Section 8 Fair Market Rent (FMR) for ZIP 77950 - 2027

Location: Refugio County, TX | Metro: Aransas County, TX HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$990
1 Bedroom	$1,080
2 Bedrooms	$1,320
3 Bedrooms	$1,800
4 Bedrooms	$1,930
5 Bedrooms	$2,239
6 Bedrooms	$2,508
7 Bedrooms	$2,709
8 Bedrooms	$2,844

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

178

Median Household Income

$35,417

Housing Units

177

Renter Percentage

13.0%

Occupancy Rate

52.0%

Renter Occupied

ZIP code 77950, located in Texas, is a region that offers a unique blend of suburban living with access to urban amenities. The area is characterized by its mix of residential neighborhoods and commercial developments, making it an interesting market for real estate investors.

The Fair Market Rent (FMR) for a two-bedroom apartment in the metro area for fiscal year 2026 is set at $1,310.
The renter share of the population stands at 13.0%, indicating a moderate demand for rental properties.
The median household income in the area is $35,417, which is below the national average and suggests that tenants may be price-sensitive.
The median home value is currently listed as N/A, suggesting that there might be limited data available on home values, or the area could have a low concentration of owner-occupied homes.
The days on market (DOM) for properties is also listed as N/A, which could mean that sales activity is either too sporadic or not well-documented to provide a reliable average.

In summary, ZIP code 77950 presents a modest opportunity for landlords and small-portfolio investors, particularly those looking to cater to budget-conscious renters. With a fair market rent of $1,310 for a two-bedroom unit, the area's rental rates align with the income levels of residents, ensuring a stable tenant base. However, the lack of data on median home values and days on market indicates potential challenges in assessing property appreciation and turnover rates. Investors should focus on properties that can be rented out at competitive rates while maintaining quality to attract and retain tenants.

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.