Location: Zapata County, TX | Metro: Zapata County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,210 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
U.S. Census Bureau data (2024)
The ZIP code 78564, located in Zapata County, TX, presents itself as a diversifier within a Section 8 portfolio strategy. This classification is based on the high renter share of 61.7%, indicating a strong demand for rental properties. Given the median family income data is currently unavailable, we must rely on the significant rental population to inform our strategy.
With the Fair Market Rent (FMR) for the metro area set at $970 for fiscal year 2026, landlords and small-portfolio investors can leverage this information to ensure their rental properties remain competitive. The lack of specific market data for ZIP 78564 makes it difficult to assess the exact spread between the FMR and the local market rent, but the high renter share suggests that rental properties here can be a stable source of income.
A key consideration for diversification is the balance between risk and reward. ZIP 78564 offers a unique opportunity to expand into a market with a substantial tenant base, which can help stabilize cash flow. However, due to the absence of detailed market and median home value data, investors should proceed with caution, ensuring thorough research and possibly consulting local real estate experts.
In conclusion, ZIP 78564 serves best as a diversifier in a Section 8 portfolio. The high renter share provides a solid foundation for rental investments, while the need for further local market analysis helps mitigate potential risks associated with less transparent data.
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.