Location: Donley County, TX | Metro: Collingsworth County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $780 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,300 |
| 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)
980 is the Fair Market Rent (FMR) for ZIP code 79251 as of metro fiscal year 2026, setting a clear benchmark for rental properties in this area. 0.0% is the reported renter share in ZIP 79251, indicating that virtually none of the residents are renters, which could suggest a challenge for landlords seeking tenants. While the market rent and median home value are listed as N/A, implying incomplete data, it's crucial to note that the lack of renters does not necessarily correlate with the absence of rental opportunities, but rather highlights the importance of understanding local dynamics. The median income figure is also not available, making it difficult to assess the financial capacity of potential residents. However, the 0.0% price-cut share suggests that properties are generally listed at their intended prices without the need for significant reductions. With a Fair Market Rent of $980, landlords can set competitive rates that align with HUD guidelines. The absence of daily Days on Market (DOM) and percentage of price-cut share data indicates stability in the rental market, although further investigation into local rental trends would be advisable. Given the specific context of Section 8 housing, the lack of renters and incomplete economic data present challenges. Landlords must carefully consider the potential demand for subsidized housing in ZIP 79251 before investing resources into Section 8 participation. In conclusion, while the Fair Market Rent provides a guideline, the low renter share and limited economic data suggest a cautious approach to Section 8 investment in this ZIP code.
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.