Location: Victoria, TX | Metro: Victoria, TX MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,140 |
| 1 Bedroom | $1,150 |
| 2 Bedrooms | $1,430 |
| 3 Bedrooms | $1,700 |
| 4 Bedrooms | $1,940 |
| 5 Bedrooms | $2,250 |
| 6 Bedrooms | $2,520 |
| 7 Bedrooms | $2,722 |
| 8 Bedrooms | $2,858 |
1250 FMR (zip FY 2024) indicates the Fair Market Rent for ZIP 77973 is set at $1250 per month, which provides a benchmark for rental pricing in the area. N/A market rent reflects the lack of recent data on average rental prices, suggesting that the local market may be less volatile or less frequently updated compared to larger metropolitan areas.
N/A median home value shows there is no current data available for the median home value in ZIP 77973, but the neighborhood predominantly consists of single detached homes built around the early 1990s, offering many options with two or three bedrooms. N/A% renter share suggests that the exact percentage of renters in the area is not readily available, though the presence of single-family homes might indicate a higher proportion of homeowners.
N/A median income highlights the absence of recent data on the median household income in the area. However, the housing stock and the environment described suggest a stable community. N/A-day DOM indicates that the exact days on market for properties in ZIP 77973 is not specified, but the neighborhood's characteristics imply a steady demand for homes.
N/A% price-cut share suggests that there is no recent data indicating the percentage of homes that have had their prices reduced. Given the stable housing options and the tranquil environment, it is likely that the real estate market in ZIP 77973 remains relatively consistent without significant fluctuations requiring price adjustments.
1932 Guadalupe River Dr, TIVOLI, TX 77990, listed at $175,000, exemplifies the type of property available in the vicinity, featuring 1 bed, 1 bath, and 656 sq ft. This listing by Re/max Land & Homes on the Bay gives an idea of the current real estate offerings in the area.
Given the data, the verdict on Section 8 eligibility in ZIP 77973 is positive, with the $1250 FMR aligning well with the types of properties and the overall stability of the real estate market in the area.
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.