Section 8 Fair Market Rent (FMR) for ZIP 79546 - 2027

Location: Stonewall County, TX | Metro: Fisher 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	$1,470
5 Bedrooms	$1,705
6 Bedrooms	$1,910
7 Bedrooms	$2,063
8 Bedrooms	$2,166

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,597

Median Household Income

$58,984

Housing Units

941

Renter Percentage

25.3%

Occupancy Rate

76.1%

Renter Occupied

181

The ZIP code 79546, located in the heart of West Texas, is characterized by its rural landscape and modest economic conditions. The area offers a unique opportunity for investors interested in properties that cater to both homeowners and renters.

Fair Market Rent (FMR): The FMR for the metro area in fiscal year 2026 is set at $970, indicating the maximum amount HUD will pay for a rental unit in this area.
Market Rent: According to the Census ACS, the average market rent in ZIP 79546 is $575, suggesting a significant gap between actual rents and the FMR.
Median Home Value: The median home value stands at $71,552, making it one of the most affordable areas for investment in terms of property acquisition.
Renter Share: With 25.3% of the population being renters, there is a notable demand for rental properties, although it's a smaller percentage compared to urban centers.
Days on Market (DOM): Data on the typical days a property remains on the market before selling is not available, which could imply either a stable market or a lack of recent sales activity.
Median Income: The median household income is $58,984, providing insight into the economic status of potential tenants and buyers.

In summary, ZIP 79546 presents a balanced opportunity for real estate investment, particularly in rental properties. The substantial difference between the Fair Market Rent and the actual market rent suggests a chance to attract government-subsidized tenants. The low median home value indicates a potentially lucrative entry point for property purchases. However, the relatively low renter share and unavailability of DOM data might require further investigation into local real estate trends and the stability of the housing market. Given the median income, investors should ensure that rents and mortgage payments remain within the affordability range of the local populace to maintain a steady occupancy rate and property value growth.

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.