Section 8 Fair Market Rent (FMR) for ZIP 77866 - 2027

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

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,010
1 Bedroom$1,070
2 Bedrooms$1,160
3 Bedrooms$1,610
4 Bedrooms$1,910
5 Bedrooms$2,216
6 Bedrooms$2,482
7 Bedrooms$2,681
8 Bedrooms$2,815

To classify ZIP code 77866 in terms of real estate yield and stability for Section 8 investors, we need to consider the available data points. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,200. This figure indicates the potential rental income that can be expected from properties in this ZIP code under the Section 8 program. However, the specific market rent and home values for ZIP 77866 are not provided, which means we cannot directly compare these against the FMR to gauge the yield advantage.

Moving on to stability, the percentage of renters, average days on market (DOM), and median income for the area are also missing. Without these metrics, it's challenging to assess the long-term stability of the rental market in ZIP 77866. The absence of such data suggests an incomplete picture of the local economic conditions that could affect tenant retention and property maintenance costs.

Given the available information, ZIP 77866 appears to offer a moderate yield opportunity due to the known FMR. However, the lack of market-specific data points makes it difficult to categorize this ZIP as either high-yield or low-stability. The classification leans towards being a steady-cashflow zone, assuming the FMR closely aligns with the actual market rents. For definitive analysis, more detailed local data is required.

Investors should proceed with caution, seeking additional local insights before making investment decisions. A thorough understanding of the local rental market dynamics, including vacancy rates, tenant turnover, and maintenance costs, would provide a clearer indication of the stability and yield potential in ZIP 77866.

Data Sources: FMR data from HUD (2027).

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.