Location: Winkler County, TX | Metro: Winkler County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $850 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,120 |
| 3 Bedrooms | $1,340 |
| 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)
The Fair Market Rent (FMR) for ZIP code 79745, as set by the U.S. Department of Housing and Urban Development for metro fiscal year 2026, is $990. This figure represents the payment standard for Section 8 vouchers in your area, which is the maximum amount the program will pay toward your tenant's rent. It does not represent the total rent you can charge, but rather the subsidy portion.
In comparison, the average rent in ZIP 79745 is $1,071, according to recent Census American Community Survey (ACS) data. This indicates that while the FMR is slightly below the market rate, it still provides a significant subsidy to tenants, making housing more affordable for those who qualify.
With 15.2% of residents being renters, there is a notable demand for rental properties in your area. This suggests that landlords can find tenants relatively easily, especially if they participate in the Section 8 program, which attracts low-income renters who need financial assistance.
The median household income in ZIP 79745 is $132,168. This figure is important when considering the potential acquisition cost of a property. If you're looking to purchase a rental property, understanding the income levels of prospective tenants can help you assess the feasibility of the investment and ensure that the rents charged are reasonable given the local economy.
Before deciding to enter the Section 8 market, it is crucial to verify that your property meets all the required standards for habitability and safety. HUD has strict guidelines on what qualifies as a livable space, and failure to meet these standards could result in penalties or disqualification from the program.
To summarize, the FMR of $990 provides a clear benchmark for the subsidy amount you can expect from the Section 8 program. Given the average rent of $1,071 and a 15.2% renter share, the demand for affordable housing is present. However, the median income of $132,168 should be considered when determining the acquisition cost and overall investment strategy. Ensure your property complies with HUD’s standards to avoid any issues.
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.