Location: Culberson County, TX | Metro: Hudspeth County, TX HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,080 |
| 1 Bedroom | $1,180 |
| 2 Bedrooms | $1,280 |
| 3 Bedrooms | $1,770 |
| 4 Bedrooms | $1,910 |
| 5 Bedrooms | $2,216 |
| 6 Bedrooms | $2,482 |
| 7 Bedrooms | $2,681 |
| 8 Bedrooms | $2,815 |
U.S. Census Bureau data (2024)
The ZIP code 79847 stands out due to its unique demographic and economic characteristics. With only 201 residents, it is one of the smallest ZIP codes in terms of population size. Despite its small size, 46.0% of the residents rent their homes, indicating a significant portion of the housing market is dedicated to rental properties. The median income in ZIP 79847 is $50,938, which provides a stable financial foundation for the community. However, the median home value is not available, suggesting that there might be limited data on homeownership within this area.
When it comes to Section 8 vouchers, the Fair Market Rent (FMR) for ZIP 79847 is set at $1250 for fiscal year 2024. This figure represents the maximum amount that a voucher holder can pay towards their rent. It is important to note that the market rent data for this ZIP code is also not available, making it difficult to compare the FMR against typical market rates. Nonetheless, landlords and small-portfolio investors should consider the FMR as a benchmark for setting rents that will attract voucher holders.
The data signature for ZIP 79847 suggests a transitional environment. The high percentage of renters combined with a median income that supports rental payments indicates an active rental market. However, the lack of median home value data implies that homeownership may be less prevalent or that there is insufficient data to make a determination. For investors, this means that while there is potential for steady rental income, the overall stability of the housing market cannot be fully assessed without additional information on property values and market rents.
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.