ZIP 75207 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 75207 in the Dallas, TX FMR area.

$1,750Efficiency
$1,8201 bedroom
$2,1402 bedrooms
$2,6903 bedrooms
$3,4204 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,750$1,575$1,925$1,491
1 bedroom$1,820$1,638$2,002$1,536
2 bedrooms$2,140$1,926$2,354$1,807
3 bedrooms$2,690$2,421$2,959$2,275
4 bedrooms$3,420$3,078$3,762$2,892

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

Income in ZIP 75207

$128,922average adjusted gross income per tax return (2022)
$73,430average salaries and wages per return
2,050tax returns filed
20%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00016.6%
$25,000 to $50,00022.0%
$50,000 to $75,00022.9%
$75,000 to $100,00013.2%
$100,000 to $200,00018.5%
$200,000 or more6.8%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 8.8% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 75207?

HUD's FY2027 Small Area FMRs for ZIP 75207 (Dallas, TX) are $1,750 efficiency, $1,820 one bedroom, $2,140 two bedrooms, $2,690 three and $3,420 four bedrooms.

What payment standard can a housing authority set in ZIP 75207?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,926 to $2,354.

How affordable is rent in ZIP 75207?

Tax returns filed from ZIP 75207 reported an average adjusted gross income of $128,922 (2022). A two-bedroom unit at the Small Area FMR costs $25,680 a year, or 20% of that income.