Location: Fort Worth-Arlington, TX | Metro: Fort Worth-Arlington, TX HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,420 |
| 1 Bedroom | $1,440 |
| 2 Bedrooms | $1,700 |
| 3 Bedrooms | $2,230 |
| 4 Bedrooms | $2,790 |
| 5 Bedrooms | $3,236 |
| 6 Bedrooms | $3,624 |
| 7 Bedrooms | $3,914 |
| 8 Bedrooms | $4,110 |
U.S. Census Bureau data (2024)
ZIP code 76155 is positioned within the Fort Worth-Arlington, TX HUD Metro FMR Area. The Fair Market Rent (FMR) for ZIP 76155 in fiscal year 2024 is set at $1720. This figure is higher than the market rent of $1,526, indicating that the FMR is designed to cover a broader range of housing costs, including those in less affordable areas.
The renter share in ZIP 76155 is an exceptionally high 99.6%, suggesting that nearly all residents are renters. This high percentage is indicative of a strong rental market and could be a significant factor for landlords and small-portfolio investors looking to capitalize on demand. However, the absence of specific home value data for 76155 means we cannot directly compare it to other ZIP codes within the Fort Worth-Arlington area in terms of property investment.
To determine if 76155 represents a value pocket, a mid-tier neighborhood, or a premium sub-market within its metro, we must consider the provided figures. A value pocket typically has lower-than-average rents but may still attract a high number of renters due to affordability. A mid-tier neighborhood usually reflects average rents and a balanced mix of homeowners and renters. A premium sub-market generally features higher rents and attracts fewer renters relative to homeowners.
Given that the FMR for 76155 is above the market rent and considering the extremely high renter share, we can infer that 76155 is likely a value pocket for Section 8 participants. The high renter share combined with below-average home values (if implied by the comparison to other ZIP codes within the area) signals a favorable environment for tenants seeking government-subsidized housing. Landlords and investors should note the potential for steady demand driven by the Section 8 program.
While direct comparisons to other ZIP codes within the Fort Worth-Arlington area would require additional data, the characteristics of 76155 suggest it stands out as a particularly attractive area for renters, especially those benefiting from Section 8 subsidies. This makes it a valuable consideration for real estate investments focused on rental properties.
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.