Section 8 Fair Market Rent (FMR) for ZIP 77254 - 2027

Location: Houston-The Woodlands-Sugar Land, TX | Metro: Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

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 ZIP code 77254, located in Texas, is an area ripe for investment opportunities, particularly in rental properties. The Federal Market Rent (FMR) for Section 8 housing is set at $1330 for the fiscal year 2024, providing a benchmark for rental pricing in subsidized housing markets.

The Federal Market Rent (FMR) for Section 8 housing in ZIP 77254 is $1330 for the fiscal year 2024, indicating the maximum amount that can be charged for a subsidized unit.
The market rent for the area is currently not available, which suggests that landlords should closely monitor local trends to ensure competitive pricing.
The median home value in ZIP 77254 is also not available, but this does not necessarily impact the rental market directly.
The percentage of residents who are renters in ZIP 77254 is not specified, making it difficult to gauge the demand for rental properties specifically.
The days on market (DOM) for properties in this area is not available, which could be crucial for understanding how quickly rental units turn over.
The median household income for ZIP 77254 is not provided, which is important for assessing the financial capability of potential tenants to pay rent.

Investors looking to enter the ZIP 77254 market should focus on the known FMR of $1330 for Section 8 housing as a starting point for setting rental prices. However, due to the lack of specific data points such as market rent, median home values, and median income, it's essential to conduct thorough local research to understand the true dynamics of the rental market. This includes gauging tenant affordability and the competition landscape to make informed decisions about property investments.

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.