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Bexar County/San Antonio/78211

78211

ZIPSAFMR
Bexar County, TX
Zillow

ZIP Investment Score

109Above average

095130300
BRFMR
Eff. Rent
0 BR$890$890
1 BR$970$960
2 BR$1,170$1,210
3 BR$1,510$1,580
4 BR$1,760$1,790
5 BR$2,024Not available
6 BR$2,328Not available
7 BR$2,677Not available
8 BR$3,078Not available

Purchase Price Calculator

Maximum purchase price
$117,889

Cost breakdown

+Likely effective rent$1,210
HUD FMR$1,170
Market rent$1,230
Est. payment standard (103%)Used$1,210
-Principal and interest-$596
Loan amount$94,311
Down payment$23,578
Rate6.50%
Term30 years
-Operating costs-$414
Property taxes-$118
Insurance-$175
Utilities$0
HOA$0
Management-$121
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,644(83.3% ROI)
Projected value
$126,954
Return breakdown
Property appreciation+$9,065
Loan principal paid down+$3,379
Rental cash flow+$7,200
5-year hold
+$33,517(142.2% ROI)
Projected value
$133,381
Return breakdown
Property appreciation+$15,492
Loan principal paid down+$6,026
Rental cash flow+$12,000
10-year hold
+$71,377(302.7% ROI)
Projected value
$150,908
Return breakdown
Property appreciation+$33,019
Loan principal paid down+$14,358
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.00
1 BR
1.01
2 BR
0.95
3 BR
0.93
4 BR
0.98
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 78211 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 78211 (San Antonio, TX) is $1,170 a month. That is up 1.7% from $1,150 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, 78211 has the 97th-highest two-bedroom rent (county range $1,020–$2,160). The median county two-bedroom FMR in Texas is $1,105, so ZIP 78211 is 6% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 78211
BedroomsFY 2027Change90–110% range
Studio$890+2.3%$801–$979
1BR$970+2.1%$873–$1,067
2BR$1,170+1.7%$1,053–$1,287
3BR$1,510+2.0%$1,359–$1,661
4BR$1,760+2.3%$1,584–$1,936

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 78211
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$890$970$1,170$1,510$1,760
FY 2026$870$950$1,150$1,480$1,720
FY 2025$920$1,020$1,240$1,580$1,850
FY 2024$900$1,010$1,230$1,560$1,860
FY 2023$780$900$1,090$1,390$1,690

Two-bedroom rent in nearby Bexar County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 78211
78205$1,450+23.9%
78206$1,430+22.2%
78207$1,070−8.5%
78208$1,020−12.8%
78209$1,620+38.5%
78210$1,250+6.8%
78211Current$1,170—
78212$1,430+22.2%
78213$1,420+21.4%
78214$1,090−6.8%
78215$1,920+64.1%
78216$1,500+28.2%

Questions about ZIP 78211 rents

How much will Section 8 pay for a two-bedroom in ZIP 78211?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,170, that basic range is $1,053 to $1,287 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 78211 in?

ZIP 78211 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 78211 for FY 2027?

The two-bedroom FMR rose 1.7%, from $1,150 in FY 2026 to $1,170 in FY 2027. Since FY 2023 it has risen 7.3%.

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