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 |
The yield potential in ZIP 77219 is directly tied to the FMR of $1330, which serves as a benchmark for rental pricing. Landlords and small-portfolio investors should aim to price their rentals close to or slightly below this figure to attract tenants while maintaining profitability. However, without precise market rental rates and home values, it's challenging to provide a definitive yield classification. Typically, if market rents are significantly lower than the FMR, it suggests a higher yield opportunity.
Stability in the market is assessed through metrics such as renter percentage, days on market (DOM), and median income. Unfortunately, these specific figures are not available for ZIP 77219. Without these numbers, stability cannot be accurately measured, but we can consider broader regional trends. If the percentage of renters is high and DOM is low, it indicates a stable rental market. Conversely, if median income is relatively low compared to rental costs, it could suggest less stability due to affordability issues.
To classify ZIP 77219, we need more detailed data. However, based on the FMR and typical real estate behavior, it could lean towards being a moderate-yield market, given the absence of evidence suggesting otherwise. Stability remains uncertain without additional metrics. To make an informed decision, investors should seek out the latest local real estate reports and demographic studies to fill in the gaps and understand the true nature of the market in ZIP 77219.
Investors looking to maximize yield might find ZIP 77219 appealing, especially if they can secure properties below the FMR. Those prioritizing stability will need to research further into local economic conditions and tenant demand before making investment 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.