ZIP 75423 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 75423 in the Dallas, TX FMR area.

Dallas, TX

$1,010Efficiency
$1,0601 bedroom
$1,2402 bedrooms
$1,5503 bedrooms
$1,9804 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,010$909$1,111$1,491
1 bedroom$1,060$954$1,166$1,536
2 bedrooms$1,240$1,116$1,364$1,807
3 bedrooms$1,550$1,395$1,705$2,275
4 bedrooms$1,980$1,782$2,178$2,892

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

Fannin County, TX

$1,010Efficiency
$1,0601 bedroom
$1,2402 bedrooms
$1,5503 bedrooms
$1,9804 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,010$909$1,111$761
1 bedroom$1,060$954$1,166$836
2 bedrooms$1,240$1,116$1,364$1,093
3 bedrooms$1,550$1,395$1,705$1,511
4 bedrooms$1,980$1,782$2,178$1,827

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

Income in ZIP 75423

$73,922average adjusted gross income per tax return (2022)
$54,653average salaries and wages per return
1,580tax returns filed
20%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00026.6%
$25,000 to $50,00022.2%
$50,000 to $75,00015.8%
$75,000 to $100,00010.8%
$100,000 to $200,00019.6%
$200,000 or more5.1%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 17.1% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 75423?

HUD's FY2027 Small Area FMRs for ZIP 75423 (Dallas, TX) are $1,010 efficiency, $1,060 one bedroom, $1,240 two bedrooms, $1,550 three and $1,980 four bedrooms.

What payment standard can a housing authority set in ZIP 75423?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,116 to $1,364.

How affordable is rent in ZIP 75423?

Tax returns filed from ZIP 75423 reported an average adjusted gross income of $73,922 (2022). A two-bedroom unit at the Small Area FMR costs $14,880 a year, or 20% of that income.