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 | $1,840 |
| 1 Bedroom | $1,870 |
| 2 Bedrooms | $2,200 |
| 3 Bedrooms | $2,880 |
| 4 Bedrooms | $3,610 |
| 5 Bedrooms | $4,188 |
| 6 Bedrooms | $4,691 |
| 7 Bedrooms | $5,066 |
| 8 Bedrooms | $5,319 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,200 | $233,884 | 0.94% | C |
| 3BR | $2,880 | $288,634 | 1% | C |
| 4BR | $3,610 | $351,768 | 1.03% | B |
| 5BR | $4,188 | $459,584 | 0.91% | C |
U.S. Census Bureau data (2024)
Fort Worth’s 76179 ZIP code, located in the fast-growing Alliance corridor, is characterized by sprawling master-planned communities and a strong suburban feel. This area is defined by its proximity to major employment hubs, particularly the AllianceTexas logistics complex, which drives much of the local economy. The neighborhood appeals to families seeking newer construction and a quieter lifestyle outside the urban core, while still maintaining reasonable access to downtown Fort Worth via I-35W.
Financially, the numbers present a compelling spread for investors using the Housing Choice Voucher program. The FY2024 HUD SAFMR for a 2-bedroom unit sits at $2,240, which is $227 higher than the current market rent of $2,013. With a median home value of $322,454 and 2-bedroom properties trading around $228,993, the entry price is relatively approachable. However, investors should note the median days on market is 66, suggesting that while margins are healthy, turnover velocity is moderate rather than rapid.
The tenant pool here is distinct from the typical metro rental market, as only 20.9% of households are renters and the median household income is a robust $107,428. This high income threshold indicates a lower density of traditional voucher holders, meaning Section 8 tenants here are likely working families seeking quality school districts rather than deep affordability. The area is served by highly-rated Northwest ISD schools, adding a layer of stability for long-term residency, though car dependency is high due to the suburban layout.
The Section 8 verdict for 76179 leans heavily toward cash flow and stability over high turnover arbitrage. The explicit $227 gap between the 2BR SAFMR and market rent allows for immediate positive cash flow that is often eroded in other Texas metros. Given the high median income and family-oriented amenities, investors can expect lower vacancy rates and better property upkeep, making this a "buy and hold" play where the government guarantee effectively outperforms the local market rate.
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.