Location: Kerr County, TX | Metro: San Antonio-New Braunfels, 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 | $900 |
| 1 Bedroom | $1,040 |
| 2 Bedrooms | $1,170 |
| 3 Bedrooms | $1,530 |
| 4 Bedrooms | $1,540 |
| 5 Bedrooms | $1,786 |
| 6 Bedrooms | $2,000 |
| 7 Bedrooms | $2,160 |
| 8 Bedrooms | $2,268 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,530 | $484,520 | 0.32% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 78010 in fiscal year 2024 is set at $1240. This figure represents the maximum amount that a landlord can charge for rent under the Section 8 program. It's important to note that this is not the actual rent you will receive; it's the benchmark against which the rent is determined.
In contrast, the average rent for the area, according to the Census Bureau's American Community Survey, is approximately $489. This discrepancy highlights the potential advantage of participating in Section 8, as the government aims to ensure that rents are affordable for low-income families while also being fair to landlords.
The 20.2% share of renters in ZIP 78010 indicates a significant portion of the population that relies on rental housing. This suggests a steady demand for rental properties, including those available through Section 8. However, the FMR is higher than the average local rent, which means that Section 8 participants might find it easier to secure housing in your property compared to other options in the area.
If you're looking to acquire a new rental property in this ZIP code, the median home value stands at $418,898. This figure can help you assess whether the long-term financial benefits of a Section 8 rental align with the initial investment required to purchase the property.
Before committing to a Section 8 rental, verify that your property meets all the necessary requirements for the Housing Quality Standards (HQS). These standards ensure that the property is safe, decent, and sanitary for tenants. Meeting these criteria is essential for approval and continued participation in the program.
By understanding the FMR, average local rent, and the percentage of renters in ZIP 78010, you can make an informed decision about whether Section 8 is a viable option for your portfolio. The demand for affordable housing is present, and the financial framework provided by the government can offer stability and predictability in rental income.
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.