ZIP 75205 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 75205 in the Dallas, TX FMR area.

$2,240Efficiency
$2,3001 bedroom
$2,7102 bedrooms
$3,4103 bedrooms
$4,3404 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$2,240$2,016$2,464$1,491
1 bedroom$2,300$2,070$2,530$1,536
2 bedrooms$2,710$2,439$2,981$1,807
3 bedrooms$3,410$3,069$3,751$2,275
4 bedrooms$4,340$3,906$4,774$2,892

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

Income in ZIP 75205

$728,182average adjusted gross income per tax return (2022)
$255,544average salaries and wages per return
10,770tax returns filed
4%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00014.7%
$25,000 to $50,0009.6%
$50,000 to $75,0009.7%
$75,000 to $100,0007.9%
$100,000 to $200,00016.5%
$200,000 or more41.6%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 2.7% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 75205?

HUD's FY2027 Small Area FMRs for ZIP 75205 (Dallas, TX) are $2,240 efficiency, $2,300 one bedroom, $2,710 two bedrooms, $3,410 three and $4,340 four bedrooms.

What payment standard can a housing authority set in ZIP 75205?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $2,439 to $2,981.

How affordable is rent in ZIP 75205?

Tax returns filed from ZIP 75205 reported an average adjusted gross income of $728,182 (2022). A two-bedroom unit at the Small Area FMR costs $32,520 a year, or 4% of that income.