Section 8 Fair Market Rent (FMR) for ZIP 79236 - 2027

Location: King County, TX | Metro: Dickens County, TX

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$820
1 Bedroom$860
2 Bedrooms$1,080
3 Bedrooms$1,410
4 Bedrooms$1,550
5 Bedrooms$1,798
6 Bedrooms$2,014
7 Bedrooms$2,175
8 Bedrooms$2,284

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
197
Median Household Income
$45,789
Housing Units
164
Renter Percentage
51.0%
Occupancy Rate
59.8%
Renter Occupied
50

The classification of ZIP code 79236 hinges upon its unique blend of yield and stability factors. With a Fair Market Rent (FMR) of $1,010 for the fiscal year 2026, this area stands out for its potential rental yield, especially considering that the market and home values are currently unreported, suggesting a niche market ripe for investment.

In terms of stability, the ZIP code exhibits a robust foundation with 51.0% of residents being renters, indicating a stable demand for rental properties. However, the lack of data regarding days on market (DOM) introduces an element of uncertainty, making it difficult to gauge the speed at which properties can be leased or sold. The median household income of $45,789 provides a moderate level of financial security for tenants, though it is below average compared to many metropolitan areas, which could affect rent payment reliability.

Given the available data, ZIP 79236 appears to be a market that offers a balance between yield and stability. It is not a high-yield/low-stability flip-style market, as there is insufficient evidence to suggest rapid turnover or speculative investment opportunities. Instead, it leans towards a steady-cashflow zone due to the consistent rental demand and moderate income levels supporting regular rent payments. However, the absence of key metrics such as market value and DOM means that while the potential for steady cash flow is present, there is also a need for caution and thorough local market research before committing to investment.

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.