Location: Aransas County, TX | Metro: Corpus Christi, 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 | $1,060 |
| 1 Bedroom | $1,150 |
| 2 Bedrooms | $1,420 |
| 3 Bedrooms | $1,890 |
| 4 Bedrooms | $2,090 |
| 5 Bedrooms | $2,424 |
| 6 Bedrooms | $2,715 |
| 7 Bedrooms | $2,932 |
| 8 Bedrooms | $3,079 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,420 | $163,612 | 0.87% | C |
| 3BR | $1,890 | $263,910 | 0.72% | D |
U.S. Census Bureau data (2024)
The economics of Section 8 in ZIP code 78336, which encompasses Aransas Pass, TX, and parts of San Patricio County, revolve around the $1210 SAFMR (Site-Specific Area Fair Market Rent) for a two-bedroom apartment in fiscal year 2024. This SAFMR is specifically tailored for this ZIP code, reflecting the unique housing market conditions here. In comparison, the local market rent for a similar unit is $1,147 according to the Census ACS data.
A landlord participating in the Section 8 program receives a reimbursement from the government based on the voucher holder's income and the SAFMR. The reimbursement formula is straightforward: it covers the difference between the tenant's contribution and the SAFMR. The tenant's portion is generally 30% of their adjusted monthly income, but there are limits set by HUD. For instance, if a tenant's income is low enough, their contribution could be capped at a lower figure, ensuring they do not pay more than they can afford.
In addition to the base rental amount, the voucher also includes an allowance for utilities. These utility allowances vary based on the size of the unit and the location, but they are designed to cover reasonable costs for electricity, gas, water, and sewerage. Landlords should note that these allowances are not directly tied to the actual utility bills of the tenant, and they must ensure that the total rent plus utilities does not exceed the SAFMR.
To illustrate, let's assume a tenant has an adjusted monthly income of $1,000. Their contribution would be 30%, or $300. If the SAFMR for a two-bedroom apartment is $1210, then the government would reimburse the landlord the difference, which is $910. However, if the local market rent is $1,147, the landlord might find themselves in a situation where the reimbursement is less than the market rent. In this case, the reimbursement would still be capped at the SAFMR, meaning the landlord would receive $910 from the government, leaving a potential reimbursement gap of $237 ($1,147 - $910).
This gap represents the shortfall between what the landlord could charge in the open market and what they receive under the Section 8 program. Conversely, if the market rent were below the SAFMR, landlords could potentially see a surplus, where the reimbursement exceeds the market rent. For ZIP 78336, given the SAFMR of $1210 and the market rent of $1,147, landlords will typically face a reimbursement gap of $237 per month for a two-bedroom unit.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.