Location: Ochiltree County, TX | Metro: Ochiltree County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $850 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,120 |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | $1,610 |
| 5 Bedrooms | $1,868 |
| 6 Bedrooms | $2,092 |
| 7 Bedrooms | $2,259 |
| 8 Bedrooms | $2,372 |
U.S. Census Bureau data (2024)
The market in ZIP code 79093 presents a unique snapshot that suggests a dynamic environment where long-term housing pressures are minimal. With a Fair Market Rent (FMR) of $1,050 as set for the fiscal year 2026, it indicates a stable baseline for rental pricing in the area. However, the absence of data on market rent, price-cut share, days on market (DOM), and median home value leaves significant gaps in understanding the immediate supply and demand dynamics.
The 0.0% renter share statistic stands out, revealing that the area is predominantly composed of homeowners rather than renters. This characteristic points towards a market where there is little to no competition for rental properties, suggesting that demand for rentals is currently low. In such a scenario, landlords might find it challenging to attract tenants if they do not offer competitive rental terms or amenities.
Despite the lack of recent market rent data, the FMR provides insight into what is considered a fair rent for the area, which can serve as a benchmark for setting rental prices. Landlords should ensure their rental rates align closely with this figure to remain attractive to potential renters. The absence of information on price-cut share and DOM implies that the market may not be experiencing rapid fluctuations, indicating a relatively steady state for now.
The median home value being listed as N/A could mean several things: either the data is not readily available, or the area might have a very diverse range of property values that makes it difficult to establish a median. For small-portfolio investors, this ambiguity underscores the need for thorough local market research before making investment decisions.
In summary, ZIP 79093 appears to be a market where homeownership dominates, leading to a situation where long-term housing pressures are less pronounced compared to areas with higher renter shares. The stability suggested by the FMR and the lack of fluctuating data points towards a market where supply and demand are likely balanced, but the specifics would require further investigation into local trends and conditions.
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.