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Gregg County/Longview/75604

75604

ZIPSAFMR
Gregg County, TX
Zillow

ZIP Investment Score

130High yield potential

095130300
BRFMR
Eff. Rent
0 BR$1,030$1,110
1 BR$1,040$1,050
2 BR$1,230$1,140
3 BR$1,610$1,700
4 BR$1,710$1,880
5 BR$1,966Not available
6 BR$2,261Not available
7 BR$2,601Not available
8 BR$2,991Not available

Purchase Price Calculator

Maximum purchase price
$107,487

Cost breakdown

+Likely effective rent$1,140
HUD FMR$1,230
Market rentUsed$1,140
Est. payment standard (95%)$1,170
-Principal and interest-$544
Loan amount$85,990
Down payment$21,497
Rate6.50%
Term30 years
-Operating costs-$396
Property taxes-$107
Insurance-$175
Utilities$0
HOA$0
Management-$114
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,546(86.3% ROI)
Projected value
$115,752
Return breakdown
Property appreciation+$8,265
Loan principal paid down+$3,081
Rental cash flow+$7,200
5-year hold
+$31,619(147.1% ROI)
Projected value
$121,612
Return breakdown
Property appreciation+$14,125
Loan principal paid down+$5,494
Rental cash flow+$12,000
10-year hold
+$67,196(312.6% ROI)
Projected value
$137,592
Return breakdown
Property appreciation+$30,105
Loan principal paid down+$13,091
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.90
1 BR
0.99
2 BR
1.08
3 BR
0.92
4 BR
0.85
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 75604 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 75604 (Longview, TX) is $1,230 a month. That is up 3.4% from $1,190 in FY 2026. Longview is in the Longview, TX HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,232. Among 17 ZIP codes in Gregg County, 75604 has the 10th-highest two-bedroom rent (county range $1,080–$1,380). The median county two-bedroom FMR in Texas is $1,105, so ZIP 75604 is 11% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 75604
BedroomsFY 2027Change90–110% range
Studio$1,030+3.0%$927–$1,133
1BR$1,040+3.0%$936–$1,144
2BR$1,230+3.4%$1,107–$1,353
3BR$1,610+1.3%$1,449–$1,771
4BR$1,710+1.8%$1,539–$1,881

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 75604
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,030$1,040$1,230$1,610$1,710
FY 2026$1,000$1,010$1,190$1,590$1,680
FY 2025$990$990$1,190$1,620$1,700
FY 2024$890$930$1,100$1,530$1,660
FY 2023$790$870$1,040$1,450$1,610

Two-bedroom rent in nearby Gregg County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 75604
75601$1,140−7.3%
75602$1,150−6.5%
75603$1,080−12.2%
75604Current$1,230—
75605$1,380+12.2%
75606$1,240+0.8%
75607$1,240+0.8%
75608$1,240+0.8%
75615$1,240+0.8%
75641$1,130−8.1%
75645$1,240+0.8%
75647$1,210−1.6%

Questions about ZIP 75604 rents

How much will Section 8 pay for a two-bedroom in ZIP 75604?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,232, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,109 to $1,355 a month; under the ZIP-level Small Area FMR of $1,230 it would be $1,107 to $1,353. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 75604 in?

ZIP 75604 is in the Longview, TX HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,232.

How much did fair market rent change in ZIP 75604 for FY 2027?

The two-bedroom FMR rose 3.4%, from $1,190 in FY 2026 to $1,230 in FY 2027. Since FY 2023 it has risen 18.3%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentLongview, TX fair market rentTX statewide rentsWhat is SAFMR?Data sources