Location: Matagorda County, TX | Metro: Matagorda County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,030 |
| 1 Bedroom | $1,040 |
| 2 Bedrooms | $1,240 |
| 3 Bedrooms | $1,590 |
| 4 Bedrooms | $1,990 |
| 5 Bedrooms | $2,308 |
| 6 Bedrooms | $2,585 |
| 7 Bedrooms | $2,792 |
| 8 Bedrooms | $2,932 |
U.S. Census Bureau data (2024)
16.4% of residents in ZIP code 77457 are renters, indicating a modest demand for rental properties in the area. $293,908 is the median home value, which places it below the national average, suggesting potential for growth in property values. However, the lack of data on market rent and median income presents a challenge in fully assessing the economic landscape. $1,190 is the Fair Market Rent (FMR) for the metro area in fiscal year 2026, providing a benchmark for rental pricing. 0.1% of listings in this ZIP code have been price-cut, a figure that reflects a stable housing market with little need for significant adjustments in asking prices. This stability, combined with the lower median home value, could be advantageous for investors looking to acquire properties at potentially undervalued prices.
The absence of data on days on market (DOM) makes it difficult to gauge how quickly properties are being rented out or sold, but the low price-cut share suggests that once listed, properties are likely to sell or rent at their original asking price. For landlords and small-portfolio investors, the FMR can serve as a guideline for setting rents that are competitive yet fair. Given the limited data available, it's important to consider other factors such as local employment rates and school quality when making investment decisions.
A one-line Section 8 verdict for ZIP 77457 would be: With a Fair Market Rent of $1,190 and a low price-cut share of 0.1%, ZIP 77457 offers a stable environment for Section 8 investments, albeit with some uncertainty due to missing economic indicators.
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.