ZIP 75232 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 75232 in the Dallas, TX FMR area.

$1,230Efficiency
$1,2701 bedroom
$1,4902 bedrooms
$1,8803 bedrooms
$2,3804 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,230$1,107$1,353$1,491
1 bedroom$1,270$1,143$1,397$1,536
2 bedrooms$1,490$1,341$1,639$1,807
3 bedrooms$1,880$1,692$2,068$2,275
4 bedrooms$2,380$2,142$2,618$2,892

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

Income in ZIP 75232

$42,860average adjusted gross income per tax return (2022)
$34,554average salaries and wages per return
13,780tax returns filed
42%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00038.6%
$25,000 to $50,00032.3%
$50,000 to $75,00015.5%
$75,000 to $100,0007.0%
$100,000 to $200,0005.7%
$200,000 or more0.9%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 29.8% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 75232?

HUD's FY2027 Small Area FMRs for ZIP 75232 (Dallas, TX) are $1,230 efficiency, $1,270 one bedroom, $1,490 two bedrooms, $1,880 three and $2,380 four bedrooms.

What payment standard can a housing authority set in ZIP 75232?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,341 to $1,639.

How affordable is rent in ZIP 75232?

Tax returns filed from ZIP 75232 reported an average adjusted gross income of $42,860 (2022). A two-bedroom unit at the Small Area FMR costs $17,880 a year, or 42% of that income.