Location: Houston-The Woodlands-Sugar Land, TX | Metro: Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,210 |
| 1 Bedroom | $1,240 |
| 2 Bedrooms | $1,470 |
| 3 Bedrooms | $1,980 |
| 4 Bedrooms | $2,460 |
| 5 Bedrooms | $2,854 |
| 6 Bedrooms | $3,196 |
| 7 Bedrooms | $3,452 |
| 8 Bedrooms | $3,625 |
ZIP code 77052, located within the Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area, has a Fair Market Rent (FMR) of $1330 for fiscal year 2024. This figure is critical for landlords and small-portfolio investors as it indicates the maximum amount that can be charged for subsidized housing under the Section 8 program.
Comparatively, the FMR for the Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area typically ranges higher, suggesting that 77052 might represent a value pocket within the larger metro area. The absence of specific market rent and home value data for 77052 makes direct comparisons challenging; however, the lower FMR implies potentially lower costs for property maintenance and acquisition relative to other ZIP codes in the area.
The lack of data on market rents and home values means we cannot conclusively determine how these factors align with the broader metro trends. However, the unknown percentage of renters in 77052 could be significant if it turns out to be notably higher than the average for the Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area. A high renter share with below-average home values would indicate a prime location for Section 8 properties, as it suggests a concentration of rental demand in an area where property costs are relatively low.
To make informed decisions, landlords and investors should monitor the specific market conditions of ZIP 77052, including trends in renter occupancy and home value appreciation. These metrics will help identify if 77052 continues to present opportunities as a value pocket or if it evolves into a mid-tier or even premium sub-market within the Houston metropolitan 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.