Location: Brazoria County, TX | Metro: Brazoria 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 | $980 |
| 1 Bedroom | $1,120 |
| 2 Bedrooms | $1,230 |
| 3 Bedrooms | $1,660 |
| 4 Bedrooms | $2,060 |
| 5 Bedrooms | $2,390 |
| 6 Bedrooms | $2,677 |
| 7 Bedrooms | $2,891 |
| 8 Bedrooms | $3,036 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,230 | $175,802 | 0.7% | D |
| 3BR | $1,660 | $245,635 | 0.68% | D |
| 4BR | $2,060 | $324,099 | 0.64% | D |
U.S. Census Bureau data (2024)
The median income in ZIP code 77422, Brazoria, TX, stands at $76,829. This figure places significant constraints on the ability of residents to afford the market rate rent of $1,140 per month, as reported by the Census Bureau's American Community Survey (ACS).
To put this into perspective, consider that the Fair Market Rent (FMR) set for the zip code for fiscal year 2024 is $1,150. The FMR represents the maximum amount that a housing voucher will cover, and it closely aligns with the market rate rent.
A household earning the median income would typically allocate around 30% of their monthly earnings towards housing costs, which equates to roughly $1,920. However, the actual market rate of $1,140 and the voucher payment standard of $1,150 suggest that there is a notable affordability gap. Given that only 15.2% of the 14,547 population are renters, competition among landlords could be fierce for securing tenants who can pay the full market rate.
The takeaway for landlords considering whether to accept housing vouchers versus seeking cash-paying tenants is clear. While voucher payments cover nearly the full market rate, landlords should prepare for the administrative complexity involved with accepting vouchers. On the other hand, focusing on cash-paying tenants may offer more straightforward management but requires identifying the smaller segment of the population capable of paying $1,140 monthly without assistance. Landlords must weigh these factors carefully to determine the most profitable strategy for their properties in ZIP 77422.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.