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 77210 falls within the Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area. The Fair Market Rent (FMR) for ZIP 77210 is set at $1330 for fiscal year 2024. This figure is critical for understanding the rental market dynamics within the context of the Section 8 program.
To provide perspective, the typical FMR for the entire Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area is higher than $1330. While specific market rent and home value data for ZIP 77210 are not available, the absence of these figures can be interpreted as a lack of comprehensive market analysis, which might indicate that this area is less explored or has a smaller market presence compared to other parts of the metro.
The FMR is the benchmark used by the U.S. Department of Housing and Urban Development (HUD) to determine payment standards for the Section 8 Housing Choice Voucher program. A lower FMR compared to the metro average suggests that 77210 could be considered a value pocket within the larger Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area. This means it offers relatively affordable housing options for tenants using Section 8 vouchers.
The unknown percentage of renter share also points to a potentially underanalyzed market segment. However, given the lower FMR and the lack of specific market data, it's reasonable to infer that 77210 may attract a significant number of voucher holders due to its affordability. For landlords and small-portfolio investors, this ZIP code represents an opportunity to serve a demographic that relies on government assistance for housing.
In summary, ZIP 77210 appears to be a value pocket within the Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area, characterized by its lower FMR of $1330. This makes it an attractive location for those seeking affordable rental properties, especially those participating in the Section 8 program. While specific market rents and home values are not provided, the lower FMR suggests a more budget-friendly environment compared to the broader metro 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.