Location: Scurry County, TX | Metro: Fisher County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $970 |
| 1 Bedroom | $980 |
| 2 Bedrooms | $1,270 |
| 3 Bedrooms | $1,760 |
| 4 Bedrooms | $1,830 |
| 5 Bedrooms | $2,123 |
| 6 Bedrooms | $2,378 |
| 7 Bedrooms | $2,568 |
| 8 Bedrooms | $2,696 |
U.S. Census Bureau data (2024)
The ZIP code 79545, with a population of 1,798, is characterized by a relatively low percentage of renters at 13.4%. This indicates that it is not a renter-heavy area but rather one dominated by homeowners. The median household income stands at $58,482, which provides context for evaluating rental affordability.
The market rent in this area is $1,254 per month. To understand the financial burden this places on residents, we can calculate that typical rent consumes approximately 21.4% of the median household income. This is derived by dividing the monthly rent by the annual median income and multiplying by 12. In comparison, the Fair Market Rent (FMR) for the metro area, set at $1,020 for FY 2026, suggests that the market rent in ZIP 79545 exceeds the FMR by $234 per month.
Given these figures, landlords in ZIP 79545 should anticipate a tenant pool that is likely to struggle with the higher-than-FMR rents. Many potential tenants may have difficulty affording the $1,254 market rent without assistance, considering that it eats into over one-fifth of their average monthly income. Landlords who wish to attract Section 8 tenants must be prepared to accept rents closer to the FMR figure of $1,020 to remain competitive and attractive to voucher holders.
The expected tenant profile in this ZIP code would include individuals and families who are financially constrained and rely on government assistance for housing. They may prioritize affordable housing options and seek properties that offer value for their rent-to-income ratio. Landlords should consider the possibility of lower vacancy rates if they align their rents with the FMR, making their units more accessible to those with Section 8 vouchers.
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.