Location: Brazoria County, TX | Metro: Houston-The Woodlands-Sugar Land, 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 | $1,830 |
| 1 Bedroom | $1,870 |
| 2 Bedrooms | $2,220 |
| 3 Bedrooms | $2,990 |
| 4 Bedrooms | $3,710 |
| 5 Bedrooms | $4,304 |
| 6 Bedrooms | $4,820 |
| 7 Bedrooms | $5,206 |
| 8 Bedrooms | $5,466 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,220 | $183,235 | 1.21% | A |
| 3BR | $2,990 | $257,760 | 1.16% | B |
| 4BR | $3,710 | $303,345 | 1.22% | A |
| 5BR | $4,304 | $349,578 | 1.23% | A |
U.S. Census Bureau data (2024)
ZIP code 77545, located in Fresno, TX, is part of the Brazoria County, TX HUD Metro FMR Area. The Fair Market Rent (FMR) for ZIP 77545 is set at $1990 for fiscal year 2024. This compares favorably against the average market rent of $2,227, indicating that it offers a slight discount to what is typically charged in the area.
The median home value in ZIP 77545 stands at $280,242. While this figure represents the cost of homeownership, it is important to note that 20.7% of the residents are renters, which is a significant portion of the housing market.
To determine whether ZIP 77545 is a value pocket, a mid-tier neighborhood, or a premium sub-market within the larger Brazoria County, TX HUD Metro FMR Area, we must consider the interplay between FMR, market rent, home values, and the renter share. In this case, the FMR of $1990 is lower than the market rent of $2,227, suggesting that rental properties in this ZIP code are slightly above the subsidized rate, potentially positioning it as a mid-tier market.
The relatively high renter share of 20.7% coupled with a below-average home value compared to other areas might indicate that 77545 is a more affordable area within the county. This combination can be advantageous for landlords participating in Section 8 programs, as it means they can offer more affordable units while still receiving rents that are competitive within the market.
In summary, ZIP 77545 appears to be a mid-tier neighborhood within the Brazoria County, TX HUD Metro FMR Area. It offers a slightly discounted FMR relative to market rent and has a higher-than-average renter share. These factors suggest it could be a sweet spot for Section 8 landlords looking for a balance between affordability and market competitiveness.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.