ZIP 75248 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 75248 in the Dallas, TX FMR area.

$1,680Efficiency
$1,7501 bedroom
$2,0502 bedrooms
$2,5803 bedrooms
$3,2704 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,680$1,512$1,848$1,491
1 bedroom$1,750$1,575$1,925$1,536
2 bedrooms$2,050$1,845$2,255$1,807
3 bedrooms$2,580$2,322$2,838$2,275
4 bedrooms$3,270$2,943$3,597$2,892

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

Income in ZIP 75248

$190,241average adjusted gross income per tax return (2022)
$101,000average salaries and wages per return
18,320tax returns filed
13%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00019.3%
$25,000 to $50,00017.9%
$50,000 to $75,00013.8%
$75,000 to $100,0008.6%
$100,000 to $200,00018.6%
$200,000 or more21.8%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 7.9% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 75248?

HUD's FY2027 Small Area FMRs for ZIP 75248 (Dallas, TX) are $1,680 efficiency, $1,750 one bedroom, $2,050 two bedrooms, $2,580 three and $3,270 four bedrooms.

What payment standard can a housing authority set in ZIP 75248?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,845 to $2,255.

How affordable is rent in ZIP 75248?

Tax returns filed from ZIP 75248 reported an average adjusted gross income of $190,241 (2022). A two-bedroom unit at the Small Area FMR costs $24,600 a year, or 13% of that income.