Location: Young County, TX | Metro: Jack County, TX
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 | $790 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,440 |
| 4 Bedrooms | $1,740 |
| 5 Bedrooms | $2,018 |
| 6 Bedrooms | $2,260 |
| 7 Bedrooms | $2,441 |
| 8 Bedrooms | $2,563 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,040 | $376,325 | 0.28% | F |
| 3BR | $1,440 | $578,942 | 0.25% | F |
| 4BR | $1,740 | $1,026,703 | 0.17% | F |
U.S. Census Bureau data (2024)
970 is the Fair Market Rent (FMR) for Graford, TX in ZIP code 76449 for metro fiscal year 2026. This figure, set by HUD, serves as a benchmark for rental pricing in the area. 1,080 represents the average market rent based on Census ACS data, indicating that rents are slightly above the HUD-set FMR. 624,543 is the median home value in the region, reflecting the overall property values and suggesting a stable housing market. 19.8 percent is the proportion of residents who are renters, showing that while Graford has a smaller percentage of renters compared to other areas, it still presents opportunities for landlords. 72,813 is the median income of households in Graford, which is relatively low and may impact the ability of tenants to pay higher rents. The day DOM (days on market) is N/A, possibly due to limited data availability, but the 0.1 percent price-cut share suggests that properties in Graford rarely need to be discounted to sell, indicating strong demand and stability.
Given these metrics, Graford's rental market appears to be modestly priced relative to the median home value, which could attract first-time buyers and long-term renters. The lower median income might necessitate a focus on affordable housing options, aligning well with the Section 8 program. However, the slight gap between the HUD FMR and the actual market rent indicates potential for modest profit margins for landlords participating in the program. The low price-cut share and the presence of a rental market, albeit smaller, suggest that Graford could be a viable location for Section 8 properties, especially those that cater to the needs of lower-income families.
Section 8 verdict: Graford, TX offers a stable real estate market with opportunities for landlords willing to cater to the local income levels.
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.