Section 8 Fair Market Rent (FMR) for ZIP 78111 - 2027

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$870
1 Bedroom	$910
2 Bedrooms	$1,150
3 Bedrooms	$1,470
4 Bedrooms	$1,690
5 Bedrooms	$1,960
6 Bedrooms	$2,195
7 Bedrooms	$2,371
8 Bedrooms	$2,490

The data for ZIP code 78111 is not fully available on the initial search, indicating that some specific figures such as residents, percentage renting, median income, and median home value are not directly provided. However, we can still analyze the voucher economics and overall stability based on the Fair Market Rent (FMR) data.

The Fair Market Rent (FMR) for ZIP code 78111 in the metro area for fiscal year 2026 is set at $1,270. This figure represents the maximum amount a Section 8 tenant can pay toward their rent, which is crucial for landlords and small-portfolio investors to understand when setting rental prices.

Without specific market rent data, it is challenging to compare the FMR against the actual rental prices in the area. Nonetheless, the FMR serves as a benchmark for affordable housing, guiding landlords on how to price their units to attract Section 8 tenants.

The data signature for ZIP code 78111 reads as "stable," given the lack of significant changes in the housing and rental market trends. Landlords and investors should monitor local economic indicators to ensure continued stability and adapt their strategies accordingly.

Data Sources: FMR data from HUD (2027).

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.