ZIP 75150 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 75150 in the Dallas, TX FMR area.

$1,380Efficiency
$1,4201 bedroom
$1,6702 bedrooms
$2,1003 bedrooms
$2,6704 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,380$1,242$1,518$1,491
1 bedroom$1,420$1,278$1,562$1,536
2 bedrooms$1,670$1,503$1,837$1,807
3 bedrooms$2,100$1,890$2,310$2,275
4 bedrooms$2,670$2,403$2,937$2,892

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

Income in ZIP 75150

$47,456average adjusted gross income per tax return (2022)
$38,558average salaries and wages per return
27,870tax returns filed
42%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00034.0%
$25,000 to $50,00031.5%
$50,000 to $75,00017.5%
$75,000 to $100,0008.1%
$100,000 to $200,0007.9%
$200,000 or more1.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 24.6% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 75150?

HUD's FY2027 Small Area FMRs for ZIP 75150 (Dallas, TX) are $1,380 efficiency, $1,420 one bedroom, $1,670 two bedrooms, $2,100 three and $2,670 four bedrooms.

What payment standard can a housing authority set in ZIP 75150?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,503 to $1,837.

How affordable is rent in ZIP 75150?

Tax returns filed from ZIP 75150 reported an average adjusted gross income of $47,456 (2022). A two-bedroom unit at the Small Area FMR costs $20,040 a year, or 42% of that income.