Section 8 Fair Market Rent (FMR) for ZIP 76527 - 2027

Location: Burnet County, TX | Metro: Austin-Round Rock-San Marcos, TX MSA

Investment Score for ZIP 76527

N/A
Monthly Rent (2BR)
$1,700
Median Price (2BR)
$N/A
1% Rule
0%
Annual Yield
0%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,350
1 Bedroom$1,420
2 Bedrooms$1,700
3 Bedrooms$2,200
4 Bedrooms$2,550
5 Bedrooms$2,958
6 Bedrooms$3,313
7 Bedrooms$3,578
8 Bedrooms$3,757

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
3BR $2,200 $515,149 0.43% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
4,918
Median Household Income
$81,574
Housing Units
1,669
Renter Percentage
18.4%
Occupancy Rate
94.8%
Renter Occupied
291

The market in ZIP code 76527 presents a dynamic environment where the Federal Market Rent (FMR) for Section 8 eligibility stands at $1470 for fiscal year 2024. This figure contrasts with the actual market rent of $658, based on recent Census American Community Survey (ACS) data. The low market rent suggests that there is a significant amount of affordable housing available, which might indicate that supply is currently outpacing demand.

A further indication of this balance is the minimal price-cut share of 0.2%. This statistic implies that landlords in 76527 do not often have to reduce rental prices to attract tenants, reinforcing the notion of a stable supply-demand relationship. However, the absence of days on market (DOM) data leaves an incomplete picture regarding how quickly properties are leased once they become available.

The median home value of $535,145 in ZIP 76527 places it in a category of moderate to high-value homes compared to many other areas. This could suggest that homeownership is relatively accessible, but it also indicates that there is a substantial segment of the population who may find it more practical to rent rather than buy due to affordability concerns or lifestyle preferences.

The 18.4% renter share highlights that nearly one-fifth of the households in 76527 are renters. This proportion is indicative of a community where renting is a common housing choice, possibly due to job mobility or a preference for not dealing with property maintenance. A higher renter share can exert long-term pressure on the housing market, as it signals a consistent demand for rental properties. Landlords and small-portfolio investors should be aware of this trend, as it suggests that rental properties will continue to be sought after, though the exact level of competition or vacancy rates remains unclear without additional data points.

In summary, ZIP 76527 appears to be a market where supply meets demand effectively, with rental prices being notably lower than the federal guidelines. The presence of a significant renter population suggests ongoing demand for rental units, which is beneficial for those looking to invest in rental properties. However, the lack of certain metrics such as DOM makes it challenging to fully assess the immediate leasing trends.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.