Location: Medina County, TX | Metro: Medina County, 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 | $1,040 |
| 1 Bedroom | $1,100 |
| 2 Bedrooms | $1,360 |
| 3 Bedrooms | $1,760 |
| 4 Bedrooms | $2,010 |
| 5 Bedrooms | $2,332 |
| 6 Bedrooms | $2,612 |
| 7 Bedrooms | $2,821 |
| 8 Bedrooms | $2,962 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,760 | $551,530 | 0.32% | F |
| 4BR | $2,010 | $653,584 | 0.31% | F |
U.S. Census Bureau data (2024)
The ZIP code 78056, located within the Medina County, TX HUD Metro FMR Area, has an FMR (Fair Market Rent) of $1500 for fiscal year 2024. This figure represents the rental cost threshold set by HUD for determining eligibility for certain housing assistance programs.
Comparatively, the market rent data for ZIP 78056 is not available, which could indicate that the area is primarily focused on homeownership rather than renting. The median home value in this ZIP is $550,796, significantly higher than what might be considered average for the county. This suggests that 78056 is a premium sub-market within its larger metro area, characterized by higher-end residential properties.
The renter share in ZIP 78056 stands at 5.4%, which is relatively low compared to many urban areas where renter shares can exceed 50%. However, in a predominantly homeowner-focused region such as Medina County, TX, a lower renter share is expected. Despite this, the combination of a low renter share and a high median home value indicates that 78056 is not a typical value pocket for Section 8 investments.
Given the specific figures, it's evident that ZIP 78056 leans towards being a premium sub-market within its metro area. Landlords and small-portfolio investors looking to enter this ZIP should expect competition from other property owners who are likely targeting higher-income tenants. The lack of market rent data further supports the idea that this area is less attractive for those seeking immediate rental income opportunities through Section 8.
To summarize, while ZIP 78056 offers a valuable investment opportunity due to its high median home value and the established FMR of $1500, it is not an ideal location for Section 8 investments given the low renter share and absence of market rent data. Investors should focus on areas with a higher proportion of renters for better alignment with HUD guidelines and Section 8 program objectives.
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.