Location: Burnet County, TX | Metro: Austin-Round Rock-San Marcos, TX MSA
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 | $1,330 |
| 1 Bedroom | $1,410 |
| 2 Bedrooms | $1,670 |
| 3 Bedrooms | $2,120 |
| 4 Bedrooms | $2,490 |
| 5 Bedrooms | $2,888 |
| 6 Bedrooms | $3,235 |
| 7 Bedrooms | $3,494 |
| 8 Bedrooms | $3,669 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,670 | $286,391 | 0.58% | F |
| 3BR | $2,120 | $376,309 | 0.56% | F |
| 4BR | $2,490 | $466,039 | 0.53% | F |
| 5BR | $2,888 | $946,612 | 0.31% | F |
U.S. Census Bureau data (2024)
The ZIP code 78654, located in Marble Falls, TX, stands out within Burnet County due to its unique demographic and economic characteristics. With a population of 20,650 residents, the area has a rental rate of 33.3%, indicating a significant portion of the community relies on leased properties. The median income here is $74,130, which is notably higher than the national average, suggesting a relatively affluent neighborhood. This affluence is further reflected in the median home value of $405,238, positioning it among the more expensive residential markets in the region.
When considering the Section 8 housing voucher program, the Fair Market Rent (FMR) for ZIP 78654 in fiscal year 2024 is set at $1,470. This figure is slightly below the market rent, as indicated by the Zillow Observed Rent Index (ZORI), which stands at $1,488. This minor discrepancy between the FMR and the actual market rent suggests that landlords accepting vouchers can expect rents to closely match the market rates, minimizing financial impact.
Evaluating the overall data signature of ZIP 78654, it reads as stable. The high median income and median home value suggest a robust local economy and a strong property market. The slight difference between the FMR and ZORI indicates that the housing voucher program is well-aligned with the local rental market, making it a viable option for landlords who wish to participate. Given these factors, Marble Falls appears to be a solid choice for those interested in the Section 8 program, offering both financial security and alignment with market conditions.
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.