ZIP 75159 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 75159 in the Dallas, TX FMR area.

$1,280Efficiency
$1,3201 bedroom
$1,5502 bedrooms
$1,9503 bedrooms
$2,4804 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,280$1,152$1,408$1,491
1 bedroom$1,320$1,188$1,452$1,536
2 bedrooms$1,550$1,395$1,705$1,807
3 bedrooms$1,950$1,755$2,145$2,275
4 bedrooms$2,480$2,232$2,728$2,892

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

Income in ZIP 75159

$54,979average adjusted gross income per tax return (2022)
$43,621average salaries and wages per return
9,410tax returns filed
34%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00033.0%
$25,000 to $50,00028.6%
$50,000 to $75,00017.3%
$75,000 to $100,0008.8%
$100,000 to $200,00010.3%
$200,000 or more1.9%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 25.1% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 75159?

HUD's FY2027 Small Area FMRs for ZIP 75159 (Dallas, TX) are $1,280 efficiency, $1,320 one bedroom, $1,550 two bedrooms, $1,950 three and $2,480 four bedrooms.

What payment standard can a housing authority set in ZIP 75159?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,395 to $1,705.

How affordable is rent in ZIP 75159?

Tax returns filed from ZIP 75159 reported an average adjusted gross income of $54,979 (2022). A two-bedroom unit at the Small Area FMR costs $18,600 a year, or 34% of that income.