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 | $1,660 |
| 1 Bedroom | $1,680 |
| 2 Bedrooms | $1,980 |
| 3 Bedrooms | $2,590 |
| 4 Bedrooms | $3,250 |
| 5 Bedrooms | $3,770 |
| 6 Bedrooms | $4,222 |
| 7 Bedrooms | $4,560 |
| 8 Bedrooms | $4,788 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $2,590 | $429,029 | 0.6% | D |
| 4BR | $3,250 | $544,484 | 0.6% | F |
U.S. Census Bureau data (2024)
The ZIP code 76085 presents a dynamic rental market with a Fair Market Rent (FMR) of $1470 for the fiscal year 2024, which is notably lower than the market rent of $1,952 reported by the Census Bureau's American Community Survey (ACS). This gap suggests that the market rent exceeds what is considered fair, indicating strong demand among renters who are willing to pay above the government-set threshold.
A key indicator of market conditions is the price-cut share, which stands at 0.2%. This figure is exceptionally low, pointing towards a seller's market where landlords have little need to reduce asking rents to attract tenants. The days on market (DOM) being listed as N/A could imply that properties are rented quickly, further supporting the notion of a tight market.
The median home value in ZIP 76085 is $464,369. While this figure alone does not indicate whether supply outpaces demand, it can be inferred that if market rents are significantly higher than FMRs, there may be an imbalance favoring demand over supply. In such a scenario, landlords and small-portfolio investors can expect steady occupancy rates and potentially increasing rents.
The 13.3% renter share provides insight into the long-term housing pressures. A lower renter share typically means a smaller proportion of the population is renting, suggesting a stable homeowner base. However, with market rents exceeding FMRs, it indicates that despite the majority owning homes, there is still considerable pressure on the rental market. This dynamic suggests that while homeownership remains high, those who must rent are facing tighter conditions and higher costs.
In summary, the market in ZIP 76085 is characterized by robust rental demand, evidenced by the significant disparity between FMR and market rent, coupled with a minimal price-cut share. Landlords should anticipate a favorable environment for maintaining or even slightly increasing their rental rates, given the current dynamics of the local housing market.
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.