, though new constructions or custom builds could vary significantly.
Before committing to a Section 8 rental property, verify that the property meets all local housing quality standards (HQS). These standards ensure that the property is safe, decent, and sanitary, and failure to comply can result in penalties or termination from the program.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.