Location: Kimble County, TX | Metro: Kimble County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,370 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
The ZIP code 76883 in Kimble County, TX, presents unique characteristics that set it apart from other areas. However, due to the lack of specific data points such as the number of residents, percentage of renters, median income, and median home value, a detailed analysis of these factors cannot be provided. The focus will thus shift to the voucher economics which can offer valuable insights.
The Fair Market Rent (FMR) for ZIP 76883 for the metro area in fiscal year 2026 is set at $970. This figure is crucial for landlords and small-portfolio investors who participate in the Section 8 Housing Choice Voucher program. It represents the maximum amount that the government will pay towards rent subsidies for eligible tenants. While the exact market rent for the area is not specified, the FMR serves as an important benchmark for understanding rental affordability and potential income from subsidized units.
Landlords in ZIP 76883 should consider the FMR of $970 when setting their rental rates for properties that might attract Section 8 tenants. This ensures compliance with HUD regulations and helps manage expectations regarding tenant contributions and landlord reimbursement.
Given the limited data available, it's challenging to definitively label ZIP 76883 as either stable or transitional. Stability would typically be indicated by consistent economic indicators and population trends over time, while transitional areas often experience changes in demographics, housing markets, and economic conditions. Without specific numbers, the classification remains uncertain.
To make informed decisions, landlords and investors in ZIP 76883 should stay updated on local real estate trends and any changes in the FMR that could impact their operations. Engaging with local real estate associations or conducting further research on the specific ZIP code can provide additional clarity on the economic environment and help in assessing the overall stability or transition of the area.
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.