78238
ZIPSAFMR
Bexar County, TX
BRFMR
Eff. Rent
0 BR$980$1,040
1 BR$1,070$1,070
2 BR$1,300$1,390
3 BR$1,670$1,700
4 BR$1,940$1,910
5 BR$2,231
6 BR$2,566
7 BR$2,950
8 BR$3,393

Purchase Price Calculator

Maximum purchase price
$144,637

Cost breakdown

+Likely effective rent$1,390
HUD FMR$1,300
Market rent$1,440
Est. payment standard (107%)Used$1,390
Estimated payment standard is $1,390 (107% of FMR).
-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
Current value$144,637
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
Current value$144,637
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
Current value$144,637
Return breakdown
Property appreciation+$40,511
Loan principal paid down+$17,615
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.92ratio
FMR$980
Market$1,070
vs market-$90

FMR is near market; voucher and private rents are aligned.

90% standard$882 / 0.82 ratio110% standard$1,078 / 1.01 ratio
0.92
1 BR
1 BR
1.00ratio
FMR$1,070
Market$1,070
vs market+$0

FMR is near market; voucher and private rents are aligned.

90% standard$963 / 0.90 ratio110% standard$1,177 / 1.10 ratio
1.00
2 BR
2 BR
0.90ratio
FMR$1,300
Market$1,440
vs market-$140

FMR is near market; voucher and private rents are aligned.

90% standard$1,170 / 0.81 ratio110% standard$1,430 / 0.99 ratio
0.90
3 BR
3 BR
0.98ratio
FMR$1,670
Market$1,710
vs market-$40

FMR is near market; voucher and private rents are aligned.

90% standard$1,503 / 0.88 ratio110% standard$1,837 / 1.07 ratio
0.98
4 BR
4 BR
1.02ratio
FMR$1,940
Market$1,910
vs market+$30

FMR is near market; voucher and private rents are aligned.

90% standard$1,746 / 0.91 ratio110% standard$2,134 / 1.12 ratio
1.02
0.700.800.901.001.101.201.30aligned range

Voucher rents are well-aligned with market rents across all bedroom sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 78238 (TX) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

78238 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 78238 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,300 and the 4 bedroom fair market rent is $1,940.

Use this page for searches like 78238 FMR, 78238 fair market rent, and 78238 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 78238
Bedroom sizeHUD FMR
Studio$980
1 bedroom$1,070
2 bedroom$1,300
3 bedroom$1,670
4 bedroom$1,940