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Bexar County/San Antonio/78218

78218

ZIPSAFMR
Bexar County, TX
Zillow

ZIP Investment Score

110Above average

095130300
BRFMR
Eff. Rent
0 BR$1,010$900
1 BR$1,100$950
2 BR$1,330$1,340
3 BR$1,720$1,700
4 BR$2,000$1,850
5 BR$2,300Not available
6 BR$2,645Not available
7 BR$3,042Not available
8 BR$3,498Not available

Purchase Price Calculator

Maximum purchase price
$137,207

Cost breakdown

+Likely effective rent$1,340
HUD FMR$1,330
Market rent$1,350
Est. payment standard (101%)Used$1,340
-Principal and interest-$694
Loan amount$109,766
Down payment$27,441
Rate6.50%
Term30 years
-Operating costs-$446
Property taxes-$137
Insurance-$175
Utilities$0
HOA$0
Management-$134
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,683(79.0% ROI)
Projected value
$147,757
Return breakdown
Property appreciation+$10,550
Loan principal paid down+$3,933
Rental cash flow+$7,200
5-year hold
+$37,043(135.0% ROI)
Projected value
$155,237
Return breakdown
Property appreciation+$18,030
Loan principal paid down+$7,013
Rental cash flow+$12,000
10-year hold
+$79,140(288.4% ROI)
Projected value
$175,637
Return breakdown
Property appreciation+$38,430
Loan principal paid down+$16,711
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.12
1 BR
1.16
2 BR
0.99
3 BR
1.01
4 BR
1.08
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 78218 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 78218 (San Antonio, TX) is $1,330 a month. That is up 0.8% from $1,320 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, 78218 is tied for the 80th-highest two-bedroom rent (county range $1,020–$2,160). The median county two-bedroom FMR in Texas is $1,105, so ZIP 78218 is 20% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 78218
BedroomsFY 2027Change90–110% range
Studio$1,010+1.0%$909–$1,111
1BR$1,100+0.9%$990–$1,210
2BR$1,330+0.8%$1,197–$1,463
3BR$1,720+1.8%$1,548–$1,892
4BR$2,000+1.5%$1,800–$2,200

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 78218
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,010$1,100$1,330$1,720$2,000
FY 2026$1,000$1,090$1,320$1,690$1,970
FY 2025$1,010$1,120$1,360$1,730$2,030
FY 2024$950$1,070$1,300$1,650$1,970
FY 2023$870$1,000$1,210$1,540$1,880

Two-bedroom rent in nearby Bexar County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 78218
78212$1,430+7.5%
78213$1,420+6.8%
78214$1,090−18.0%
78215$1,920+44.4%
78216$1,500+12.8%
78217$1,300−2.3%
78218Current$1,330—
78219$1,250−6.0%
78220$1,3300.0%
78221$1,290−3.0%
78222$1,360+2.3%
78223$1,250−6.0%

Questions about ZIP 78218 rents

How much will Section 8 pay for a two-bedroom in ZIP 78218?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,330, that basic range is $1,197 to $1,463 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 78218 in?

ZIP 78218 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 78218 for FY 2027?

The two-bedroom FMR rose 0.8%, from $1,320 in FY 2026 to $1,330 in FY 2027. Since FY 2023 it has risen 9.9%.

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