RentData.org

RentData.org Logo Somervell County Fair Market Rent FY 2012 Somervell County, TX Rental Data

Fair Market Rent Prices in Somervell County, TX :
$460 $493 $584 $746 $811
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Somervell County are low compared to the national average. This FMR area is less expensive than 58% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Somervell County is $584 per month.

The previous year, rent for a two-bedroom home was $612 per month. This is a 4.58% decrease year-over-year.

This FMR rate applies to Rainbow, TX and other cities within the region. The Metro Code or CBSA code for this region is NCNTY48425N48425.

Additionally, This Fair Market Rent (FMR) area Somervell County, TX spans one county or city in Texas which is listed in the table below. Estimated population of Somervell County, TX FMR area is 6,809 people based on latest Census data.

Compared to the rest of Texas, the Somervell County FMR area is less expensive than 90% of the state.

Texas Rents Map

Click on the map to view more another region.

See Nationwide Map

What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Somervell County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Somervell County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 460
1-BR 1-Bedroom $ 493
2-BR 2-Bedroom $ 584
3-BR 3-Bedroom $ 746
4-BR 4-Bedroom $ 811
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2022 2023 2024 2025

There is just one county (listed below) within the Somervell County, TX FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Dallas - Ft. Worth.

County / Region Est. Population
Somervell County, TX 6,809
Zip Codes in Somervell County, TX

There is 1 unique zip code in this Fair Market Rent (FMR) area:

76077

Lookup Fair Market Rent by Zip Code

What's Next?

Here are some additional resources you may also be interested in:

Top