Location: Beaumont-Port Arthur, TX | Metro: Beaumont-Port Arthur, TX MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $900 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,120 |
| 3 Bedrooms | $1,460 |
| 4 Bedrooms | $1,790 |
| 5 Bedrooms | $2,076 |
| 6 Bedrooms | $2,325 |
| 7 Bedrooms | $2,511 |
| 8 Bedrooms | $2,637 |
U.S. Census Bureau data (2024)
The ZIP code 77625 is situated in a suburban area characterized by a modest population size of 9,049 residents. With 21.6% of the population renting their homes, it suggests a community where a significant portion of residents are looking for affordable housing options. The median household income in this area is $70,517, indicating a middle-class neighborhood where residents have sufficient financial stability to support rental obligations. The median home value stands at $217,790, reflecting a relatively affordable real estate market compared to more urbanized areas.
Moving into the realm of rent economics, the Fair Market Rent (FMR) for ZIP 77625 as of the fiscal year 2024 is set at $1,020. This figure is slightly below the reported market rent of $1,047 based on Census ACS data. This discrepancy highlights an opportunity for landlords who can leverage the lower FMR to attract Section 8 tenants while still achieving rents close to the market rate, thereby maximizing occupancy and minimizing vacancy risks.
For hands-off voucher operators, ZIP 77625 presents a viable investment opportunity due to the manageable size of the rental pool and the proximity of FMR to market rates. However, for hands-on value-add buyers, there is potential to improve property values and rents above the current market average, given the middle-class demographic and the existing affordability of the real estate market. These investors might find success by focusing on upgrades that appeal to a broader tenant base, thus increasing the overall profitability of their properties.
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.