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 | $1,230 |
| 1 Bedroom | $1,250 |
| 2 Bedrooms | $1,470 |
| 3 Bedrooms | $1,920 |
| 4 Bedrooms | $2,410 |
| 5 Bedrooms | $2,796 |
| 6 Bedrooms | $3,132 |
| 7 Bedrooms | $3,383 |
| 8 Bedrooms | $3,552 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,470 | $189,958 | 0.77% | D |
| 3BR | $1,920 | $230,935 | 0.83% | C |
| 4BR | $2,410 | $286,029 | 0.84% | C |
U.S. Census Bureau data (2024)
In Haltom City, TX (ZIP 76117), the real estate market presents a nuanced scenario for landlords and small-portfolio investors. The median home value stands at $230,933, indicating a stable price point that has not seen significant fluctuation. This stability is further supported by the fact that only 0.3% of listings have been reduced, suggesting that sellers are maintaining their asking prices and buyers are willing to meet them. Additionally, the median days on market (DOM) is 29 days, which points to an efficient market where homes are sold relatively quickly. These factors collectively imply a strong pricing power for the next 12-24 months, as there is little downward pressure on home values.
On the rental side, the Fair Market Rent (FMR) for ZIP 76117 is set at $1,370 for fiscal year 2024, while the actual market rent (ZORI) is currently at $1,276. This indicates that there is room for rents to increase towards the FMR level, which could benefit landlords looking to adjust their rental rates. However, it also suggests that the rental market may be slightly underperforming compared to what the government's estimates predict, possibly due to supply and demand dynamics or other local economic factors.
For long-term hold investors, the setup in Haltom City implies a moderate appreciation thesis. Given the current market conditions, where home values are stable and rents are close to the FMR, it is reasonable to expect gradual increases in property values and rental income over time. However, the appreciation rate will likely remain steady rather than experiencing rapid growth. The efficiency of the housing market, as evidenced by the low DOM, also supports the idea that properties will retain their value well, making Haltom City a solid choice for those seeking stable returns.
Investors should keep a close eye on broader economic trends and local developments that could impact both home values and rental rates. While the data suggests a balanced and stable market, external factors such as changes in interest rates or shifts in the local economy could alter the landscape. Nonetheless, the combination of stable home values and potential rental rate increases provides a promising outlook for those willing to hold onto their investments.
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.