Location: Deaf Smith County, TX | Metro: Deaf Smith County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $780 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,110 |
| 3 Bedrooms | $1,370 |
| 4 Bedrooms | $1,620 |
| 5 Bedrooms | $1,879 |
| 6 Bedrooms | $2,104 |
| 7 Bedrooms | $2,272 |
| 8 Bedrooms | $2,386 |
The median household income in ZIP code 79025 is reported as $-666,666,666, which appears to be an error or placeholder in the dataset. Without accurate income data, it's difficult to assess how much of the local income goes toward rent. However, given the small population, it can be inferred that the rental market is also quite limited.
To understand the rental dynamics, let's examine the market rents and compare them to the Fair Market Rent (FMR) established by HUD. The FMR for the area is set at $1,070 for FY 2026, reflecting the metro standard. Given the placeholder nature of the income data, we cannot accurately determine the percentage of income spent on rent. However, if we assume that the actual median household income is below average for the region, then typical rents could consume a significant portion of local incomes.
A search for specific rental data in ZIP code 79025 is required to make precise comparisons. Nonetheless, considering the FMR of $1,070, landlords should anticipate tenants who are likely to be heavily reliant on Section 8 vouchers. The voucher demand will be deep due to the low-income nature of the area, even though the overall number of renters will be small.
Landlords in ZIP code 79025 should expect tenants who qualify for Section 8 vouchers, indicating they are likely to have incomes well below the area median. These tenants will require properties that meet the quality standards set by the housing authority and will be seeking affordable housing options. Landlords must ensure their properties comply with all relevant regulations to participate effectively in the Section 8 program.
Given the limited population and potential reliance on government assistance programs, it is crucial for landlords to familiarize themselves with the local housing authority's requirements and processes for Section 8 participation. This will help in attracting and retaining tenants who benefit from these vouchers.
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.