Section 8 Fair Market Rent (FMR) for ZIP 76461 - 2027

FY 2027 Fair Market Rent Rates

The Fair Market Rent (FMR) for ZIP code 76461 in Unknown, TX, for fiscal year 2026 is set at $1,180. This figure represents the maximum amount that a landlord can receive through the Section 8 program for a unit in this area. It's important to note that this is the payment standard established by the U.S. Department of Housing and Urban Development (HUD), and it does not reflect the total rent you can charge your tenant.

The FMR of $1,180 is the benchmark HUD uses to determine the rent subsidy for eligible tenants. If your property's market rent is higher than $1,180, you will need to lower the rent to match this amount or risk not qualifying for the Section 8 program. Conversely, if your market rent is below this amount, the subsidy will cover the difference up to $1,180, ensuring you receive the full payment standard.

In ZIP 76461, the local median rent is currently listed as N/A, which means there isn't enough data to provide an accurate comparison against the FMR. However, the percentage of renters who rely on housing assistance in this area is N/A%, indicating a significant portion of the population might be interested in Section 8 housing. This suggests that there could be a strong demand for Section 8 rentals, but without specific local median rent data, it's difficult to gauge exactly how competitive the $1,180 payment standard is.

When acquiring a property for Section 8, the typical costs are also listed as N/A. These would normally include acquisition costs such as purchase price, renovation expenses, and any other initial investments needed to bring the property up to the required standards for the program.

Before proceeding with your first Section 8 rental in ZIP 76461, verify that your property meets all the necessary requirements for the program, including safety and habitability standards. This ensures compliance and maximizes the likelihood of approval and subsequent tenancy.

Data Sources: FMR data from HUD (2027).

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.