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 | $1,720 |
| 1 Bedroom | $1,740 |
| 2 Bedrooms | $2,050 |
| 3 Bedrooms | $2,680 |
| 4 Bedrooms | $3,370 |
| 5 Bedrooms | $3,909 |
| 6 Bedrooms | $4,378 |
| 7 Bedrooms | $4,728 |
| 8 Bedrooms | $4,964 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,050 | $220,191 | 0.93% | C |
| 3BR | $2,680 | $290,855 | 0.92% | C |
| 4BR | $3,370 | $362,662 | 0.93% | C |
| 5BR | $3,909 | $428,783 | 0.91% | C |
U.S. Census Bureau data (2024)
Fort Worth's 76137 ZIP code, situated in the northern part of the city, offers a blend of established suburban living and convenient commercial access. This area is characterized by a mix of single-family homes and apartment complexes, attracting families and working professionals. The neighborhood benefits from proximity to major employers such as the Fort Worth Independent School District, which operates several campuses in or near the area, providing a steady economic base. The local character is defined by its accessibility to retail centers and major thoroughfares, making it a practical location for tenants who value connectivity over a dense urban core.
From a financial perspective, the HUD Fair Market Rent (FMR) for a 2-bedroom unit is set at $2,070, while current market rents (Zillow ZORI) average $1,601. This creates a substantial gap of $469 in your favor if you utilize the Housing Choice Voucher program. The median home value in the area is $319,958, with a specific median 2BR sale price of $222,137, indicating that entry-level acquisition costs are relatively moderate compared to the potential rental income. Homes here are moving at a moderate pace, with a median of 46 days on market, suggesting a balanced environment that is not overheated but still active.
The tenant pool is robust, underpinned by a renter share of 41.4% and a median household income of $90,718. This income level is significantly higher than the typical Section 8 demographic, implying that the private-market tenants are financially stable, yet the high renter share ensures a constant demand for housing units. Families are drawn to the area for amenities such as the Village at Woodland Park and local schools within the Keller ISD boundaries, which generally maintain favorable ratings. The combination of stable income demographics and family-oriented amenities supports low vacancy rates and consistent interest in quality rental properties.
For investors, the Section 8 verdict for 76137 is overwhelmingly positive for cash flow. The $469 premium over market rent for a 2-bedroom unit is a significant spread that is not常见 in every DFW suburb. While the median home value suggests healthy equity potential, the immediate arbitrage between the HUD payment ceiling and actual market rents provides a strong safety net for your debt service. With acquisition prices for 2-bedroom homes at $222,137, the potential rental yield via vouchers is exceptional, making this ZIP code a prime target for investors seeking income-focused stability rather than purely speculative appreciation.
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.