Location: Lavaca County, TX | Metro: Victoria, 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 | $1,040 |
| 1 Bedroom | $1,040 |
| 2 Bedrooms | $1,300 |
| 3 Bedrooms | $1,560 |
| 4 Bedrooms | $1,720 |
| 5 Bedrooms | $1,995 |
| 6 Bedrooms | $2,234 |
| 7 Bedrooms | $2,413 |
| 8 Bedrooms | $2,534 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,560 | $237,131 | 0.66% | D |
U.S. Census Bureau data (2024)
The ZIP code 77995, located within the Lavaca County, TX metro area, presents an interesting case when compared against typical ZIP codes in the same county. The Fair Market Rent (FMR) for 77995 is set at $1070 for fiscal year 2024, which is notably higher than the market rent of $920. This suggests that the rental rates in 77995 are slightly above what the market would naturally dictate, possibly due to the presence of government-subsidized housing programs such as Section 8.
The median home value in 77995 is $219,684, which is a significant figure indicating a moderate to upper-middle class residential area. However, the renter share stands at 30.7%, which is relatively high. In most cases, a high renter share combined with below-average home values might indicate a Section 8 sweet spot, but in this instance, the home values are not particularly low for the metro area.
To determine if 77995 is a value pocket, a mid-tier neighborhood, or a premium sub-market, we need to consider the interplay between these figures. Given that the FMR exceeds the market rent, it indicates a potential subsidy advantage for landlords participating in Section 8. Additionally, the higher-than-average renter share suggests a demand for affordable housing options, which could be met through Section 8 vouchers.
However, the median home value of $219,684 places 77995 in a middle-ground scenario. It's neither excessively high nor low compared to other areas within the metro. Therefore, 77995 can be classified as a mid-tier neighborhood with some characteristics that make it attractive for Section 8 participation. Landlords and small-portfolio investors should note the subsidy gap, where they might receive more than the market rent, thus balancing the higher-than-average property values.
A key point of interest is the divergence between the FMR and market rent. This gap suggests that landlords in 77995 who accept Section 8 vouchers could benefit from receiving higher rents than the local market average, making it a strategic location for those interested in government-subsidized tenants. The relatively high renter share also points to a strong demand for rental properties, which could lead to better occupancy rates and stability for landlords.
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.