Section 8 Fair Market Rent (FMR) for ZIP 77399 - 2027

FY 2027 Fair Market Rent Rates

The ZIP code 77399, located in Texas, is situated in a region characterized by its suburban landscape and growing demand for affordable housing options. As an investor focusing on the Section 8 Housing Choice Voucher program, understanding the financial metrics and rental trends of this area is crucial for making informed decisions.

• The Fair Market Rent (FMR) for ZIP 77399 in fiscal year 2026 is set at $1,120, indicating the maximum amount that a voucher holder can pay towards rent.
• Market rent data is currently unavailable for ZIP 77399, which makes it challenging to compare against the FMR.
• The median home value in this ZIP code is also not available, suggesting that there might be limited data on homeownership trends.
• The percentage of renters in the area is unknown, which could impact the demand for rental properties.
• The Days on Market (DOM) figure is not available, preventing us from assessing how quickly properties are being leased.
• The median household income for ZIP 77399 is not available, which is important for gauging the financial capacity of potential tenants.

In summary, while the Fair Market Rent for ZIP 77399 stands at $1,120, critical data points such as market rent, median home value, renter share, days on market, and median income are currently unavailable. This lack of comprehensive data suggests that the rental market in this area may be less transparent compared to other regions, requiring careful due diligence before investing. Landlords and small-portfolio investors should focus on securing properties that align with the FMR to ensure they are competitive and attractive to voucher holders.

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.