Section 8 Fair Market Rent (FMR) for ZIP 76949 - 2027

FY 2027 Fair Market Rent Rates

The ZIP code 76949, located in Texas, is a region that offers unique opportunities for real estate investment, particularly for those interested in the Section 8 housing market. The Federal Market Rent (FMR) for this area is set at $970 for the fiscal year 2026, providing a benchmark for rental pricing in federally subsidized housing programs.

• The Federal Market Rent (FMR) for ZIP 76949 is $970 for the fiscal year 2026, indicating the average rent level for a two-bedroom unit under the Section 8 program.
• Market rent data for ZIP 76949 is currently unavailable, which means investors must rely on other indicators such as FMR to estimate potential rental income.
• The median home value in ZIP 76949 is also not available, suggesting limited data on homeownership trends in the area.
• Renter share data is not available, making it difficult to assess the proportion of residents who prefer renting over owning.
• The Days on Market (DOM) figure is not available, which would typically indicate how quickly properties are rented out in this area.
• Median income data is not available, leaving a gap in understanding the economic profile of the area's residents.

In summary, while the Federal Market Rent provides a clear anchor point for Section 8 investments in ZIP 76949, the lack of comprehensive market data poses challenges for detailed analysis. Landlords and small-portfolio investors should focus on the $970 FMR as a reliable starting point for setting rents, but they must be prepared to gather additional local insights to fully understand the market dynamics and make informed decisions.

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.