Section 8 Fair Market Rent (FMR) for ZIP 79510 - 2027
Location: Coleman County, TX | Metro: Abilene, TX MSA
FY 2027 Fair Market Rent Rates
| Unit Size |
Monthly FMR |
| Studio | $910 |
| 1 Bedroom | $920 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,490 |
| 4 Bedrooms | $1,790 |
| 5 Bedrooms | $2,076 |
| 6 Bedrooms | $2,325 |
| 7 Bedrooms | $2,511 |
| 8 Bedrooms | $2,637 |
Demographics & Housing Statistics
U.S. Census Bureau data (2024)
Median Household Income
$78,686
Housing Authorities Serving ZIP 79510
The area surrounding ZIP code 79510, located in Clyde, Texas, is characterized by a stable housing market with a mix of owner-occupied and rental properties. This region offers a glimpse into the dynamics of small-town living, where affordability and accessibility play key roles in attracting residents.
- Fair Market Rent (FMR) for a two-bedroom apartment in ZIP 79510 is set at $1040 for fiscal year 2024. This figure represents the maximum amount that low-income families should pay for housing, indicating a moderate cost of living in the area.
- The average market rent for a two-bedroom apartment is $900, according to the latest Census ACS data. This suggests that the actual rental rates are slightly below the FMR, potentially offering some flexibility for landlords in setting competitive rents.
- The median home value in the area is $216,265. This value reflects the typical price of homes in ZIP 79510, providing a benchmark for property values that can inform investment decisions.
- Renters make up 18.5% of the housing market in Clyde, TX. This percentage indicates a smaller but still significant demand for rental properties, suggesting opportunities for those willing to cater to this segment.
- The median household income in the area is $78,686. This economic indicator shows that Clyde, TX has a relatively healthy income level, which can support both homeownership and rental markets.
- Data on days on market (DOM) is currently unavailable. This absence of information means that landlords and investors must rely on other metrics to gauge the speed of property turnover and market responsiveness.
In summary, ZIP 79510 presents a balanced opportunity for real estate investment, particularly in rental properties. The slightly lower market rent compared to the FMR provides a margin for competitive pricing, while the median home value and income levels suggest a stable economic foundation. With a modest renter share, there is room for growth in the rental sector, making it a viable option for landlords and small-portfolio investors looking to enter or expand in Clyde, TX.
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.