Section 8 Fair Market Rent (FMR) for ZIP 77807 - 2027

Location: College Station-Bryan, TX | Metro: College Station-Bryan, TX MSA

Investment Score for ZIP 77807

Monthly Rent (2BR)

$1,250

Median Price (2BR)

$258,168

1% Rule

0.48%

Annual Yield

5.81%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,090
1 Bedroom	$1,150
2 Bedrooms	$1,250
3 Bedrooms	$1,730
4 Bedrooms	$2,060
5 Bedrooms	$2,390
6 Bedrooms	$2,677
7 Bedrooms	$2,891
8 Bedrooms	$3,036

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
2BR	$1,250	$258,168	0.48%	F
3BR	$1,730	$281,876	0.61%	D
4BR	$2,060	$318,091	0.65%	D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

13,227

Median Household Income

$74,375

Housing Units

6,124

Renter Percentage

44.5%

Occupancy Rate

87.5%

Renter Occupied

2,385

The ZIP code 77807 in Bryan, TX, is a renter-heavy area with significant potential for Section 8 tenants. With a population of 13,227, nearly half (44.5%) of residents are renters, indicating a strong demand for rental properties. The median household income stands at $74,375, which is higher than the Fair Market Rent (FMR) threshold for Section 8 eligibility. However, this does not necessarily limit the number of voucher holders.

The typical market rent in this area is $1,735, which represents approximately 23.3% of the median household income. This means that even without a voucher, many residents can afford the average rent. For those relying on vouchers, the maximum amount allowed under the FMR for ZIP 77807 is $1,240 (FY 2024), which is below the market rate, suggesting that voucher holders will need to find properties willing to accept lower rents or seek additional subsidies.

To put this into perspective, let's break down the financial implications:

Market Rent vs. Income: At $1,735 per month, the average rent consumes about 23.3% of the median income. This is a reasonable figure but still significant, especially for low-income families who might qualify for Section 8 assistance.
FMR vs. Market Rent: The FMR of $1,240 is notably lower than the market rent, meaning that voucher holders will have difficulty finding properties at their budget level unless landlords agree to accept the lower amount.

A landlord in ZIP 77807 should expect tenants who are likely to be part of low-income families, possibly including single parents, elderly individuals, or disabled persons. These tenants will rely heavily on the Section 8 voucher program to subsidize their housing costs. Given the disparity between FMR and market rent, landlords may need to be flexible with pricing to attract and retain these tenants. Additionally, they should be prepared to manage the administrative requirements associated with the Section 8 program, such as periodic inspections and compliance checks.

In conclusion, while the ZIP code has a substantial renter population, the income levels suggest that it is an area where landlords can expect a mix of tenants, some of whom will require assistance through the Section 8 program. The challenge lies in balancing the financial expectations with the realities of the voucher system to ensure a steady and stable tenant base.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.