Location: Brazoria County, TX | Metro: Brazoria County, TX HUD Metro FMR Area
| 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 |
U.S. Census Bureau data (2024)
The ZIP code 77515, located in Angleton, TX, stands out within Brazoria County due to its unique demographic and economic profile. With a total population of 34,088 residents, it has a rental rate of 25.4%, which is slightly above the national average. The median household income in this area is $88,787, indicating a relatively affluent community. However, the median home value of $240,678 suggests that homeownership remains accessible to many local families.
In terms of voucher economics, the Fair Market Rent (FMR) for ZIP 77515 in fiscal year 2024 is set at $1,130. This figure represents the maximum amount that landlords can charge tenants participating in the Section 8 program. In contrast, the ZORI (Zillow Rent Index) for the area is significantly higher at $1,628, reflecting the actual market rent for properties. This discrepancy means that landlords who accept Section 8 vouchers might be leaving money on the table compared to market rates, but it also ensures that low-income families have access to affordable housing options.
The data signature for ZIP 77515 indicates a stable environment. The median income and home values suggest financial stability among residents, while the rental rate shows a consistent demand for rental properties. For landlords and small-portfolio investors, this stability offers a predictable and steady income stream from accepting Section 8 vouchers, even if it means earning less than the market rate. The gap between FMR and ZORI provides an opportunity to balance social responsibility with financial viability.
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.