Location: Houston-The Woodlands-Sugar Land, 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 | $1,220 |
| 1 Bedroom | $1,250 |
| 2 Bedrooms | $1,480 |
| 3 Bedrooms | $1,990 |
| 4 Bedrooms | $2,470 |
| 5 Bedrooms | $2,865 |
| 6 Bedrooms | $3,209 |
| 7 Bedrooms | $3,466 |
| 8 Bedrooms | $3,639 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,480 | $290,616 | 0.51% | F |
| 3BR | $1,990 | $404,965 | 0.49% | F |
| 4BR | $2,470 | $562,381 | 0.44% | F |
U.S. Census Bureau data (2024)
The ZIP code 77650, located in Port Bolivar, TX, stands out due to its unique demographic and economic characteristics. With a population of 2,322 residents, it has a notably low rental rate of just 4.0%, indicating that most residents own their homes. The median income for the area is $61,745, which is relatively modest but supports a median home value of $388,356, suggesting a comfortable standard of living for homeowners.
Moving to the specifics of Section 8 housing assistance, the Fair Market Rent (FMR) for ZIP 77650 in fiscal year 2024 is set at $1,330. However, the market rent data is currently unavailable, making it challenging to compare the FMR to the actual rental rates. This lack of current market data could be indicative of limited rental activity or a predominantly owner-occupied community.
The data signature for ZIP 77650 reads as stable. The high median home value coupled with a low rental rate suggests that the majority of the population is invested in homeownership, which typically implies long-term residency and stability. Additionally, the median income supports the ability of residents to maintain their homes without significant financial strain, further reinforcing the stable nature of the community.
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.