Location: Wharton County, TX | Metro: Wharton County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,540 |
| 4 Bedrooms | $1,550 |
| 5 Bedrooms | $1,798 |
| 6 Bedrooms | $2,014 |
| 7 Bedrooms | $2,175 |
| 8 Bedrooms | $2,284 |
U.S. Census Bureau data (2024)
The economics of Section 8 housing in ZIP code 77467 are defined by the SAFMR (Small Area Fair Market Rent) for a two-bedroom apartment, which is set at $1,070 per month for the fiscal year 2026. This figure is specific to this ZIP code and reflects the maximum amount that the Housing Choice Voucher program will pay for a two-bedroom rental unit in this area.
A voucher holder is responsible for paying 30% of their adjusted monthly income towards rent. Additionally, there is a utility allowance that varies based on the size of the apartment and the location. For a two-bedroom apartment in ZIP 77467, the utility allowance is included in the total reimbursement amount but the exact figure isn't specified here. It's important for landlords to understand these components when considering whether to accept a Section 8 tenant.
To illustrate, if a voucher holder has an adjusted monthly income of $1,000, they would be expected to contribute $300 towards rent. The remaining $770 would come from the Section 8 program, up to the SAFMR limit of $1,070. Therefore, the total rent collected would be $1,070, assuming the tenant’s contribution does not exceed the SAFMR limit.
The SAFMR of $1,070 is the cap for what landlords can charge for a two-bedroom apartment in ZIP 77467 under the Section 8 program. If the market rent in this area exceeds $1,070, landlords will not receive additional funds from the program to cover the difference. Conversely, if the market rent is below $1,070, the voucher holder may have to make up the shortfall with their own funds, though this scenario is less common.
Given the SAFMR and the typical contribution from the voucher holder, landlords should expect a reimbursement gap in ZIP 77467. This gap occurs because the tenant's contribution is a percentage of their income, which is often lower than the SAFMR. To find the exact gap, you would need the specific income details of the voucher holder. However, it is safe to say that the reimbursement will likely fall short of the SAFMR, leaving a gap that must be covered by the landlord or negotiated with the tenant.
In summary, while the SAFMR provides a clear benchmark for what landlords can charge, the actual reimbursement received will depend on the tenant's income and utility usage. Landlords should prepare for a reimbursement that is less than the $1,070 SAFMR, resulting in a financial gap they must manage independently.
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.