Section 8 Fair Market Rent (FMR) for ZIP 76126 - 2027
Location: Fort Worth-Arlington, TX | Metro: Fort Worth-Arlington, TX HUD Metro FMR Area
FY 2027 Fair Market Rent Rates
| Unit Size |
Monthly FMR |
| Studio | $1,640 |
| 1 Bedroom | $1,660 |
| 2 Bedrooms | $1,960 |
| 3 Bedrooms | $2,570 |
| 4 Bedrooms | $3,220 |
| 5 Bedrooms | $3,735 |
| 6 Bedrooms | $4,183 |
| 7 Bedrooms | $4,518 |
| 8 Bedrooms | $4,744 |
Demographics & Housing Statistics
U.S. Census Bureau data (2024)
Median Household Income
$113,905
Housing Authorities Serving ZIP 76126
To decide whether to buy in ZIP code 76126 (Benbrook, TX) for Section 8 investments, follow this decision tree:
- Does the Fair Market Rent (FMR) of $1780 cover the debt service on a property valued at $386,866?
- Yes: If the FMR of $1780 per month is sufficient to cover the mortgage payments and other expenses associated with owning a property valued at $386,866, then you can proceed to the next question.
- No: If the FMR does not cover the debt service, purchasing in this area is not financially viable for Section 8 tenants.
- Is the market rent ($1,974 ZORI) above, at, or below the FMR?
- Above: The ZORI of $1,974 exceeds the FMR of $1780, indicating that market rents are higher than what Section 8 will pay. This suggests that landlords might prefer market-rate tenants over Section 8 ones, reducing demand for Section 8 properties.
- At or Below: If market rents are at or below the FMR, Section 8 tenants are more likely to be competitive with market-rate tenants, making the investment more attractive.
- Are 18.0% renters and a 37-day Days on Market (DOM) indicative of enough demand?
- It Depends: With 18.0% of the population being renters and an average DOM of 37 days, there is some demand for rental properties. However, the viability hinges on the balance between supply and demand. If the number of available Section 8 vouchers is high relative to the number of properties, this could support a strong demand. Conversely, if voucher availability is low, the 18.0% rental rate may not translate into sufficient Section 8 tenant interest.
The decision to invest in ZIP 76126 for Section 8 properties is contingent upon these factors aligning favorably. Ensure that the FMR covers your debt service, consider the competition from market rates, and assess the overall demand for rentals in the area against the specific demand for Section 8 housing.
Data Sources: FMR data from HUD (2027). 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.