Location: Wharton County, TX | Metro: Wharton County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $930 |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | $1,610 |
| 4 Bedrooms | $1,620 |
| 5 Bedrooms | $1,879 |
| 6 Bedrooms | $2,104 |
| 7 Bedrooms | $2,272 |
| 8 Bedrooms | $2,386 |
U.S. Census Bureau data (2024)
The ZIP code 77453 stands out due to its unique demographic and economic characteristics. With only 91 residents, it has an extremely low population density. Notably, there is a 0.0% rental rate, indicating that all residents own their homes. The median home value in this area is quite high at $178,446. However, the lack of data on median income suggests either a very homogeneous income distribution or a small sample size that doesn't provide reliable averages.
Moving to the specifics of Section 8 housing, the Fair Market Rent (FMR) for the metro area including ZIP 77453 is set at $1,120 per month for fiscal year 2026. Given the absence of market rent data, it's challenging to compare the FMR to local rental rates. However, the high median home value implies that the cost of living in this area could be significantly higher than the FMR, which might pose challenges for landlords seeking to participate in the Section 8 program.
In terms of stability, the data signature for ZIP 77453 indicates a relatively stable environment. The absence of rental properties and the presence of high-value homes suggest a community where homeownership is the norm, and property values are consistent. This stability can be beneficial for landlords and small-portfolio investors who are looking for low-risk investment opportunities. However, the limited data available also means that any significant changes in the local economy could impact the housing market disproportionately, making it somewhat transitional in nature.
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.