Location: Presidio County, TX | Metro: Presidio County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $850 |
| 1 Bedroom | $870 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,470 |
| 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 median income in ZIP code 79843 stands at $45,263, while the market rate for rent is $477 according to the Census ACS. This means that the average household in this area cannot afford the market rate without significant financial strain. The Federal Market Rent (FMR) standard for voucher payments in the metro area for fiscal year 2026 is set at $1,190, which is considerably higher than the current market rate.
This disparity between the median income and the FMR suggests a notable affordability gap for tenants in ZIP 79843. Given that only 23.1% of the 2,633 residents are renters, competition among landlords for these tenants could be fierce, especially if they rely solely on market-rate rents. Landlords who wish to attract tenants may need to consider offering rental units that qualify for the housing voucher program.
The takeaway for landlords is clear: focusing on properties that can benefit from voucher payments can be a strategic move. While the number of potential renters is limited, aligning with the FMR of $1,190 can provide a more stable and predictable income stream compared to chasing the lower market-rate rents of $477. By accepting vouchers, landlords can tap into a federal subsidy that ensures timely and consistent rent payments, thereby reducing the risk of vacancies and delinquencies.
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.