Location: Fort Worth-Arlington, TX | Metro: Fort Worth-Arlington, TX HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,800 |
| 1 Bedroom | $1,870 |
| 2 Bedrooms | $2,180 |
| 3 Bedrooms | $2,880 |
| 4 Bedrooms | $3,560 |
| 5 Bedrooms | $4,130 |
| 6 Bedrooms | $4,626 |
| 7 Bedrooms | $4,996 |
| 8 Bedrooms | $5,246 |
U.S. Census Bureau data (2024)
The ZIP code 76127 stands out due to its unique demographic and economic characteristics. With only 1,729 residents, it represents a small community where every resident is renting their home, indicating a 100.0% rental rate. This makes it particularly interesting for real estate analysts and investors focused on the rental market. However, the lack of specific data points such as median income and median home value suggests that the area might be underreported or has limited statistical significance.
In terms of voucher economics, the Fair Market Rent (FMR) for ZIP 76127 in fiscal year 2024 is set at $2430. This figure is crucial for landlords participating in the Section 8 program, as it dictates the maximum allowable rent for subsidized units. The absence of market rent data for comparison means that we cannot directly assess how competitive or overpriced the FMR is relative to the actual market conditions in this ZIP code. Landlords should closely monitor local rental trends to ensure they are pricing their properties appropriately.
Given the data signature, ZIP 76127 appears to be a transitional area. The high rental rate without corresponding median income data indicates a fluid population, possibly with a transient workforce or seasonal residents. Additionally, the limited statistical data available suggests that the community is still developing or undergoing changes that have yet to stabilize. Investors should approach with caution, considering the potential for rapid shifts in demand and supply dynamics.
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.