Location: El Paso, TX | Metro: El Paso, TX HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,080 |
| 1 Bedroom | $1,310 |
| 2 Bedrooms | $1,550 |
| 3 Bedrooms | $2,110 |
| 4 Bedrooms | $2,590 |
| 5 Bedrooms | $3,004 |
| 6 Bedrooms | $3,364 |
| 7 Bedrooms | $3,633 |
| 8 Bedrooms | $3,815 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $2,110 | $363,551 | 0.58% | F |
| 4BR | $2,590 | $407,801 | 0.64% | D |
| 5BR | $3,004 | $477,983 | 0.63% | D |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP 79911 is poised for stability and potential growth, given the current median home value of $392,961. The fact that only 0.1% of listings have been reduced signals strong seller pricing power. Landlords and small-portfolio investors can expect to maintain their current pricing levels without significant concessions to buyers.
A key indicator of this market's health is the 37-day median days on market (DOM), which is relatively low. This suggests that homes are selling quickly, indicating a robust demand environment where properties move swiftly from listing to sale. Such a scenario supports the notion that pricing power will remain strong over the next 12-24 months.
On the rental side, the Forward Monthly Rent (FMR) for ZIP 79911 in fiscal year 2024 is set at $1,730, compared to the current market rate of $1,453 according to the Census ACS. This discrepancy presents an opportunity for landlords to gradually increase rents towards the FMR level, capturing the growing valuation of the area.
For long-term investors, the setup implies a realistic appreciation thesis. The low DOM and minimal reductions in listing prices suggest that the area is attractive to both buyers and renters, driving up property values. Over time, this could translate into higher resale values for homes, making ZIP 79911 a solid investment choice for those looking to hold onto their properties for several years.
The combination of strong seller pricing power and the potential for rent increases points to a market that is likely to see steady appreciation rather than speculative bubbles. Investors should focus on maintaining high-quality properties and keeping them competitive in terms of price and amenities to ensure they capture the full value of this positive trend.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.