Location: Kenedy County, TX | Metro: Kenedy County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,010 |
| 1 Bedroom | $1,180 |
| 2 Bedrooms | $1,440 |
| 3 Bedrooms | $1,720 |
| 4 Bedrooms | $2,070 |
| 5 Bedrooms | $2,401 |
| 6 Bedrooms | $2,689 |
| 7 Bedrooms | $2,904 |
| 8 Bedrooms | $3,049 |
U.S. Census Bureau data (2024)
ZIP 78385, located in Sarita, Texas, is well-suited as a diversifier within a Section 8 portfolio strategy. The area boasts a significant 39.6% renter share, indicating strong demand for rental properties. Additionally, the median income of $39,342 aligns closely with the income levels of tenants eligible for Section 8 assistance.
The Family Monthly Rent (FMR) for the Kingsville metro area, which includes ZIP 78385, is set at $1,470 for fiscal year 2026. While specific market and median home value data were not available, the high renter share suggests that there is a robust need for affordable housing options, making Section 8 properties highly desirable. Landlords and small-portfolio investors can benefit from the stability that comes with government-backed rental assistance programs.
A key advantage of including ZIP 78385 in a Section 8 portfolio is its location within a small metro area where the cost of living is 28.7% lower than the national average. This means that the $1,470 FMR represents a competitive rent in the local market, ensuring that properties remain occupied and providing consistent cash flow.
The area's primary industries are agriculture and energy, which contribute to a stable economic base. Moreover, the presence of a college town nearby can further support the rental market with students and faculty seeking affordable housing options.
In summary, ZIP 78385 serves as an ideal diversifier for a Section 8 portfolio due to its high renter share, alignment with median incomes, and competitive FMR within a lower-cost-of-living region. This combination ensures steady occupancy and reliable cash flow for landlords and investors.
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.