Location: Coleman County, TX | Metro: Coleman County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,570 |
| 5 Bedrooms | $1,821 |
| 6 Bedrooms | $2,040 |
| 7 Bedrooms | $2,203 |
| 8 Bedrooms | $2,313 |
U.S. Census Bureau data (2024)
The ZIP code 76828 stands out due to its unique characteristics that differ significantly from the average U.S. ZIP code. With only 168 residents, it represents a very small community where only 3.1% of the population rents their homes. The median income in this area is $49,141, which places it below the national average. However, the lack of data on median home values suggests that there might be limited housing stock or that most properties are owner-occupied.
In terms of voucher economics, the Fair Market Rent (FMR) for ZIP 76828 is set at $1,040 for metro FY 2026. This figure is crucial for landlords and small-portfolio investors considering the Section 8 program, as it dictates the maximum rental amount that can be subsidized. Notably, the absence of current market rent data for this ZIP code indicates a scarcity of recent rental activity, which could mean that the FMR is based on broader regional data rather than local specifics.
The data signature for ZIP 76828 reads as stable, given the low percentage of renters and the predominantly owner-occupied housing environment. This stability is further reinforced by the limited number of residents, suggesting a tight-knit community with little turnover. For investors looking to enter the Section 8 market, the focus should be on understanding the broader regional trends, as local data points are sparse. The FMR of $1,040 provides a clear benchmark, but the actual demand for rental units and the success of Section 8 vouchers in securing tenants will likely depend on the surrounding areas' dynamics.
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.