Location: Wilbarger County, TX | Metro: Wilbarger County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $900 |
| 1 Bedroom | $920 |
| 2 Bedrooms | $1,180 |
| 3 Bedrooms | $1,440 |
| 4 Bedrooms | $1,710 |
| 5 Bedrooms | $1,984 |
| 6 Bedrooms | $2,222 |
| 7 Bedrooms | $2,400 |
| 8 Bedrooms | $2,520 |
U.S. Census Bureau data (2024)
ZIP code 76373, located within Wilbarger County, TX, presents an interesting snapshot when compared against typical ZIP codes in the county. The Fair Market Rent (FMR) for 76373 is set at $1,090 for fiscal year 2026, which serves as a baseline for evaluating rental properties eligible for Section 8 subsidies. However, the lack of specific market rent and home value data for 76373 introduces some uncertainty but also highlights potential opportunities.
A 7.1% renter share indicates that a significant portion of residents in 76373 are renters, which aligns with the broader trend observed in many rural areas where homeownership rates can be lower. This percentage is notable because it suggests a sizeable demand for rental housing, particularly among those who might benefit from government assistance programs such as Section 8.
The absence of market rent and home value data for 76373 makes direct comparisons challenging, but we can infer that if the market rents are below the FMR of $1,090, then 76373 could be considered a value pocket within the metro area. Landlords and small-portfolio investors would find it advantageous to offer rental units at or slightly above the actual market rate, thereby attracting tenants who qualify for Section 8 vouchers without overpricing their properties.
If the home values in 76373 are significantly lower than the average home values in Wilbarger County, this further supports the idea of 76373 being a value pocket. Lower home values typically correlate with lower property taxes and maintenance costs, making it a cost-effective location for investment.
In summary, ZIP code 76373 appears to be a value pocket within the Wilbarger County, TX metro, given its relatively low FMR and potentially lower market rents and home values. The higher-than-average renter share suggests a strong demand for affordable rental housing, positioning it as a favorable market for Section 8 landlords and small-portfolio investors seeking stable returns on investment.
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.