Section 8 Fair Market Rent (FMR) for ZIP 77483 - 2027

Location: Matagorda County, TX | Metro: Matagorda County, TX

FY 2027 Fair Market Rent Rates

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

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

257

Median Household Income

$31,761

Housing Units

239

Renter Percentage

N/A

Occupancy Rate

77.8%

Renter Occupied

Based on the available data, ZIP 77483, located in Matagorda County, TX, is best suited as a **cash-flow anchor** within a Section 8 portfolio strategy.

The median home value in ZIP 77483 is $189,957, which is relatively low compared to other areas in Texas. However, the Fair Market Rent (FMR) for the Matagorda County, TX metro area in fiscal year 2026 is set at $1,190. Given that the market rent is not available, we can infer that the FMR is likely close to the actual market rent. This creates a positive spread between the FMR and the potential cost of owning a home in this area.

Cash Flow: With a low median home value and a reasonable FMR, landlords can expect steady cash flow from Section 8 tenants in ZIP 77483. The $1,190 FMR is sufficient to cover the mortgage payments on a home valued at $189,957, assuming typical interest rates and down payments.
Rental Demand: The low median income of $31,761 indicates a strong demand for affordable housing, making it a suitable location for Section 8 properties. The lack of significant appreciation potential means that the primary focus should be on maintaining a reliable cash flow rather than capital gains.

While the area does not show strong signs of being an appreciation play, with no available percentage for price-cut share and no data on days on market (DOM), it serves well as an anchor to stabilize a portfolio. The low median home value and stable rental income provide a solid foundation for a diversified investment strategy.

Therefore, ZIP 77483 is best classified as a cash-flow anchor in a Section 8 portfolio strategy, given the favorable spread between the FMR and the median home value.

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.