Location: Live Oak County, TX | Metro: Atascosa County, TX HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $880 |
| 1 Bedroom | $990 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,500 |
| 4 Bedrooms | $1,600 |
| 5 Bedrooms | $1,856 |
| 6 Bedrooms | $2,079 |
| 7 Bedrooms | $2,245 |
| 8 Bedrooms | $2,357 |
U.S. Census Bureau data (2024)
ZIP code 78008, located within the Live Oak County, TX metro area, presents a unique profile compared to other ZIP codes in the county. The Fair Market Rent (FMR) for ZIP 78008 is set at $1140 for fiscal year 2024, which is a critical figure for landlords and small-portfolio investors interested in properties eligible for Section 8 housing assistance.
The 35.0% share of renters in ZIP 78008 suggests that a significant portion of the population relies on rental housing, potentially indicating a higher demand for affordable units. However, the lack of available data on market rent and home values complicates a direct comparison to other ZIP codes within the county. Despite this, we can make some inferences based on the information provided.
In a typical Live Oak County, TX ZIP code, the FMR serves as a benchmark for what is considered a reasonable rent for a given unit size. If the FMR of $1140 is significantly lower than the average market rent, it could suggest that ZIP 78008 is a value pocket where rents are more affordable. Conversely, if the FMR is close to or above the average market rent, it might indicate a mid-tier neighborhood where rents align more closely with the broader market trends.
The absence of market rent and home value data makes it challenging to definitively categorize ZIP 78008. However, the high renter share combined with the unknown but likely lower home values could signal a sweet spot for Section 8 investment. Landlords and investors should consider the potential for steady rental income supported by government subsidies, which can be particularly attractive in areas with a higher concentration of renters.
To further evaluate the investment potential of ZIP 78008, it would be beneficial to gather additional data on market rents and home values. This will provide a clearer picture of how the ZIP code compares to others in the Live Oak County, TX metro area and help identify if it truly represents a value pocket, a mid-tier neighborhood, or a premium sub-market.
Investors should also pay attention to local economic conditions, employment rates, and the availability of Section 8 vouchers in ZIP 78008 to understand the broader context of the rental market and the potential for long-term stability and returns.
Data Sources: FMR data from HUD (2027). 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.