FMR is below market; voucher rent may lag private rents.
0.87
3 BR
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
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
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ZIP 78288 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 78288 (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, 78288 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 78288 is 29% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 78288
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 78288
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
Questions about ZIP 78288 rents
How much will Section 8 pay for a two-bedroom in ZIP 78288?
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 78288 in?
ZIP 78288 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 78288 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