Location: San Jacinto County, TX | Metro: San Jacinto County, 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 | $850 |
| 1 Bedroom | $950 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,740 |
| 5 Bedrooms | $2,018 |
| 6 Bedrooms | $2,260 |
| 7 Bedrooms | $2,441 |
| 8 Bedrooms | $2,563 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,040 | $190,523 | 0.55% | F |
| 3BR | $1,390 | $313,714 | 0.44% | F |
| 4BR | $1,740 | $487,254 | 0.36% | F |
U.S. Census Bureau data (2024)
ZIP code 77331 encompasses the Coldspring, TX neighborhood, characterized by a relatively small population of 7,556 residents. Only 13.1% of these residents are renters, indicating a predominantly owner-occupied community. The median household income stands at $62,321, which suggests a middle-class area. The median home value in the region is $268,333, reflecting an affordable residential market.
From an investment perspective, the Federal Market Rent (FMR) for ZIP 77331 is set at $1,060 for the metro fiscal year 2026. In contrast, the current market rent, as per the Census American Community Survey (ACS), is significantly lower at $729. This discrepancy between FMR and market rent highlights a potential opportunity for Section 8 landlords, as they can expect higher rental income compared to the local market rate.
The economic landscape of Coldspring, TX, makes it suitable for both hands-off voucher operators and hands-on value-add buyers. For those seeking a passive income stream, the higher guaranteed FMR provides a stable and predictable revenue source. Meanwhile, active investors looking to enhance property values could benefit from the lower median home value and potentially increase rents over time as they improve their properties. However, the low percentage of renters might indicate a need for targeted marketing efforts to attract tenants, especially for hands-on investors aiming to capitalize on value-add opportunities.
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.