Location: Scurry County, TX | Metro: Fisher County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $880 |
| 1 Bedroom | $920 |
| 2 Bedrooms | $1,160 |
| 3 Bedrooms | $1,460 |
| 4 Bedrooms | $1,610 |
| 5 Bedrooms | $1,868 |
| 6 Bedrooms | $2,092 |
| 7 Bedrooms | $2,259 |
| 8 Bedrooms | $2,372 |
U.S. Census Bureau data (2024)
8.1% of residents in ZIP code 79526 are renters, indicating a modest demand for rental properties. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,060, which provides a benchmark for rental pricing. Landlords should note that the median market rent reported by the Census ACS is $1,229, slightly above the FMR, suggesting that there's room for competitive pricing without undercutting the market. For those considering purchasing properties, the median home value stands at $211,759, offering an entry point for investment in owner-occupied homes. However, the median income in the area is $83,843, which could limit the number of potential tenants who qualify for Section 8 housing assistance. Despite the lack of specific data on days on market (DOM) and the percentage of price-cut share, these figures would typically influence the speed of property turnover and the necessity for price adjustments. Given the available data, landlords and small-portfolio investors in ZIP 79526 should focus on properties that align with the FMR but can still command the higher market rents observed. The Section 8 program may face challenges due to the relatively high median income, but it remains a viable option for securing stable tenants.
The combination of a moderate renter share and a market rent above the FMR suggests that landlords can find opportunities to maintain or even increase their rental rates. However, the median income figure of $83,843 implies that the pool of eligible Section 8 tenants might be smaller than in areas with lower median incomes. This makes it crucial for landlords to understand the local rental market dynamics and the specific requirements of the Section 8 program in their region. Despite the limitations posed by the median income, the potential for higher rental yields and property appreciation based on the median home value of $211,759 presents a compelling case for investment. Landlords must weigh the benefits of guaranteed rental payments through Section 8 against the administrative complexities and eligibility criteria of the program.
Section 8 verdict: ZIP 79526 offers moderate opportunities for landlords interested in the Section 8 program, with a focus on properties priced close to the FMR to attract eligible tenants.
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.