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 | $950 |
| 1 Bedroom | $980 |
| 2 Bedrooms | $1,130 |
| 3 Bedrooms | $1,500 |
| 4 Bedrooms | $1,760 |
| 5 Bedrooms | $2,042 |
| 6 Bedrooms | $2,287 |
| 7 Bedrooms | $2,470 |
| 8 Bedrooms | $2,594 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,500 | $261,955 | 0.57% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 77879 in fiscal year 2024 is set at $1,030. This figure represents the payment standard for Section 8 housing vouchers, which is the amount the government will pay toward your tenant's rent. It does not represent the total rent you can charge, but rather the maximum subsidy the government will provide.
In comparison, the average market rent in ZIP 77879 is approximately $1,577, according to the latest Census American Community Survey data. This indicates that landlords participating in the Section 8 program might receive a lower rent subsidy compared to the local market rate, but it also ensures a steady and reliable income stream since the government covers the subsidy portion.
The renter share in this area stands at 18.7%, suggesting a moderate demand for rental properties. Given that nearly one in five households are renters, there is a consistent pool of potential tenants who could benefit from Section 8 vouchers.
If you're considering purchasing a property to become a Section 8 landlord, the median home value in ZIP 77879 is around $206,589. This figure reflects the typical acquisition cost for a single-family home in the area, which is important when calculating your return on investment.
Before committing to a Section 8 rental property, verify that the unit meets the Housing Quality Standards (HQS). These standards ensure the property is safe, decent, and sanitary, and failing to meet them can result in reduced payments or even termination of the contract.
To summarize, while the FMR of $1,030 is lower than the average market rent of $1,577, the stable income and the moderate demand from renters make ZIP 77879 a viable option for your first Section 8 rental. Ensure compliance with HQS to avoid any issues and to guarantee a smooth and profitable venture.
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.