Section 8 Fair Market Rent (FMR) for ZIP 79778 - 2027

Location: Upton County, TX | Metro: Upton County, TX

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,020
1 Bedroom	$1,070
2 Bedrooms	$1,350
3 Bedrooms	$1,740
4 Bedrooms	$1,940
5 Bedrooms	$2,250
6 Bedrooms	$2,520
7 Bedrooms	$2,722
8 Bedrooms	$2,858

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,175

Median Household Income

$70,808

Housing Units

558

Renter Percentage

19.1%

Occupancy Rate

90.0%

Renter Occupied

The ZIP code 79778, located in Texas, is situated in a rural setting with limited large-scale housing developments. The area primarily consists of single-family homes and has a notable presence of renters, making it an interesting market for real estate investors focusing on rental properties.

Fair Market Rent: The Fair Market Rent for ZIP 79778 is set at $1,110 for the fiscal year 2026, indicating a stable demand for rental housing in the area.
Market Rent: According to the Census American Community Survey, the average market rent for the area is $564, which is significantly lower than the Fair Market Rent, suggesting potential opportunities for landlords to increase their rental income.
Renter Share: Renters make up 19.1% of the population, highlighting a consistent segment of residents who prefer or need to rent rather than own property.
Median Income: The median household income is $70,808, providing a financial context that supports the ability of residents to afford the aforementioned rents.

The discrepancy between the Fair Market Rent and the actual market rent presents a compelling opportunity for landlords and small-portfolio investors in ZIP 79778. With a significant portion of the population renting and a median income that can support higher rents, there is potential for rental properties to generate above-average returns. However, investors should be aware of the limited availability of large-scale housing options and consider the local economic factors that influence rental demand.

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.