Section 8 Fair Market Rent (FMR) for ZIP 79532 - 2027

Location: Scurry County, TX | Metro: Mitchell County, TX

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$780
1 Bedroom	$920
2 Bedrooms	$1,010
3 Bedrooms	$1,380
4 Bedrooms	$1,510
5 Bedrooms	$1,752
6 Bedrooms	$1,962
7 Bedrooms	$2,119
8 Bedrooms	$2,225

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,029

Median Household Income

$49,643

Housing Units

455

Renter Percentage

20.1%

Occupancy Rate

69.0%

Renter Occupied

The ZIP code 79532, located in Texas, offers a unique blend of rural charm and suburban convenience, making it an attractive location for both tenants and investors. This area is characterized by a mix of single-family homes and rental properties, with a growing interest in affordable housing solutions.

The Fair Market Rent (FMR) for a two-bedroom apartment in the metro area for fiscal year 2026 is set at $970, indicating a stable demand for moderately priced rentals.
The average market rent, according to the Census ACS, stands at $373, suggesting that there is significant room for growth in rental prices without becoming unaffordable to residents.
The median home value in ZIP 79532 is $87,948, which is relatively low compared to other areas in Texas, making it an ideal spot for first-time homebuyers and investors looking for affordable entry points.
Renters make up 20.1% of the housing stock, showing a substantial portion of the population relies on rental properties, which can be beneficial for landlords seeking steady occupancy rates.
The median income in the area is $49,643, providing insight into the economic profile of potential tenants and buyers.

Investors should note the discrepancy between the Fair Market Rent and the current market rent, indicating potential for increasing rental yields. The low median home value suggests opportunities for property appreciation over time. With a significant share of renters and a median income that supports modest rents, landlords and small-portfolio investors can expect stable returns in ZIP 79532. However, they must remain vigilant about market trends and tenant needs to capitalize fully on these conditions.

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.