Location: Young County, TX | Metro: Jack County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $960 |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | $1,450 |
| 4 Bedrooms | $1,510 |
| 5 Bedrooms | $1,752 |
| 6 Bedrooms | $1,962 |
| 7 Bedrooms | $2,119 |
| 8 Bedrooms | $2,225 |
U.S. Census Bureau data (2024)
The classification of ZIP code 76427 hinges on the interplay between its yield potential and stability metrics. The Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $980, while the market rent stands at $1,082. This indicates that properties in ZIP 76427 can command a premium over the federally supported rent, suggesting a higher yield potential for landlords and investors participating in the Section 8 program.
Stability, however, is a different story. With 43.7% of the population being renters, there's a significant portion of the community relying on rental housing. This percentage alone doesn't indicate instability; however, the lack of data on days on market (DOM) suggests challenges in measuring the speed at which rental properties turn over. Combined with an average household income of $75,191, it points towards a mixed environment where some residents might struggle to afford market rents, potentially leading to higher turnover rates among non-subsidized units.
To summarize, ZIP 76427 leans towards a high-yield/medium-stability market. The ability to charge above FMR supports a higher yield, but the absence of DOM data and the notable percentage of renters imply a market that isn't entirely stable. Investors should consider the potential for fluctuating occupancy rates and the necessity of maintaining a balance between market and subsidized rents to ensure steady cash flow.
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.