Section 8 Fair Market Rent (FMR) for ZIP 76878 - 2027

Location: Coleman County, TX | Metro: Brown County, TX

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$890
1 Bedroom$890
2 Bedrooms$1,170
3 Bedrooms$1,390
4 Bedrooms$1,690
5 Bedrooms$1,960
6 Bedrooms$2,195
7 Bedrooms$2,371
8 Bedrooms$2,490

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
1,585
Median Household Income
$46,111
Housing Units
893
Renter Percentage
35.9%
Occupancy Rate
67.4%
Renter Occupied
216

The classification of ZIP code 76878 reveals a unique balance between yield and stability that can inform investment strategies for landlords and small-portfolio investors. On the yield axis, the potential rental income from the Federal Market Rent (FMR) of $1,130 in the fiscal year 2026 stands out. This figure is notably higher than the market rent of $494, indicating a significant opportunity for above-market returns if properties are leveraged through programs such as Section 8. The stark contrast between the FMR and the market rent suggests a high-yield environment.

However, when we examine the stability axis, the picture becomes more nuanced. With 35.9% of residents being renters, the market has a moderate level of demand. The absence of data regarding the number of days on market (DOM) means we cannot assess how quickly properties are typically leased or sold, which is a critical factor for turnover and liquidity. Lastly, the median household income of $46,111 provides insight into the economic base supporting rental demand. This income level is relatively stable but does not indicate high growth potential, suggesting a steady cash flow rather than rapid appreciation.

To summarize, ZIP code 76878 leans towards a high-yield market due to the substantial difference between the FMR ($1,130) and the market rent ($494). However, the stability is moderate, given the 35.9% renter population and the stable income levels without significant growth indicators. Therefore, this area is best classified as a high-yield, moderately stable zone, suitable for those looking to maximize rental income with a reasonable expectation of consistent demand.

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.