Location: Eastland County, TX | Metro: Eastland County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,160 |
| 1 Bedroom | $1,300 |
| 2 Bedrooms | $1,520 |
| 3 Bedrooms | $2,100 |
| 4 Bedrooms | $2,540 |
| 5 Bedrooms | $2,946 |
| 6 Bedrooms | $3,300 |
| 7 Bedrooms | $3,564 |
| 8 Bedrooms | $3,742 |
U.S. Census Bureau data (2024)
ZIP code 76435, located within Eastland County, TX, presents a unique profile when compared to typical ZIP codes in the same county. The Fair Market Rent (FMR) for ZIP 76435 is set at $1,420 for fiscal year 2026, which is notably lower than the market rent of $1,571. This suggests that while the government's rental subsidy program aims to provide affordable housing, the actual market conditions slightly exceed these benchmarks.
The median home value in ZIP 76435 stands at $220,901, indicating that it is neither a value pocket nor a premium sub-market but rather a mid-tier neighborhood within its metro area. Home values in this range are reflective of moderate investment potential and affordability for many buyers.
With a renter share of 17.2%, ZIP 76435 has a higher proportion of renters compared to the average ZIP code in Eastland County. Typically, higher renter shares can indicate a greater demand for rental properties, which is beneficial for landlords and small-portfolio investors looking to capitalize on this trend.
The divergence between the FMR and market rent, along with the relatively high renter share, points towards ZIP 76435 being a strategic location for Section 8 participants. Landlords who can meet the criteria for Section 8 tenancy can benefit from a steady stream of rental income, supported by the government subsidy, despite the slightly elevated market rents.
In summary, ZIP 76435 is positioned as a mid-tier neighborhood within the Eastland County, TX metro. Its characteristics—lower FMR than market rent, a median home value of $220,901, and a significant renter share—make it an attractive option for those interested in Section 8 properties. The area offers a balance between investment opportunities and the practical benefits of rental subsidies.
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.