Section 8 Fair Market Rent (FMR) for ZIP 78358 - 2027

Location: Aransas County, TX | Metro: Aransas County, TX HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,080
1 Bedroom	$1,110
2 Bedrooms	$1,450
3 Bedrooms	$2,010
4 Bedrooms	$2,130
5 Bedrooms	$2,471
6 Bedrooms	$2,768
7 Bedrooms	$2,989
8 Bedrooms	$3,138

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

478

Median Household Income

$86,250

Housing Units

453

Renter Percentage

13.7%

Occupancy Rate

59.8%

Renter Occupied

The ZIP code 78358, located in Texas, is a burgeoning suburban area that has seen significant growth in recent years, attracting both residents and investors alike. The region offers a mix of residential and commercial opportunities, with a strong emphasis on family-friendly neighborhoods and affordable housing options.

Fair Market Rent (FMR): The Fair Market Rent for ZIP 78358 is set at $1,520 per month for fiscal year 2026, indicating a steady increase in rental values over time.
Market Rent: According to Census ACS data, the average market rent in the area is currently $1,148, which is below the FMR, suggesting potential for rental price increases.
Median Home Value: The median home value in ZIP 78358 stands at $253,145, providing a relatively low barrier to entry for property investors looking to purchase homes.
Renter Share: Renter share in the area is 13.7%, showing that homeownership remains the dominant trend, but there is still a notable portion of the population choosing to rent.
Days on Market (DOM): The data does not provide a specific figure for days on market, which could indicate either a very active market or a lack of recent sales activity.
Median Income: With a median household income of $86,250, the area reflects a middle-class demographic that can support higher rents and home values as the market matures.

The analysis reveals a promising market for real estate investment in ZIP 78358, particularly for those interested in rental properties. The gap between the current market rent and the Fair Market Rent suggests an upward trend in rental prices, making it a favorable time for landlords and small-portfolio investors to acquire properties. The median home value indicates that the area is still accessible for new investments, while the median income supports the potential for increased property values and rental rates as the community continues to develop. Although the exact days on market is not available, the other indicators suggest a stable and growing market, which is beneficial for long-term investments.

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.