78270

ZIPSAFMR

Bexar County, TX

ZIP Investment Score

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$1,090	$900	0.9%
1 BR	$1,190	$1,070	0.0%
2 BR	$1,430	$1,570	-0.5%
3 BR	$1,850	$1,920	0.2%
4 BR	$2,150	$2,360	-0.6%
5 BR	$2,473	Not available	-0.6%
6 BR	$2,843	Not available	-0.6%
7 BR	$3,270	Not available	-0.6%
8 BR	$3,760	Not available	-0.6%

Purchase Price Calculator

Maximum purchase price

$171,385

Cost breakdown

+Likely effective rent$1,570

HUD FMR$1,430

Market rent$1,640

Est. payment standard (110%)Used$1,570

-Principal and interest-$867

Loan amount$137,108

Down payment$34,277

Rate6.50%

Term30 years

-Operating costs-$503

Property taxes-$171

Insurance-$175

Utilities$0

HOA$0

Management-$157

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$25,290(73.8% ROI)

Projected value

$184,563

Return breakdown

Property appreciation+$13,178

Loan principal paid down+$4,912

Rental cash flow+$7,200

5-year hold

+$43,281(126.3% ROI)

Projected value

$193,906

Return breakdown

Property appreciation+$22,521

Loan principal paid down+$8,760

Rental cash flow+$12,000

10-year hold

+$92,875(271.0% ROI)

Projected value

$219,387

Return breakdown

Property appreciation+$48,002

Loan principal paid down+$20,873

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

1.21ratio

FMR$1,090

Market$900

vs market+$190

FMR is above market; underwrite to market rent.

1.21

1 BR

1.11ratio

FMR$1,190

Market$1,070

vs market+$120

FMR is above market; underwrite to market rent.

1.11

2 BR

0.87ratio

FMR$1,430

Market$1,640

vs market-$210

FMR is below market; voucher rent may lag private rents.

0.87

3 BR

0.94ratio

FMR$1,850

Market$1,960

vs market-$110

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

0.94

4 BR

0.87ratio

FMR$2,150

Market$2,470

vs market-$320

FMR is below market; voucher rent may lag private rents.

0.87

0.700.800.901.001.101.201.30aligned range

Historical

FY 2023-2027

FMR: FY2027
Market rent: last ~365 days
Property value: --
Tax rate: --
Mortgage rate: --

ZIP 78270 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 78270 (San Antonio, TX) is $1,430 a month. That is up 1.4% from $1,410 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, 78270 is tied for the 43rd-highest two-bedroom rent (county range $1,020–$2,160). The median county two-bedroom FMR in Texas is $1,105, so ZIP 78270 is 29% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 78270
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$1,070	$1,090	+1.9%	$981–$1,199
1BR	$1,160	$1,190	+2.6%	$1,071–$1,309
2BR	$1,410	$1,430	+1.4%	$1,287–$1,573
3BR	$1,810	$1,850	+2.2%	$1,665–$2,035
4BR	$2,110	$2,150	+1.9%	$1,935–$2,365

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 78270
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$1,090	$1,190	$1,430	$1,850	$2,150
FY 2026	$1,070	$1,160	$1,410	$1,810	$2,110
FY 2025	$1,110	$1,220	$1,490	$1,890	$2,230
FY 2024	$1,060	$1,190	$1,450	$1,840	$2,190
FY 2023	$910	$1,050	$1,270	$1,620	$1,970

Two-bedroom rent in nearby Bexar County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 78270
78260	$2,090	+46.2%
78261	$1,880	+31.5%
78263	$1,330	−7.0%
78264	$1,390	−2.8%
78265	$1,430	0.0%
78266	$2,160	+51.0%
78268	$1,430	0.0%
78269	$1,430	0.0%
78270Current	$1,430	—
78278	$1,430	0.0%
78279	$1,430	0.0%
78280	$1,430	0.0%

Questions about ZIP 78270 rents

How much will Section 8 pay for a two-bedroom in ZIP 78270?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,430, that basic range is $1,287 to $1,573 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 78270 in?

ZIP 78270 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 78270 for FY 2027?

The two-bedroom FMR rose 1.4%, from $1,410 in FY 2026 to $1,430 in FY 2027. Since FY 2023 it has risen 12.6%.

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 rent San Antonio, TX fair market rent TX statewide rents What is SAFMR?Data sources