Location: McMullen County, TX | Metro: McMullen County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $810 |
| 1 Bedroom | $870 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,310 |
| 4 Bedrooms | $1,520 |
| 5 Bedrooms | $1,763 |
| 6 Bedrooms | $1,975 |
| 7 Bedrooms | $2,133 |
| 8 Bedrooms | $2,240 |
U.S. Census Bureau data (2024)
19.1% of residents in ZIP code 78072 are renters, indicating a significant demand for rental properties in the area. $37,198 is the median income for this ZIP code, which provides insight into the financial capacity of potential tenants. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,030, a figure that landlords should be aware of when setting rents to ensure they remain competitive yet profitable. This FMR is established by the U.S. Department of Housing and Urban Development (HUD) and serves as a benchmark for rental pricing in the area.
The lack of data on market rent and median home value suggests that these metrics may not be as reliable or consistently reported for ZIP 78072, making it crucial for investors to rely on HUD's FMR for guidance. The absence of information on days on market (DOM) and the percentage of price-cut shares indicates that there might not be enough transactions or listings to provide meaningful averages, but this also implies stability in property values and minimal competition among sellers.
In ZIP 78072, the rental market is driven by the significant portion of renters and the established FMR. Landlords can leverage the median income figure to gauge the affordability of their properties for prospective tenants. Given the 19.1% renter share, there is a notable opportunity for rental investments that align with the $1,030 FMR, ensuring compliance with HUD standards while maximizing profitability.
$1,030 is the key figure for any landlord or small-portfolio investor looking to enter the ZIP 78072 rental market, as it represents the maximum amount that can be charged for a Section 8 voucher holder. With a median income of $37,198, the local economy supports a steady stream of tenants who can benefit from this subsidy, making Section 8 properties both viable and attractive.
The verdict for Section 8 in ZIP 78072 is positive, given the high renter share and the alignment between median income and FMR, creating a stable and sustainable investment environment.
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.