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 | $1,300 |
| 1 Bedroom | $1,320 |
| 2 Bedrooms | $1,550 |
| 3 Bedrooms | $2,030 |
| 4 Bedrooms | $2,550 |
| 5 Bedrooms | $2,958 |
| 6 Bedrooms | $3,313 |
| 7 Bedrooms | $3,578 |
| 8 Bedrooms | $3,757 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,550 | $190,817 | 0.81% | C |
| 3BR | $2,030 | $217,464 | 0.93% | C |
| 4BR | $2,550 | $282,484 | 0.9% | C |
U.S. Census Bureau data (2024)
The analysis of ZIP code 76111 in Fort Worth, Texas, reveals key insights for landlords and small-portfolio investors. First, the rent math does work, albeit with a narrow margin. The Fair Market Rent (FMR) for FY 2024 is set at $1450, which is slightly below the market rent indicated by ZORI at $1465. This means that properties can be rented at a rate that aligns closely with the government's guidelines, ensuring compliance while still achieving competitive market rates.
Second, the acquisition of homes in this area is reasonably affordable. The median home value stands at $214,238, making it a viable investment option for those looking to purchase properties without breaking the bank. However, the lack of data on days on market (DOM) and the low percentage of price-cut share (0.2%) suggest that the market might be tight, with homes selling quickly and few being discounted. This indicates a seller's market where competition among buyers could drive up prices, but the current median value remains within a reasonable range for investment.
Third, there is a significant tenant demand in the area. With a total population of 20,989 and 43.3% of residents being renters, there is a substantial pool of potential tenants. This high renter share suggests that rental properties will likely have a steady occupancy rate, reducing the risk of vacancy and providing consistent income streams for landlords.
In conclusion, ZIP 76111 presents a favorable environment for rental investments. The rent math works effectively, with market rates only marginally exceeding the FMR. Acquisition costs are manageable, despite indications of a potentially competitive market. Most importantly, the strong tenant demand provides assurance of property occupancy and profitability. For investors seeking to enter or expand their presence in the Fort Worth real estate market, this area offers solid opportunities for success.
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.