Location: Atascosa County, TX | Metro: Atascosa County, TX HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $850 |
| 1 Bedroom | $1,020 |
| 2 Bedrooms | $1,110 |
| 3 Bedrooms | $1,460 |
| 4 Bedrooms | $1,460 |
| 5 Bedrooms | $1,694 |
| 6 Bedrooms | $1,897 |
| 7 Bedrooms | $2,049 |
| 8 Bedrooms | $2,151 |
U.S. Census Bureau data (2024)
To understand how Section 8 economics work in ZIP 78012, it's crucial to know the Specific Area Fair Market Rent (SAFMR) for a two-bedroom apartment, which is set at $1240 for fiscal year 2024. This SAFMR is specifically designated for this ZIP code, reflecting the unique rental market conditions within 78012.
The SAFMR of $1240 represents the maximum amount that the housing authority will pay towards a landlord's rent for a two-bedroom unit. However, the actual payment received by landlords depends on the tenant's contribution and any utility allowances. Typically, tenants are required to pay 30% of their adjusted income towards rent. If a tenant's adjusted income is $1000 per month, they would contribute $300 towards the rent. The remaining $940 ($1240 - $300) would be covered by the Section 8 program.
In addition to the base rent, there can be utility allowances. These vary based on the type of utilities included in the rent and the number of bedrooms. For a two-bedroom unit, the utility allowance might range from $100 to $200 per month. Therefore, if the utility allowance is $150, the total reimbursement to the landlord would be $1090 ($940 + $150).
This means that in ZIP 78012, the reimbursement gap or surplus for a two-bedroom apartment is calculated as follows:
Given the lack of specific data on local market rents for ZIP 78012, it's essential to monitor trends closely. Landlords should regularly assess the local rental market to ensure they are pricing their units appropriately to avoid significant financial gaps or surpluses.
In summary, the Section 8 voucher system in ZIP 78012 caps the maximum reimbursement at $1240 for a two-bedroom apartment, with actual payments varying based on tenant contributions and utility allowances. Landlords must consider these factors alongside the local market rent to determine the economic viability of participating in the program.
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.