Section 8 Fair Market Rent (FMR) for ZIP 76063 - 2027

Location: Fort Worth-Arlington, TX | Metro: Dallas, TX HUD Metro FMR Area

Investment Score for ZIP 76063

D
Monthly Rent (2BR)
$2,140
Median Price (2BR)
$275,354
1% Rule
0.78%
Annual Yield
9.33%

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$1,790
1 Bedroom$1,820
2 Bedrooms$2,140
3 Bedrooms$2,800
4 Bedrooms$3,510
5 Bedrooms$4,072
6 Bedrooms$4,561
7 Bedrooms$4,926
8 Bedrooms$5,172

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $2,140 $275,354 0.78% D
3BR $2,800 $351,636 0.8% D
4BR $3,510 $480,623 0.73% D
5BR $4,072 $560,338 0.73% D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
82,625
Median Household Income
$118,946
Housing Units
28,574
Renter Percentage
28.4%
Occupancy Rate
94.4%
Renter Occupied
7,665

Mansfield, TX 76063 is a suburban community positioned within the thriving Mid-Cities region, offering a blend of established residential neighborhoods and expanding commercial corridors. Local character is defined by master-planned developments and a high quality of life, anchored significantly by the presence of the Methodist Mansfield Medical Center, a major regional employer that bolsters the area's economic stability and drives demand for nearby housing.

From a quantitative standpoint, the HUD Fair Market Rent (FMR) for a 2-bedroom unit stands at $2,100, while the current market rent (ZORI) lags at $1,701. This creates a substantial premium gap of $399 per month in favor of voucher holders. Supporting this rent potential, the median home value is $439,960, and the median 2BR sale price is $268,547. However, investors should note the median days on market sits at 82 days, indicating a somewhat slower turnover pace compared to hyper-heated markets.

The tenant pool is bolstered by the area's affluence, with a median household income of $118,946, though only 28.4% of residents are renters. The city is highly attractive due to its highly-rated school district, such as Mansfield ISD, and abundant family amenities like the Elmer W. Oliver Nature Park, which helps retain long-term residents. While the renter share is relatively low, the income stability and family-oriented amenities suggest a market where voucher tenants can be a reliable, high-quality demographic.

The Section 8 verdict for 76063 leans heavily toward cash flow. The 2-bedroom FMR exceeds market rates by nearly $400, allowing investors to maximize guaranteed revenue above standard local benchmarks. However, the 82-day days-on-market metric suggests that liquidity is moderate; therefore, this zip code is best suited for investors prioritizing yield and government-backed payment security over rapid portfolio turnover.

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.