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Wilson County/La Vernia/78121

78121

ZIPSAFMR
Wilson County, TX
Zillow

ZIP Investment Score

44Below average

095130300
BRFMR
Eff. Rent
0 BR$980$1,080
1 BR$1,060$1,170
2 BR$1,280$1,410
3 BR$1,660$1,830
4 BR$1,920$2,110
5 BR$2,208Not available
6 BR$2,539Not available
7 BR$2,920Not available
8 BR$3,358Not available

Purchase Price Calculator

Maximum purchase price
$147,609

Cost breakdown

+Likely effective rent$1,410
HUD FMR$1,280
Market rent$1,780
Est. payment standard (110%)Used$1,410
-Principal and interest-$746
Loan amount$118,087
Down payment$29,522
Rate6.50%
Term30 years
-Operating costs-$464
Property taxes-$148
Insurance-$175
Utilities$0
HOA$0
Management-$141
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,781(77.2% ROI)
Projected value
$158,959
Return breakdown
Property appreciation+$11,350
Loan principal paid down+$4,231
Rental cash flow+$7,200
5-year hold
+$38,942(131.9% ROI)
Projected value
$167,006
Return breakdown
Property appreciation+$19,397
Loan principal paid down+$7,545
Rental cash flow+$12,000
10-year hold
+$83,320(282.2% ROI)
Projected value
$188,952
Return breakdown
Property appreciation+$41,343
Loan principal paid down+$17,977
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.53
1 BR
0.68
2 BR
0.72
3 BR
0.78
4 BR
0.74
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 78121 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 78121 (La Vernia, TX) is $1,280 a month. That is down 3.8% from $1,330 in FY 2026. La Vernia is in the San Antonio-New Braunfels, TX HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 13 ZIP codes in Wilson County, 78121 has the 4th-highest two-bedroom rent (county range $1,020–$1,990). The median county two-bedroom FMR in Texas is $1,105, so ZIP 78121 is 16% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 78121
BedroomsFY 2027Change90–110% range
Studio$980−2.0%$882–$1,078
1BR$1,060−2.8%$954–$1,166
2BR$1,280−3.8%$1,152–$1,408
3BR$1,660−1.8%$1,494–$1,826
4BR$1,920−3.0%$1,728–$2,112

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 78121
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$980$1,060$1,280$1,660$1,920
FY 2026$1,000$1,090$1,330$1,690$1,980
FY 2025$1,090$1,210$1,470$1,870$2,200
FY 2024$1,080$1,210$1,470$1,860$2,220
FY 2023$940$1,080$1,310$1,670$2,030

Two-bedroom rent in nearby Wilson County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 78121
78064$1,180−7.8%
78101$1,030−19.5%
78112$1,390+8.6%
78113$1,300+1.6%
78114$1,240−3.1%
78121Current$1,280—
78140$1,020−20.3%
78143$1,160−9.4%
78147$1,240−3.1%
78152$1,990+55.5%
78160$1,210−5.5%
78161$1,250−2.3%

Questions about ZIP 78121 rents

How much will Section 8 pay for a two-bedroom in ZIP 78121?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,280, that basic range is $1,152 to $1,408 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 78121 in?

ZIP 78121 is in the San Antonio-New Braunfels, TX HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 78121 for FY 2027?

The two-bedroom FMR fell 3.8%, from $1,330 in FY 2026 to $1,280 in FY 2027. Since FY 2023 it has fallen 2.3%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentLa Vernia, TX fair market rentTX statewide rentsWhat is SAFMR?Data sources