Location: College Station-Bryan, TX | Metro: College Station-Bryan, TX MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $990 |
| 1 Bedroom | $1,040 |
| 2 Bedrooms | $1,130 |
| 3 Bedrooms | $1,560 |
| 4 Bedrooms | $1,860 |
| 5 Bedrooms | $2,158 |
| 6 Bedrooms | $2,417 |
| 7 Bedrooms | $2,610 |
| 8 Bedrooms | $2,741 |
U.S. Census Bureau data (2024)
The ZIP code 77803, located in Bryan, TX, within the College Station-Bryan, TX MSA, exhibits characteristics that position it as a mid-tier neighborhood. The Fair Market Rent (FMR) for ZIP 77803 is set at $1,070 for fiscal year 2024, while the average market rent stands at $1,406. This suggests that the rental prices are slightly above the FMR, indicating a market that is somewhat competitive but not excessively so.
The median home value in ZIP 77803 is $203,357, which is reflective of a middle-class area where homeownership is accessible to a broad range of income levels. A significant portion of the population in this ZIP code are renters, with a renter share of 36.6%. This percentage is notable, as it suggests a substantial demand for rental properties.
When compared to typical ZIP codes within the College Station-Bryan, TX MSA, the data for ZIP 77803 aligns well with mid-range expectations. The FMR and market rent suggest that it is neither a low-cost value pocket nor a high-end premium sub-market. Instead, it represents a balanced segment of the housing market, where both rental and home ownership options are available.
The relatively high renter share combined with below-average home values for the metro area indicates that there could be an opportunity for landlords and small-portfolio investors who are looking to enter a market with steady demand for rental units. However, it does not necessarily signal a Section 8 sweet spot; rather, it points towards a neighborhood where rental housing is prominent due to factors such as proximity to colleges and universities, which often attract a large number of students and young professionals.
In summary, ZIP 77803 in Bryan, TX, appears to be a mid-tier neighborhood within the College Station-Bryan, TX MSA. It offers a mix of affordable home ownership and competitive rental markets, making it a viable option for investors seeking stability and reasonable returns.
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.