Section 8 Fair Market Rent (FMR) for ZIP 77359 - 2027

Location: San Jacinto County, TX | Metro: San Jacinto County, TX HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$880
1 Bedroom$1,050
2 Bedrooms$1,150
3 Bedrooms$1,510
4 Bedrooms$1,740
5 Bedrooms$2,018
6 Bedrooms$2,260
7 Bedrooms$2,441
8 Bedrooms$2,563

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
683
Median Household Income
$55,625
Housing Units
359
Renter Percentage
27.0%
Occupancy Rate
88.6%
Renter Occupied
86

The analysis of ZIP code 77359 reveals a unique blend of yield and stability that positions it as a promising area for real estate investment, particularly for those interested in Section 8 properties.

On the yield axis, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 stands at $1,160. This figure represents the expected rental income per unit. However, the lack of specific market rental data suggests that the FMR is a reliable benchmark for estimating potential rental yields in this region. Additionally, the median home value of $275,673 provides insight into the capital investment required for purchasing property in ZIP 77359.

Moving to the stability axis, the data indicates that 27.0% of residents are renters, which is a significant portion of the population but does not necessarily indicate instability. The absence of data on days-on-market (DOM) makes it challenging to assess the speed at which properties are typically sold, though this could be a critical factor for flipping properties. Lastly, the average household income of $55,625 suggests a moderate economic base, which can support stable rental demand.

Given these figures, ZIP 77359 appears to be a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The moderate renter percentage and average income suggest a consistent tenant pool, which is crucial for long-term rental investments. The lack of day-on-market data prevents a definitive classification on flipping potential, but the combination of the FMR and median home value points towards a market where steady cash flow is more likely than high-risk, high-reward flipping opportunities.

To summarize, the key figures driving this assessment are the $1,160 FMR, 27.0% renter rate, and $55,625 average income. These indicators point towards a market that offers reliable returns over time, suitable for investors seeking stable cash flows from their real estate holdings.

Data Sources: FMR data from HUD (2027). 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.