ZIP 75161 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 75161 in the Dallas, TX FMR area.

$840Efficiency
$8701 bedroom
$1,0202 bedrooms
$1,2903 bedrooms
$1,6304 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$840$756$924$1,491
1 bedroom$870$783$957$1,536
2 bedrooms$1,020$918$1,122$1,807
3 bedrooms$1,290$1,161$1,419$2,275
4 bedrooms$1,630$1,467$1,793$2,892

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

Income in ZIP 75161

$68,026average adjusted gross income per tax return (2022)
$50,722average salaries and wages per return
3,750tax returns filed
18%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00028.8%
$25,000 to $50,00025.1%
$50,000 to $75,00015.5%
$75,000 to $100,00010.7%
$100,000 to $200,00016.3%
$200,000 or more3.7%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 17.9% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 75161?

HUD's FY2027 Small Area FMRs for ZIP 75161 (Dallas, TX) are $840 efficiency, $870 one bedroom, $1,020 two bedrooms, $1,290 three and $1,630 four bedrooms.

What payment standard can a housing authority set in ZIP 75161?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $918 to $1,122.

How affordable is rent in ZIP 75161?

Tax returns filed from ZIP 75161 reported an average adjusted gross income of $68,026 (2022). A two-bedroom unit at the Small Area FMR costs $12,240 a year, or 18% of that income.