Location: Karnes County, TX | Metro: DeWitt County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $830 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,380 |
| 4 Bedrooms | $1,690 |
| 5 Bedrooms | $1,960 |
| 6 Bedrooms | $2,195 |
| 7 Bedrooms | $2,371 |
| 8 Bedrooms | $2,490 |
U.S. Census Bureau data (2024)
The ZIP code 78151 stands out within its county due to its unique demographic and economic characteristics. With a total population of 1,378 residents, it has a significant rental market, where 50.5% of the residents are renters. The median income for households in this area is relatively low at $26,597, which contrasts sharply with the median home value of $157,698. This disparity suggests that homeownership is more expensive relative to income compared to many other areas.
Moving to the specifics of Section 8 vouchers, the Fair Market Rent (FMR) for ZIP 78151 in fiscal year 2026 is set at $1,020. However, the current market rent for the area is not available, making it difficult to compare the FMR to actual market conditions. Despite this lack of data, the FMR provides a benchmark for rental assistance in the area, helping to ensure that eligible tenants can afford housing without being overburdened by rent costs.
The data signature for ZIP 78151 reads as transitional. The high percentage of renters alongside the low median income indicates a possible shift towards greater reliance on rental assistance programs such as Section 8. As the local economy evolves and changes, the balance between homeownership and rental housing may also adjust, leading to potential fluctuations in both demand and supply dynamics.
Landlords and small-portfolio investors should take note of these trends when considering their investment strategies in ZIP 78151. While the median home value is high, the rental market is robust, and understanding the role of Section 8 vouchers could be crucial for navigating the local housing landscape effectively.
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.