Location: Brazoria County, TX | Metro: Brazoria County, TX HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,040 |
| 1 Bedroom | $1,230 |
| 2 Bedrooms | $1,340 |
| 3 Bedrooms | $1,820 |
| 4 Bedrooms | $2,240 |
| 5 Bedrooms | $2,598 |
| 6 Bedrooms | $2,910 |
| 7 Bedrooms | $3,143 |
| 8 Bedrooms | $3,300 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,820 | $248,438 | 0.73% | D |
U.S. Census Bureau data (2024)
The ZIP code 77534 stands out within its county due to a unique mix of demographic and economic factors. With a population of 3,403 residents, it has a relatively low rental rate at 16.9%, indicating that homeownership is more prevalent than in many other areas. The median income in this ZIP is $105,741, which is above the national average, suggesting a generally affluent community. However, the median home value of $275,790 is also noteworthy, as it reflects a balance between affordability and quality of life.
Moving to the specifics of Section 8 voucher economics, the Fair Market Rent (FMR) for ZIP 77534 in fiscal year 2024 is set at $1,130. This figure contrasts sharply with the market rent, which averages $1,476 according to Census ACS data. This gap presents an opportunity for landlords who can accept vouchers, as they can still receive competitive rents while providing affordable housing options to eligible tenants.
Given the data signature, ZIP 77534 appears to be a stable area. Its high median income and median home values indicate a strong local economy and a preference for homeownership among its residents. The low rental rate suggests that the demand for rentals might be lower compared to other ZIP codes, but the potential for stable long-term tenancy through Section 8 vouchers could make rental properties attractive investments. Landlords and small-portfolio investors should consider these factors when deciding to participate in the Section 8 program in this ZIP code.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.