Location: Donley County, TX | Metro: Donley County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,210 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
U.S. Census Bureau data (2024)
The ZIP code 79237 stands out due to its unique demographic composition and economic factors. With only 503 residents, it has a very low population density, which is unusual for most urban areas. Additionally, the ZIP code has a rental rate of 13.0%, indicating that a significant portion of the housing stock is owner-occupied. The median income of $59,688 is relatively modest compared to larger metropolitan areas, but it provides a stable financial foundation for the community.
The voucher economics in ZIP 79237 reveal an interesting disparity between the Fair Market Rent (FMR) and the actual market rent. The FMR for the fiscal year 2026 is set at $970, whereas the Census ACS reports the market rent at $622. This suggests that landlords participating in the Section 8 program can expect higher rental income, aligning with the government's guidelines rather than the local market rates. For small-portfolio investors, this means potential for better returns on investment properties within this ZIP code.
The data signature for ZIP 79237 reads as stable. Despite the limited population size, the median income supports a steady economic environment. The disparity between the FMR and market rent offers a compelling opportunity for landlords who are willing to accept vouchers. Given these factors, ZIP 79237 appears to be a reliable area for real estate investments, particularly those involving the Section 8 program.
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.