Location: Llano County, TX | Metro: Llano County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,520 |
| 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)
ZIP code 76885, located within Llano County, TX, stands out due to its unique characteristics when compared against typical ZIP codes in the same county. The most notable figure is the Fair Market Rent (FMR) of $1,100, which is set for metro fiscal year 2026. This FMR is a critical benchmark used to determine eligibility and payment standards for Section 8 housing vouchers.
A significant divergence in the data is the lack of available information on market rent and home values for ZIP 76885. This absence suggests that either the area is underrepresented in real estate data collections or it might be less developed compared to other parts of Llano County, TX. The 0.0% renter share also indicates that the vast majority of residents in 76885 own their homes rather than renting, which is atypical for areas with active Section 8 programs where rental units are more common.
The combination of a defined FMR without corresponding market rent or home value data makes it challenging to classify 76885 precisely as a value pocket, mid-tier neighborhood, or premium sub-market. However, the low renter share combined with the presence of an FMR could imply that the area has a niche market catering specifically to voucher holders, making it a strategic location for landlords who can accommodate Section 8 tenants. Given the scarcity of rental units and the defined FMR, it's likely that 76885 serves as a specialized rental market within the broader context of Llano County, TX, potentially attracting a particular segment of renters who rely on federal assistance.
To make a more definitive assessment, landlords and investors should consider the broader implications of these figures. For instance, the defined FMR of $1,100 could serve as a stable income source for rental properties, given the program's guarantees. Yet, the absence of market rent and home value data means there is limited comparative analysis possible, and caution should be exercised when interpreting these numbers as indicative of overall real estate trends within the ZIP code.
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.