Section 8 Fair Market Rent (FMR) for ZIP 78065 - 2027

Location: Atascosa County, TX | Metro: Atascosa County, TX HUD Metro FMR Area

Investment Score for ZIP 78065

N/A
Monthly Rent (2BR)
$1,010
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$780
1 Bedroom$930
2 Bedrooms$1,010
3 Bedrooms$1,340
4 Bedrooms$1,340
5 Bedrooms$1,554
6 Bedrooms$1,740
7 Bedrooms$1,879
8 Bedrooms$1,973

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 $1,340 $279,845 0.48% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
11,695
Median Household Income
$57,200
Housing Units
4,302
Renter Percentage
21.4%
Occupancy Rate
86.7%
Renter Occupied
796

The ZIP code 78065 stands out in its county with a population of 11,695 residents, where 21.4% of them rent their homes. The median income in this area is $57,200, and the median home value is significantly higher at $233,583. This suggests that homeownership is relatively expensive compared to the average income, indicating a potentially affluent neighborhood with a strong preference for owning over renting.

In terms of Section 8 housing, the Fair Market Rent (FMR) for ZIP 78065 for fiscal year 2024 is set at $950, which is slightly below the market rate of $980 as reported by the Census Bureau's American Community Survey (ACS). This discrepancy means that landlords participating in the Section 8 program will receive a subsidy that is $30 less per month than the typical market rent, which could impact their decision to accept vouchers.

The data signature for ZIP 78065 reads as "stable." Despite the modest difference between the FMR and the market rent, the overall economic indicators suggest a steady community. With a high median home value and a median income that supports both ownership and rental markets, landlords and small-portfolio investors can expect consistent demand for properties, though they should be aware of the slight reduction in voucher amounts relative to market rates.

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.