Section 8 Fair Market Rent (FMR) for ZIP 79013 - 2027

Location: Moore County, TX | Metro: Moore County, TX

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$770
1 Bedroom	$780
2 Bedrooms	$1,010
3 Bedrooms	$1,290
4 Bedrooms	$1,700
5 Bedrooms	$1,972
6 Bedrooms	$2,209
7 Bedrooms	$2,386
8 Bedrooms	$2,505

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

3,048

Median Household Income

$45,106

Housing Units

1,041

Renter Percentage

67.4%

Occupancy Rate

89.0%

Renter Occupied

624

ZIP code 79013, located within the Moore County, TX metro area, presents an interesting comparison when analyzing its Fair Market Rent (FMR) of $970 for fiscal year 2026 and its current market rent of $816. These figures suggest that 79013 leans towards being a value pocket within its metro area. The FMR, which is used to determine eligibility for housing assistance programs such as Section 8, is notably higher than the actual market rent, indicating that properties here could be more affordable for renters receiving subsidies.

The high renter share of 67.4% in ZIP 79013 further supports this inference. Typically, a high proportion of renters suggests a strong demand for rental properties, which can be beneficial for landlords and small-portfolio investors looking to capitalize on Section 8 tenants. However, the absence of specific home value data means we cannot definitively state that home values are below the metro average, but the combination of lower market rents and a high renter share points to a scenario where this ZIP code could indeed be a sweet spot for Section 8 investment.

To provide context, let's consider typical characteristics of ZIP codes within the Moore County, TX metro area. Generally, ZIPs with a significant portion of renters and relatively low market rents compared to their FMR are seen as attractive areas for Section 8 participation. This is because landlords can potentially receive higher rents through the Section 8 program while still offering affordable housing options to tenants.

Summary:

The FMR of $970 for ZIP 79013 is higher than the market rent of $816, suggesting it is a value pocket within the metro.
A 67.4% renter share indicates strong demand for rentals, making it appealing for Section 8 investors.
The lack of home value data prevents a direct comparison, but the existing figures imply a potential sweet spot for affordable housing investments.

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.