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Bexar County/San Antonio/78207

78207

ZIPSAFMR
Bexar County, TX
Zillow

ZIP Investment Score

100Above average

095130300
BRFMR
Eff. Rent
0 BR$820$800
1 BR$890$890
2 BR$1,070$1,110
3 BR$1,380$1,370
4 BR$1,610$1,660
5 BR$1,851Not available
6 BR$2,129Not available
7 BR$2,449Not available
8 BR$2,816Not available

Purchase Price Calculator

Maximum purchase price
$103,029

Cost breakdown

+Likely effective rent$1,110
HUD FMR$1,070
Market rent$1,130
Est. payment standard (104%)Used$1,110
-Principal and interest-$521
Loan amount$82,423
Down payment$20,606
Rate6.50%
Term30 years
-Operating costs-$389
Property taxes-$103
Insurance-$175
Utilities$0
HOA$0
Management-$111
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,075(87.7% ROI)
Projected value
$110,951
Return breakdown
Property appreciation+$7,922
Loan principal paid down+$2,953
Rental cash flow+$7,200
5-year hold
+$30,805(149.5% ROI)
Projected value
$116,568
Return breakdown
Property appreciation+$13,539
Loan principal paid down+$5,266
Rental cash flow+$12,000
10-year hold
+$65,405(317.4% ROI)
Projected value
$131,886
Return breakdown
Property appreciation+$28,857
Loan principal paid down+$12,548
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.02
1 BR
1.00
2 BR
0.95
3 BR
1.01
4 BR
0.96
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 78207 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 78207 (San Antonio, TX) is $1,070 a month. That is up 0.9% from $1,060 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, 78207 has the 102nd-highest two-bedroom rent (county range $1,020–$2,160). The median county two-bedroom FMR in Texas is $1,105, so ZIP 78207 is 3% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 78207
BedroomsFY 2027Change90–110% range
Studio$820+2.5%$738–$902
1BR$890+2.3%$801–$979
2BR$1,070+0.9%$963–$1,177
3BR$1,380+1.5%$1,242–$1,518
4BR$1,610+1.9%$1,449–$1,771

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 78207
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$820$890$1,070$1,380$1,610
FY 2026$800$870$1,060$1,360$1,580
FY 2025$810$890$1,090$1,380$1,630
FY 2024$780$870$1,060$1,340$1,600
FY 2023$690$800$970$1,230$1,500

Two-bedroom rent in nearby Bexar County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 78207
78201$1,290+20.6%
78202$1,410+31.8%
78203$1,140+6.5%
78204$1,600+49.5%
78205$1,450+35.5%
78206$1,430+33.6%
78207Current$1,070—
78208$1,020−4.7%
78209$1,620+51.4%
78210$1,250+16.8%
78211$1,170+9.3%
78212$1,430+33.6%

Questions about ZIP 78207 rents

How much will Section 8 pay for a two-bedroom in ZIP 78207?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,070, that basic range is $963 to $1,177 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 78207 in?

ZIP 78207 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 78207 for FY 2027?

The two-bedroom FMR rose 0.9%, from $1,060 in FY 2026 to $1,070 in FY 2027. Since FY 2023 it has risen 10.3%.

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