Section 8 Fair Market Rent (FMR) for ZIP 77555 - 2027

Location: Houston-The Woodlands-Sugar Land, TX | Metro: Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,100
1 Bedroom	$1,120
2 Bedrooms	$1,330
3 Bedrooms	$1,790
4 Bedrooms	$2,220
5 Bedrooms	$2,575
6 Bedrooms	$2,884
7 Bedrooms	$3,115
8 Bedrooms	$3,271

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

Median Household Income

$N/A

Housing Units

Renter Percentage

N/A

Occupancy Rate

N/A

Renter Occupied

The ZIP code 77555, located in Harris County, Texas, is situated within the greater Houston metropolitan area. Known for its mix of residential neighborhoods and proximity to industrial zones, this region offers a unique blend of opportunities for real estate investors. The following analysis provides key insights into the market conditions that could influence investment decisions.

The Fair Market Rent (FMR) for a two-bedroom apartment in ZIP 77555 for fiscal year 2024 is set at $1330.
Market rent data is currently unavailable for this ZIP code, making it difficult to compare against the FMR without additional research.
The median home value is also not available, which suggests limited data on homeownership trends in the area.
The percentage of renters in the community is unknown, leaving a gap in understanding the local housing preferences.
The days on market (DOM) statistic is not available, indicating that there is no recent data on how quickly properties are selling in this area.
The median household income figure is not provided, which means there is no direct measure of the economic health and spending power of residents in ZIP 77555.

Given the limited availability of specific data points such as market rent, median home value, renter share, DOM, and median income, investors should approach this market with caution. The FMR of $1330 for a two-bedroom apartment sets a baseline for rental pricing expectations, but without further details on the local rental market dynamics and economic indicators, it's challenging to make informed decisions about potential returns and risks. Conducting thorough due diligence and seeking out additional local real estate and economic data would be advisable before committing capital to investments in ZIP 77555.

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.