Location: Uvalde County, TX | Metro: Real County, TX
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 | $940 |
| 1 Bedroom | $950 |
| 2 Bedrooms | $1,240 |
| 3 Bedrooms | $1,560 |
| 4 Bedrooms | $1,900 |
| 5 Bedrooms | $2,204 |
| 6 Bedrooms | $2,468 |
| 7 Bedrooms | $2,665 |
| 8 Bedrooms | $2,798 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,560 | $240,466 | 0.65% | D |
U.S. Census Bureau data (2024)
The ZIP code 78801 is situated in a neighborhood characterized by a moderate population size of 21,607 residents. Approximately 30.1% of these residents are renters, indicating a significant demand for rental properties. The median household income in this area is $54,161, which suggests that it is a middle-income neighborhood. Median home values stand at $182,566, reflecting a stable housing market where property values are reasonable but not excessively high.
Turning to the economic landscape for landlords and small-portfolio investors, the Fair Market Rent (FMR) for ZIP 78801, as set for metro areas in fiscal year 2026, is $1,150. This figure is notably higher than the current market rent, which is reported at $1,005 according to the Census ACS. This discrepancy between the FMR and the market rent implies that there could be opportunities for hands-on operators to add value to their properties through improvements or strategic management practices, thereby justifying higher rents closer to the FMR level.
For hands-off voucher operators, ZIP 78801 offers a favorable environment due to the relatively low market rent compared to the FMR. The potential to receive a higher rent payment through Section 8 vouchers makes it an attractive option for those who prefer passive income without the need for extensive property management. However, for those looking to actively manage and improve their investment properties, the current market conditions present an opportunity to enhance the value of the properties and command rents closer to the FMR.
In conclusion, ZIP 78801 caters well to both hands-off voucher operators and hands-on value-add buyers. Voucher operators can benefit from the difference between the FMR and the market rent, while active investors have the chance to increase property values and rents through strategic enhancements and management techniques.
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.