Location: Atascosa 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 | $1,080 |
| 2 Bedrooms | $1,180 |
| 3 Bedrooms | $1,550 |
| 4 Bedrooms | $1,560 |
| 5 Bedrooms | $1,810 |
| 6 Bedrooms | $2,027 |
| 7 Bedrooms | $2,189 |
| 8 Bedrooms | $2,298 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,180 | $155,667 | 0.76% | D |
| 3BR | $1,550 | $264,627 | 0.59% | F |
| 4BR | $1,560 | $322,504 | 0.48% | F |
U.S. Census Bureau data (2024)
With a Fair Market Rent (FMR) set at $1390 for ZIP code 78064 in Pleasanton, TX, for fiscal year 2024, landlords can expect to receive a reasonable subsidy through the Section 8 program. The Census American Community Survey reports a market rent of $1,111, indicating that the FMR is higher than the average rental rate in the area, which could be beneficial for property owners seeking to cover costs and maintain profitability. The median home value in the region stands at $259,732, reflecting a stable housing market where property values are likely to remain steady or increase gradually. Given that 31.1% of residents are renters, there is a significant demand for affordable housing options, making Section 8 vouchers an attractive choice for both tenants and landlords. However, the median income of $66,887 suggests that while the area is economically sound, it may not be as lucrative for high-end rentals. Despite the lack of data on days on market (DOM), the low price-cut share of 0.3% indicates that homes are generally selling close to their asking price, a positive sign for real estate investors. This data paints a picture of a balanced market where Section 8 participation can be a reliable source of income for landlords and small-portfolio investors. In conclusion, the favorable subsidy rates compared to the local market rents, combined with the strong demand for rental properties and stable home values, make ZIP 78064 a suitable location for Section 8 investment.
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.