Location: College Station-Bryan, TX | Metro: College Station-Bryan, 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 | $1,170 |
| 1 Bedroom | $1,230 |
| 2 Bedrooms | $1,340 |
| 3 Bedrooms | $1,860 |
| 4 Bedrooms | $2,210 |
| 5 Bedrooms | $2,564 |
| 6 Bedrooms | $2,872 |
| 7 Bedrooms | $3,102 |
| 8 Bedrooms | $3,257 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,340 | $172,951 | 0.77% | D |
| 3BR | $1,860 | $280,430 | 0.66% | D |
| 4BR | $2,210 | $373,117 | 0.59% | F |
| 5BR | $2,564 | $464,610 | 0.55% | F |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP 77802, Bryan, TX, suggests a stable environment with limited downward pressure on home values. The median home value stands at $286,004, indicating a robust housing market. A mere 0.2% of listings have been reduced, which points to strong seller confidence and pricing power. This reduction rate is exceptionally low, implying that sellers are not feeling compelled to lower their asking prices to attract buyers. Additionally, the median days on market (DOM) of 39 days reflects a brisk pace of sales, further supporting the notion that homes are selling close to their asking price.
On the rental side, the Federal Market Rent (FMR) for ZIP 77802 is projected to be $1,200 for fiscal year 2024, slightly below the current market ZORI (Zillow Observed Rent Index) of $1,220. This indicates that rental rates are currently higher than the government's benchmark, which could provide some cushion against downward rental rate pressures. However, the gap between the FMR and ZORI is narrow, suggesting that rental rates are unlikely to rise significantly in the near term.
For long-term hold investors, the data implies a cautious approach to expectations regarding property appreciation. While the current market conditions suggest stability, the limited reduction in listing prices and the modest difference between FMR and ZORI indicate that significant appreciation is improbable. Instead, the focus should be on maintaining steady rental income and considering the potential for gradual increases in property values tied to broader economic factors rather than local market dynamics.
In summary, the combination of a high median home value, low listing reductions, and short DOM periods signals a market where sellers retain considerable pricing power. On the rental front, while there is some room for maintaining current rates, substantial growth is unlikely. Long-term investors should anticipate modest gains in property value and concentrate on sustainable rental yields.
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.