Location: Lynn County, TX | Metro: Lynn County, TX HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $750 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,600 |
| 5 Bedrooms | $1,856 |
| 6 Bedrooms | $2,079 |
| 7 Bedrooms | $2,245 |
| 8 Bedrooms | $2,357 |
U.S. Census Bureau data (2024)
ZIP code 79383, located in Lynn County, TX HUD Metro FMR Area, has a Fair Market Rent (FMR) of $910 for FY 2024. This figure is slightly below the Lynn County average FMR of $933 for a two-bedroom home in FY 2025.
The lack of specific market rent and home value data for ZIP 79383 makes it challenging to fully categorize it within the broader context of the Lynn County HUD Metro FMR Area. However, the high renter share of 62.5% suggests that this ZIP code could be an attractive area for landlords participating in the Section 8 program.
Typically, ZIP codes with high renter shares but lower-than-average home values can indicate a sweet spot for Section 8 properties. While the exact market rent and home values are not available, the lower FMR compared to the county average might suggest that 79383 could be a value pocket within the Lynn County HUD Metro FMR Area.
To confirm this inference, landlords should consider conducting further research into local real estate trends and rental dynamics within ZIP 79383 to better understand its potential as a Section 8 investment opportunity.
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.