Section 8 Fair Market Rent (FMR) for ZIP 78061 - 2027

Location: Zavala County, TX | Metro: Frio County, TX

Investment Score for ZIP 78061

N/A
Monthly Rent (2BR)
$1,210
Median Price (2BR)
$N/A
1% Rule
0%
Annual Yield
0%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$920
1 Bedroom$960
2 Bedrooms$1,210
3 Bedrooms$1,560
4 Bedrooms$1,740
5 Bedrooms$2,018
6 Bedrooms$2,260
7 Bedrooms$2,441
8 Bedrooms$2,563

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
3BR $1,560 $202,837 0.77% D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
10,500
Median Household Income
$60,247
Housing Units
3,662
Renter Percentage
44.0%
Occupancy Rate
87.2%
Renter Occupied
1,407

The ZIP code 78061, with a population of 10,500, is predominantly a renter-heavy area, with 44.0% of residents being tenants. This indicates a significant portion of the population that relies on rental housing, which can translate into strong demand for Section 8 vouchers.

The median household income in this ZIP is $60,247, while the average market rent stands at $983 per month. This means that typical rent consumes approximately 19.6% of the median household's annual income. In comparison, the Fair Market Rent (FMR) for the area is set at $1,090 per month, reflecting a higher benchmark that may be challenging for some tenants to meet without assistance.

The gap between the market rent and the FMR suggests that landlords in ZIP 78061 should anticipate a tenant pool that includes individuals and families who are likely to need the support of Section 8 vouchers to afford housing. These tenants will be carefully vetted by the government program, ensuring they meet income eligibility requirements, typically not exceeding 50% of the area median income.

In summary, landlords in ZIP 78061 should prepare for a high volume of rental applications, particularly from those seeking affordable housing options through Section 8 vouchers. The expected tenants will have an income level below $60,247, necessitating financial aid to cover their monthly rent payments.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.