Location: Beaumont-Port Arthur, TX | Metro: Beaumont-Port Arthur, TX MSA
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 | $1,240 |
| 1 Bedroom | $1,250 |
| 2 Bedrooms | $1,540 |
| 3 Bedrooms | $2,010 |
| 4 Bedrooms | $2,460 |
| 5 Bedrooms | $2,854 |
| 6 Bedrooms | $3,196 |
| 7 Bedrooms | $3,452 |
| 8 Bedrooms | $3,625 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $2,010 | $251,991 | 0.8% | D |
| 4BR | $2,460 | $358,559 | 0.69% | D |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 77713 in fiscal year 2024 is set at $1,440. This figure represents the maximum amount that the U.S. Department of Housing and Urban Development (HUD) will pay to landlords participating in the Section 8 program for a unit in this area. It's important to note that this is not the rent you can charge your tenant; it is the payment standard used by HUD.
To put this into context, the Zillow Observed Rental Index (ZORI), which reflects the average rental price for similar units in the area, is currently at $1,355. This means that the FMR is slightly higher than the market rate, providing a potential buffer for landlords who may be concerned about covering costs.
The 33.5% renter share indicates that approximately one-third of the households in this ZIP code are renters. This percentage highlights a steady demand for rental properties, making it a viable market for landlords looking to enter the Section 8 program. With a high proportion of renters, there is likely a significant pool of eligible tenants who would benefit from the assistance provided through Section 8.
When considering the acquisition cost of a property in ZIP code 77713, the median home value is around $256,545. This suggests that purchasing a rental property in this area could be relatively affordable compared to other regions, especially if you're looking to invest in a single-family home or a small portfolio.
Before you decide to participate in the Section 8 program with a property in ZIP code 77713, one key thing to verify is the condition of the property. The housing unit must meet HUD's minimum property standards, known as the Housing Quality Standards (HQS). Ensuring that your property complies with these standards is crucial, as failing to do so could result in penalties or loss of contract.
In summary, the FMR of $1,440 offers a clear benchmark for compensation under the Section 8 program, while the ZORI of $1,355 gives insight into the local market. With a renter share of 33.5%, there is a strong demand for rental properties, and an acquisition cost of $256,545 makes it an attractive investment opportunity. However, compliance with HQS is non-negotiable and must be confirmed before proceeding.
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.