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RentData.org Logo Somervell County Fair Market Rent FY 2022 Somervell County, TX Rental Data

Fair Market Rent Prices in Somervell County, TX :
$616 $694 $833 $1,183 $1,358
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Non-Metro

Fair Market Rent prices in Somervell County are average compared to the national average. This FMR area is more expensive than 74% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Somervell County is $833 per month.

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 8,650 people based on latest Census data.

Compared to the rest of Texas, the Somervell County FMR area is more expensive than 72% of the state.

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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 $ 647
1-BR 1-Bedroom $ 729
2-BR 2-Bedroom $ 875
3-BR 3-Bedroom $ 1243
4-BR 4-Bedroom $ 1358
Change Year:

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 8,650
Zip Codes in Somervell County, TX

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

76077

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