Location: Houston-The Woodlands-Sugar Land, TX | Metro: Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $970 |
| 1 Bedroom | $990 |
| 2 Bedrooms | $1,180 |
| 3 Bedrooms | $1,590 |
| 4 Bedrooms | $1,970 |
| 5 Bedrooms | $2,285 |
| 6 Bedrooms | $2,559 |
| 7 Bedrooms | $2,764 |
| 8 Bedrooms | $2,902 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $990 | $171,750 | 0.58% | F |
| 2BR | $1,180 | $185,014 | 0.64% | D |
| 3BR | $1,590 | $231,600 | 0.69% | D |
| 4BR | $1,970 | $252,670 | 0.78% | D |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 77022 in Houston, Texas, for fiscal year 2024 is set at $1,010. This figure represents the maximum amount that a landlord can charge for a Section 8 rental unit in this area. It's important to note that this is not the rent you would charge tenants directly; it's the reimbursement rate from the government.
In comparison, the Zillow Observed Rent Index (ZORI) for the same area is currently at $1,421. This indicates that market rents are higher than the Section 8 payment standard, which could affect your decision to participate in the program. However, the 49.6% share of renters in the area suggests a significant demand for affordable housing, making Section 8 rentals a viable option for filling a market need.
The median home value in ZIP 77022 is around $212,476. If you're looking to acquire a property for a Section 8 rental, this figure gives you an idea of the typical purchase price in the area. Given the high renter share and the potential for steady income through the Section 8 program, investing in this ZIP code could be a sound financial decision.
Before proceeding with a Section 8 rental in 77022, ensure that the property meets all necessary Housing Quality Standards (HQS). These standards are set by the Department of Housing and Urban Development (HUD) and cover a range of safety and habitability requirements. Compliance with HQS is mandatory for all Section 8 properties, and failure to meet these standards can result in penalties or contract termination.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.