Section 8 Fair Market Rent (FMR) for ZIP 76483 - 2027

Location: Throckmorton County, TX | Metro: Throckmorton County, TX

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$820
1 Bedroom	$860
2 Bedrooms	$1,080
3 Bedrooms	$1,290
4 Bedrooms	$1,560
5 Bedrooms	$1,810
6 Bedrooms	$2,027
7 Bedrooms	$2,189
8 Bedrooms	$2,298

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

822

Median Household Income

$53,214

Housing Units

565

Renter Percentage

30.9%

Occupancy Rate

73.3%

Renter Occupied

128

ZIP code 76483, located in Texas, is a residential area that offers opportunities for real estate investment, particularly for those interested in the rental market. The following analysis provides key metrics that can help landlords and small-portfolio investors make informed decisions about investing in this region.

The Fair Market Rent (FMR) for ZIP 76483 is set at $980 per month for the fiscal year 2026, indicating the average rent level that is considered fair by HUD standards.
The market rent for the area, as reported by the Census Bureau's American Community Survey (ACS), stands at $1,022 per month, suggesting that the local rental market slightly exceeds the HUD-set FMR.
The median home value in ZIP 76483 is $136,768, which is relatively low compared to other parts of Texas, making it accessible for first-time homebuyers and investors alike.
Renters make up 30.9% of the population in this ZIP code, reflecting a significant portion of the housing market dedicated to rental properties.
The median income in the area is $53,214, providing insight into the financial capacity of potential tenants.

Investors looking to enter the rental market in ZIP 76483 should note the slight premium of market rents over the HUD FMR, indicating a potentially favorable environment for rental income. The low median home value suggests a cost-effective entry point for property acquisition. With nearly a third of the population renting, there is a substantial demand for rental units. However, the lack of data on days on market (DOM) makes it challenging to assess the speed of property turnover and the overall liquidity of the real estate market in this area. Given these factors, ZIP 76483 presents a balanced opportunity for those willing to invest in a region with established rental dynamics and a clear tenant base.

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.