Location: San Saba County, TX | Metro: Mason County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,590 |
| 5 Bedrooms | $1,844 |
| 6 Bedrooms | $2,065 |
| 7 Bedrooms | $2,230 |
| 8 Bedrooms | $2,342 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 76842 in metro FY 2026 is set at $1,020. This figure represents the payment standard under the Section 8 Housing Choice Voucher program, meaning that if you participate, the government will pay up to $1,020 per month for a unit in this area. However, it's important to note that this is not the amount you can charge tenants; it's the maximum reimbursement rate.
Comparing this to the local median rent, which is currently not available, the FMR serves as a benchmark. It ensures that voucher holders have access to a range of housing options without paying more than 40% of their income towards rent. If the local median rent is higher than $1,020, landlords might consider offering more affordable units to attract voucher holders.
The 24.3% share of renters in the area indicates a moderate demand for rental properties. While not overwhelming, there is a significant portion of the population relying on rentals, which could be a steady source of income for your property. The lack of data on the median home value makes it challenging to estimate the acquisition cost of new rental properties, but it suggests that investment in this area requires careful consideration of property values and potential returns.
To proceed with confidence, verify that the property meets all eligibility requirements for the Section 8 program, including size, condition, and location. Ensure the rent is reasonable compared to similar units in the area to avoid disapproval from the housing authority.
In summary, participating in Section 8 with a property in ZIP 76842 means aligning your rental costs with the $1,020 FMR to ensure compliance and maximize your reimbursement. With a 24.3% renter share, there is a consistent market for rental properties, making it a viable option for landlords and small-portfolio investors.
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.