Location: Hamilton County, TX | Metro: Comanche County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $850 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,170 |
| 3 Bedrooms | $1,610 |
| 4 Bedrooms | $1,740 |
| 5 Bedrooms | $2,018 |
| 6 Bedrooms | $2,260 |
| 7 Bedrooms | $2,441 |
| 8 Bedrooms | $2,563 |
U.S. Census Bureau data (2024)
To understand the economics of Section 8 in ZIP code 76436, it's crucial to start with the basics. The SAFMR (Standard Amount for Fair Market Rent) for a two-bedroom apartment in this ZIP code is set at $1,150 per month for fiscal year 2026. This figure represents the maximum amount the Housing Choice Voucher program will pay towards rent for such an apartment.
The SAFMR is designed to reflect the rental market conditions in the specific area. However, since there is no available data on the local market rent for ZIP 76436, we must rely solely on the SAFMR for our analysis. It's important to note that the SAFMR applies specifically to this ZIP code, meaning it's tailored to the housing costs here and not a uniform rate across a larger area.
A landlord should be aware that the actual amount paid by the voucher program includes more than just the base rent. There are also utility allowances and the tenant's portion of the rent to consider. Utility allowances can vary but typically cover a significant part of the tenant's monthly utility expenses. The tenant is required to pay 30% of their adjusted income towards rent and utilities.
For example, if a tenant has an adjusted income of $2,000 per month, they would contribute $600 towards rent and utilities. Assuming the utility allowance is around $200, the total contribution towards the rent would be approximately $400. Therefore, the voucher program would pay the remaining $750 to reach the SAFMR of $1,150.
This calculation leaves a landlord with a reimbursement gap or surplus depending on the actual market rent of the property. If the market rent is higher than the SAFMR, the landlord will face a gap between the market rent and the voucher payment. Conversely, if the market rent is lower, the landlord might see a surplus above the tenant's contribution.
In ZIP 76436, given the SAFMR of $1,150 and the lack of specific local market rent data, it's reasonable to assume that landlords who rent at or below this rate will not experience a significant surplus or gap. However, if the local market rent were to exceed $1,150, landlords would have to decide whether to accept the voucher payment or seek non-voucher tenants willing to pay the higher market rate.
To summarize, landlords in ZIP 76436 can expect a voucher payment of up to $1,150 for a two-bedroom unit, with the tenant contributing 30% of their adjusted income and utility allowances covering some of the additional costs. Without specific local market rent figures, it's challenging to quantify the exact reimbursement gap or surplus, but landlords should aim to align their rents closely with the SAFMR to avoid financial discrepancies.
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.