Section 8 Fair Market Rent (FMR) for ZIP 77410 - 2027

FY 2027 Fair Market Rent Rates

The ZIP code 77410, located in Texas, is a residential area that offers opportunities for landlords and small-portfolio investors looking to enter a stable housing market. The Federal Market Rent (FMR) for the area is set at $1330 for fiscal year 2024, providing a benchmark for rental pricing.

• The Federal Market Rent (FMR) for ZIP 77410 is $1330 for fiscal year 2024, indicating the average fair market rent for a two-bedroom apartment.
• The market rent data is currently unavailable for ZIP 77410, which suggests there may be limited recent rental activity or data reporting issues.
• The median home value is also not available for ZIP 77410, making it difficult to assess the overall property value trends in the area.
• The percentage of renters in the area is not available, leaving a gap in understanding the local housing preferences and demand.
• The days on market (DOM) data is not available, which would have been useful to gauge how quickly properties are being leased or sold.
• The median income for residents in ZIP 77410 is not available, which means we cannot evaluate the financial capacity of potential tenants or buyers accurately.

Investors should approach ZIP 77410 with caution due to the lack of comprehensive data points such as market rent, median home value, renter share, days on market, and median income. However, the established FMR of $1330 can serve as a foundational reference for setting competitive rental rates. To make informed decisions, investors will need to seek additional local insights through other sources such as real estate agents or community boards.

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.