Section 8 Fair Market Rent (FMR) for ZIP 78350 - 2027

FY 2027 Fair Market Rent Rates

1,030 is the Fair Market Rent (FMR) for ZIP 78350 in metro FY 2026, setting a clear benchmark for rental properties in the area. However, the market rent remains unspecified, indicating a lack of recent data or significant variance within the ZIP code. Similarly, the median home value is unknown, suggesting either limited sales data or a diverse range of property values. The renter share percentage is also not available, which means we cannot determine the proportion of residents who are renters versus homeowners. Median income data is missing, leaving us without insight into the financial capabilities of the local population. Days on Market (DOM) is unreported, making it difficult to assess how quickly properties are typically sold in this area. Lastly, the price-cut share percentage is unavailable, so we cannot evaluate the frequency at which sellers reduce their asking prices.

1,030 being the only concrete figure here, highlights the importance of understanding the Fair Market Rent set by HUD for Section 8 participants. Landlords must ensure that their rental rates do not exceed this amount to qualify for the program. While the absence of other key metrics complicates a comprehensive analysis, the FMR provides a solid foundation for pricing decisions. It is imperative for landlords to closely monitor any updates to the FMR as it directly impacts eligibility and potential rental income.

Given the scarcity of additional data points, landlords and small-portfolio investors should focus on building a strong relationship with the local housing authority to stay informed about changes in the Section 8 landscape. They must also be prepared to adapt to the local rental market dynamics, which could be influenced by factors such as employment trends, new construction, and migration patterns, even though these specifics are currently undisclosed.

Section 8 verdict: With the Fair Market Rent at $1,030, landlords in ZIP 78350 can confidently set their rental prices within this limit, but should remain vigilant for any updates in local housing conditions and HUD guidelines.

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.