ZIP 75147 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 75147 in the Dallas, TX FMR area.

Dallas, TX

$850Efficiency

$8801 bedroom

$1,0702 bedrooms

$1,3603 bedrooms

$1,6104 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$850	$765	$935	$1,491
1 bedroom	$880	$792	$968	$1,536
2 bedrooms	$1,070	$963	$1,177	$1,807
3 bedrooms	$1,360	$1,224	$1,496	$2,275
4 bedrooms	$1,610	$1,449	$1,771	$2,892

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Henderson County, TX

$850Efficiency

$8801 bedroom

$1,0702 bedrooms

$1,3603 bedrooms

$1,6104 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$850	$765	$935	$822
1 bedroom	$880	$792	$968	$910
2 bedrooms	$1,070	$963	$1,177	$1,114
3 bedrooms	$1,360	$1,224	$1,496	$1,456
4 bedrooms	$1,610	$1,449	$1,771	$1,648

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Van Zandt County, TX

$850Efficiency

$8801 bedroom

$1,0702 bedrooms

$1,3603 bedrooms

$1,6104 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$850	$765	$935	$899
1 bedroom	$880	$792	$968	$905
2 bedrooms	$1,070	$963	$1,177	$1,184
3 bedrooms	$1,360	$1,224	$1,496	$1,534
4 bedrooms	$1,610	$1,449	$1,771	$1,556

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 75147

$65,501average adjusted gross income per tax return (2022)

$47,579average salaries and wages per return

3,920tax returns filed

20%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	29.3%
$25,000 to $50,000	27.0%
$50,000 to $75,000	15.1%
$75,000 to $100,000	9.9%
$100,000 to $200,000	15.1%
$200,000 or more	3.6%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 20.7% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 75147?

HUD's FY2027 Small Area FMRs for ZIP 75147 (Dallas, TX) are $850 efficiency, $880 one bedroom, $1,070 two bedrooms, $1,360 three and $1,610 four bedrooms.

What payment standard can a housing authority set in ZIP 75147?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $963 to $1,177.

How affordable is rent in ZIP 75147?

Tax returns filed from ZIP 75147 reported an average adjusted gross income of $65,501 (2022). A two-bedroom unit at the Small Area FMR costs $12,840 a year, or 20% of that income.