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Bexar County/San Antonio/78201

78201

ZIPSAFMR
Bexar County, TX
Zillow

ZIP Investment Score

114Above average

095130300
BRFMR
Eff. Rent
0 BR$980$970
1 BR$1,070$1,180
2 BR$1,290$1,390
3 BR$1,670$1,760
4 BR$1,940$2,060
5 BR$2,231Not available
6 BR$2,566Not available
7 BR$2,950Not available
8 BR$3,393Not available

Purchase Price Calculator

Maximum purchase price
$144,637

Cost breakdown

+Likely effective rent$1,390
HUD FMR$1,290
Market rent$1,440
Est. payment standard (108%)Used$1,390
-Principal and interest-$731
Loan amount$115,710
Down payment$28,927
Rate6.50%
Term30 years
-Operating costs-$459
Property taxes-$145
Insurance-$175
Utilities$0
HOA$0
Management-$139
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,467(77.7% ROI)
Projected value
$155,758
Return breakdown
Property appreciation+$11,121
Loan principal paid down+$4,146
Rental cash flow+$7,200
5-year hold
+$38,399(132.7% ROI)
Projected value
$163,643
Return breakdown
Property appreciation+$19,006
Loan principal paid down+$7,393
Rental cash flow+$12,000
10-year hold
+$82,126(283.9% ROI)
Projected value
$185,148
Return breakdown
Property appreciation+$40,511
Loan principal paid down+$17,615
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.01
1 BR
0.83
2 BR
0.90
3 BR
0.92
4 BR
0.92
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 78201 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 78201 (San Antonio, TX) is $1,290 a month. That is up 0.8% from $1,280 in FY 2026. San Antonio 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 104 ZIP codes in Bexar County, 78201 is tied for the 86th-highest two-bedroom rent (county range $1,020–$2,160). The median county two-bedroom FMR in Texas is $1,105, so ZIP 78201 is 17% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 78201
BedroomsFY 2027Change90–110% range
Studio$980+1.0%$882–$1,078
1BR$1,070+0.9%$963–$1,177
2BR$1,290+0.8%$1,161–$1,419
3BR$1,670+1.8%$1,503–$1,837
4BR$1,940+1.6%$1,746–$2,134

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 78201
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$980$1,070$1,290$1,670$1,940
FY 2026$970$1,060$1,280$1,640$1,910
FY 2025$980$1,080$1,320$1,680$1,970
FY 2024$910$1,030$1,250$1,580$1,890
FY 2023$790$910$1,100$1,400$1,710

Two-bedroom rent in nearby Bexar County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 78201
78201Current$1,290—
78202$1,410+9.3%
78203$1,140−11.6%
78204$1,600+24.0%
78205$1,450+12.4%
78206$1,430+10.9%
78207$1,070−17.1%
78208$1,020−20.9%
78209$1,620+25.6%
78210$1,250−3.1%
78211$1,170−9.3%
78212$1,430+10.9%

Questions about ZIP 78201 rents

How much will Section 8 pay for a two-bedroom in ZIP 78201?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,290, that basic range is $1,161 to $1,419 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 78201 in?

ZIP 78201 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 78201 for FY 2027?

The two-bedroom FMR rose 0.8%, from $1,280 in FY 2026 to $1,290 in FY 2027. Since FY 2023 it has risen 17.3%.

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 rentSan Antonio, TX fair market rentTX statewide rentsWhat is SAFMR?Data sources