Location: Yoakum County, TX | Metro: Terry County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $830 |
| 1 Bedroom | $980 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,580 |
| 5 Bedrooms | $1,833 |
| 6 Bedrooms | $2,053 |
| 7 Bedrooms | $2,217 |
| 8 Bedrooms | $2,328 |
U.S. Census Bureau data (2024)
The Section 8 housing market in ZIP code 79355, located in Yoakum County, Texas, presents a favorable opportunity for landlords and small-portfolio investors. The HUD Fair Market Rent (FMR) for the area, set at $1,050 for the fiscal year 2026, significantly exceeds the market rent reported by the Census Bureau's American Community Survey, which stands at $883. This discrepancy means that voucher tenants can cashflow comfortably at the HUD FMR, providing a steady and reliable income stream.
To further analyze the investment potential, consider the median home value in ZIP 79355, which is $182,926. Using the HUD FMR of $1,050, we calculate a rent-to-price ratio of approximately 6.8%. This indicates that rental properties are undervalued compared to the overall housing market, making it an attractive option for investors looking to capitalize on this imbalance.
Note that the data does not provide specific information on the median days on market (DOM) or the percentage of price cuts shared by sellers, but given the favorable rent-to-price ratio, it suggests that the rental market is strong relative to the buying market. This dynamic supports the notion that rental properties are likely to attract tenants quickly without significant negotiation on price.
The strongest angle for investors in ZIP 79355 is cashflow. With voucher rents well above market rates and a lower median home value, landlords can expect consistent positive cash flow from their investments. This makes the area particularly appealing for those prioritizing immediate financial returns over long-term capital appreciation or market stability.
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.