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 | $1,410 |
| 1 Bedroom | $1,430 |
| 2 Bedrooms | $1,680 |
| 3 Bedrooms | $2,200 |
| 4 Bedrooms | $2,760 |
| 5 Bedrooms | $3,202 |
| 6 Bedrooms | $3,586 |
| 7 Bedrooms | $3,873 |
| 8 Bedrooms | $4,067 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $2,200 | $434,579 | 0.51% | F |
| 4BR | $2,760 | $587,695 | 0.47% | F |
U.S. Census Bureau data (2024)
The classification of ZIP code 76088 hinges on the balance between its yield potential and stability metrics. With a Fair Market Rent (FMR) of $1,520 for the fiscal year 2024, compared to a market rent of $1,437, the area offers a modest premium for landlords who can secure Section 8 tenants. This difference translates into a higher yield, as the FMR provides a guaranteed rental income that exceeds the local market rate.
The median home value in ZIP 76088 is $467,458. Given this figure, combined with the relatively low proportion of renters at 15.0%, it suggests that the area is predominantly owner-occupied. The average household income of $104,038 further supports this, indicating a financially stable community where residents have the means to purchase homes rather than renting them.
The days on market (DOM) statistic of 86 days is indicative of a moderately slow rental market. This could be due to the limited number of renters, which might make securing tenants more challenging. However, once a tenant is secured, the likelihood of long-term occupancy is high given the financial stability of the residents.
In summary, ZIP 76088 leans towards being a steady-cashflow zone. While it offers a decent yield through the Section 8 program, the stability factors—such as the high median income and the predominantly owner-occupied housing stock—suggest a lower risk environment. The slow rental market, however, implies that landlords should expect a longer wait time to fill vacancies, but the overall financial health of the area supports consistent, reliable cash flow once occupied.
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.