Section 8 Fair Market Rent (FMR) for ZIP 78884 - 2027

Location: Uvalde County, TX | Metro: San Antonio-New Braunfels, TX HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$840
1 Bedroom	$860
2 Bedrooms	$1,100
3 Bedrooms	$1,410
4 Bedrooms	$1,650
5 Bedrooms	$1,914
6 Bedrooms	$2,144
7 Bedrooms	$2,316
8 Bedrooms	$2,432

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,171

Median Household Income

$84,271

Housing Units

670

Renter Percentage

31.9%

Occupancy Rate

66.9%

Renter Occupied

143

The ZIP code 78884, located in Texas, is characterized by its suburban setting, offering residents a blend of rural charm and urban convenience. This area is particularly interesting for real estate investors due to its unique mix of demographics and housing characteristics.

Fair Market Rent (FMR): The FMR for ZIP 78884 for fiscal year 2024 is set at $1240, indicating a moderate cost for rental units in the area.
Market Rent: According to the latest Census ACS data, the average market rent in ZIP 78884 is $813, which is significantly lower than the FMR, suggesting potential for rental properties to command higher rates.
Renter Share: 31.9% of the population in ZIP 78884 are renters, reflecting a substantial demand for rental housing.
Median Income: The median household income in ZIP 78884 is $84,271, which is above the national average, providing a solid economic foundation for rental pricing.

In summary, ZIP 78884 presents a favorable environment for real estate investment, especially in rental properties. With a renter share of 31.9%, there is a notable demand for rentals. However, the current market rent of $813 is below the FMR of $1240, presenting an opportunity for landlords to potentially increase their rental rates without deterring tenants. The higher-than-average median income supports the ability of residents to afford rents closer to the FMR. Therefore, investing in rental properties in this ZIP code could yield positive returns, given the right market positioning and property management strategies.

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.