Section 8 Fair Market Rent (FMR) for ZIP 76533 - 2027

FY 2027 Fair Market Rent Rates

The ZIP code 76533, located in Killeen-Temple, Texas, presents a unique profile due to the lack of specific demographic data points such as resident count, percentage of renters, median income, and median home value. This scarcity of detailed local statistics suggests that the area might be less developed or has limited public records available.

Despite these gaps, the economic viability of Section 8 vouchers in ZIP 76533 can still be assessed through the Fair Market Rent (FMR) data. For fiscal year 2024, the FMR stands at $1140, which is the benchmark used to determine the maximum rental assistance payment landlords can receive for their properties. The absence of specific market rent data means that the FMR serves as a critical reference point for understanding the rental landscape in this ZIP code.

The voucher economics in ZIP 76533 are straightforward: landlords who participate in the Section 8 program can expect to receive up to $1140 per month for eligible units. This figure should be considered when setting rents to ensure compliance with HUD guidelines while also maximizing returns. It's important to note that the FMR is adjusted annually based on regional housing costs and can impact the financial planning for landlords and investors.

Given the incomplete data signature, it's challenging to definitively categorize ZIP 76533 as either stable or transitional. However, the reliance on FMR data without corresponding local market figures indicates a need for caution and suggests that the area could be in a state of flux, possibly developing or undergoing changes that have yet to be fully captured in official statistics.

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.