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 | $1,570 |
| 1 Bedroom | $1,600 |
| 2 Bedrooms | $1,880 |
| 3 Bedrooms | $2,460 |
| 4 Bedrooms | $3,090 |
| 5 Bedrooms | $3,584 |
| 6 Bedrooms | $4,014 |
| 7 Bedrooms | $4,335 |
| 8 Bedrooms | $4,552 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,880 | $190,131 | 0.99% | C |
| 3BR | $2,460 | $236,687 | 1.04% | B |
| 4BR | $3,090 | $290,733 | 1.06% | B |
| 5BR | $3,584 | $344,768 | 1.04% | B |
U.S. Census Bureau data (2024)
1610 is the Fair Market Rent (FMR) for ZIP 76140, Everman, TX, as set for fiscal year 2024. This figure, however, stands below the 1807 market rent, indicating a potential gap between what landlords can charge and what Section 8 tenants are allotted. 249998 represents the median home value, suggesting a moderate housing market where investment properties could still find a niche. With 31.6% of the population being renters, there's a substantial demand for rental properties, though it's important to note that this percentage does not directly translate to Section 8 eligibility. The median income of 75955 provides insight into the economic profile of residents, which is crucial for assessing the likelihood of qualifying for assistance programs. Landlords should be aware that the average days on market (DOM) is 34, reflecting a reasonably quick turnover rate for rentals. However, only 0.3% of listings experience price cuts, which might indicate that landlords have pricing power but also suggests a competitive market.
In Everman, TX, landlords must navigate the balance between the 1610 FMR and the 1807 market rent to attract and retain tenants while ensuring profitability. Given the 31.6% renter share and the 75955 median income, it's clear that many residents could benefit from Section 8 assistance, potentially easing the financial burden on both landlords and tenants. The 249998 median home value indicates a stable property market, favorable for long-term investments. The low 0.3% price-cut share suggests that landlords who set competitive rates based on the 1807 ZORI will likely see minimal need for adjustment.
For landlords considering Section 8 participation in ZIP 76140, the verdict is cautiously positive. While the 1610 FMR is lower than the 1807 market rent, the significant 31.6% renter share and stable 249998 median home values provide a solid foundation for investment. The 34-day DOM and 0.3% price-cut share suggest a market where well-managed properties can thrive, offering a reliable stream of income for those willing to engage with the program.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.