Location: Washington County, TX | Metro: Austin County, 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 | $1,100 |
| 1 Bedroom | $1,150 |
| 2 Bedrooms | $1,450 |
| 3 Bedrooms | $1,810 |
| 4 Bedrooms | $2,000 |
| 5 Bedrooms | $2,320 |
| 6 Bedrooms | $2,598 |
| 7 Bedrooms | $2,806 |
| 8 Bedrooms | $2,946 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,450 | $515,890 | 0.28% | F |
| 3BR | $1,810 | $654,029 | 0.28% | F |
U.S. Census Bureau data (2024)
The ZIP code 77835, located in Burton, TX, has a population of 2,569 residents. Only 9.2% of these residents are renters, indicating that this area is predominantly dominated by homeowners rather than renters. This low percentage of renters suggests that the demand for Section 8 vouchers is likely to be relatively scarce.
The median household income in ZIP 77835 is $109,917, which is significantly higher than the average rental market rate in the area. Unfortunately, specific market rent figures for Burton, TX are not available in the provided data. However, we can compare the median income to the Fair Market Rent (FMR), which is set at $970 for FY 2024. Given this FMR, typical rent would consume approximately 9.7% of the median household income. This is calculated by taking the FMR of $970 and dividing it by the monthly median income ($109,917 / 12 months = $9,159.75), then multiplying by 100 to get the percentage.
A landlord in ZIP 77835 should expect tenants who are likely to have stable incomes and who may not require government assistance for housing. The scarcity of Section 8 vouchers in this area means that tenants relying on such assistance will be less common. Landlords might find themselves dealing with individuals or families who can afford market-rate rents without the need for subsidies.
In summary, ZIP 77835 is not a renter-heavy area with deep voucher demand. Instead, it is an area where homeownership is prevalent, and the few renters present are likely to be financially capable of paying market rates without assistance. The expected tenant profile includes individuals and families with stable financial backgrounds and the ability to cover rent costs comfortably from their income.
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.