Section 8 Fair Market Rent (FMR) for ZIP 77364 - 2027

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

Investment Score for ZIP 77364

D
Monthly Rent (2BR)
$1,130
Median Price (2BR)
$183,267
1% Rule
0.62%
Annual Yield
7.4%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$930
1 Bedroom$1,040
2 Bedrooms$1,130
3 Bedrooms$1,410
4 Bedrooms$1,890
5 Bedrooms$2,192
6 Bedrooms$2,455
7 Bedrooms$2,651
8 Bedrooms$2,784

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,130 $183,267 0.62% D
3BR $1,410 $274,237 0.51% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
2,178
Median Household Income
$62,750
Housing Units
1,476
Renter Percentage
8.4%
Occupancy Rate
70.0%
Renter Occupied
87

224,313 Point Blank, TX, with a median home value of $224,313, presents an interesting opportunity for real estate investors. 8.4 In this area, 8.4% of residents are renters, indicating a steady demand for rental properties. 62,750 The median income of $62,750 suggests that tenants can afford higher rents without straining their budgets. 1,379 Market rent stands at $1,379 according to the Census ACS, which is a key figure for setting rental prices competitively. 1,000 However, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,000, providing a benchmark for Section 8 eligible rents. 0.2 Only 0.2% of listings have been price-cut, indicating that the local real estate market is relatively stable and competitive.

Investors should note that the discrepancy between the FMR and market rent offers a window of opportunity to cater to both market-rate tenants and those on Section 8 vouchers. Given the strong income levels and competitive rental rates, landlords can expect a good tenant pool willing to pay the market rate while also having the flexibility to participate in the Section 8 program if they choose to do so.

The verdict for Section 8 participation in Point Blank, TX, is positive, especially considering the stability of the local real estate market and the potential for attracting quality tenants.

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.