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 | $740 |
| 1 Bedroom | $920 |
| 2 Bedrooms | $1,080 |
| 3 Bedrooms | $1,470 |
| 4 Bedrooms | $1,800 |
| 5 Bedrooms | $2,088 |
| 6 Bedrooms | $2,339 |
| 7 Bedrooms | $2,526 |
| 8 Bedrooms | $2,652 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $920 | $148,241 | 0.62% | D |
| 2BR | $1,080 | $165,499 | 0.65% | D |
| 3BR | $1,470 | $202,131 | 0.73% | D |
| 4BR | $1,800 | $255,024 | 0.71% | D |
U.S. Census Bureau data (2024)
The ZIP code 79930 in El Paso, TX, presents a unique challenge for renters and landlords alike. The median income for households in this area stands at $42,099, while the market rate for rent is $1,221 per month, known as the ZORI (Zillow Observed Rent Index). This places a significant financial burden on renters, who must allocate nearly one-third of their annual income towards housing.
In contrast, the Fair Market Rent (FMR) for the fiscal year 2024, which is the standard used for Section 8 voucher payments, is set at $1,030 per month. This means that a household receiving a Section 8 voucher would pay only 30% of their adjusted income towards rent, with the remainder covered by the voucher up to the $1,030 limit. Given the median income, this translates to a substantial reduction in monthly housing costs compared to the market rate.
The ZIP code has a high concentration of renters, with 53.7% of the 24,123 population租房者。这表明该地区对负担得起的住房有很高的需求，给房东带来了激烈的竞争。那些接受Section 8补助的家庭可能会优先考虑更经济实惠的选择，以适应他们的财政状况。
对于考虑Section 8补助与现金支付策略的房东来说，关键在于了解市场动态和租户需求。虽然接受Section 8可能意味着每月收入略低于市场租金，但考虑到该地区的高租房率和收入限制，它可能是一个吸引稳定租户的有效途径。此外，Section 8补助可以减少空置率，因为这些补助通常会被急需负担得起住房的家庭所利用。
房东应该权衡接受Section 8补助的风险和好处，同时考虑市场需求。在ZIP代码79930中，提供符合FMR标准的出租物业可以帮助房东吸引并保留租户，尤其是在当前市场租金远高于许多家庭能够承担的情况下。
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.