ZIP 75424 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 75424 in the Dallas, TX FMR area.

Dallas, TX

$1,330Efficiency
$1,3701 bedroom
$1,6202 bedrooms
$2,0403 bedrooms
$2,5904 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,330$1,197$1,463$1,491
1 bedroom$1,370$1,233$1,507$1,536
2 bedrooms$1,620$1,458$1,782$1,807
3 bedrooms$2,040$1,836$2,244$2,275
4 bedrooms$2,590$2,331$2,849$2,892

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

Fannin County, TX

$1,330Efficiency
$1,3701 bedroom
$1,6202 bedrooms
$2,0403 bedrooms
$2,5904 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,330$1,197$1,463$761
1 bedroom$1,370$1,233$1,507$836
2 bedrooms$1,620$1,458$1,782$1,093
3 bedrooms$2,040$1,836$2,244$1,511
4 bedrooms$2,590$2,331$2,849$1,827

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

Income in ZIP 75424

$86,709average adjusted gross income per tax return (2022)
$62,799average salaries and wages per return
2,010tax returns filed
22%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00024.9%
$25,000 to $50,00022.9%
$50,000 to $75,00014.9%
$75,000 to $100,0009.5%
$100,000 to $200,00019.9%
$200,000 or more8.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 15.4% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 75424?

HUD's FY2027 Small Area FMRs for ZIP 75424 (Dallas, TX) are $1,330 efficiency, $1,370 one bedroom, $1,620 two bedrooms, $2,040 three and $2,590 four bedrooms.

What payment standard can a housing authority set in ZIP 75424?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,458 to $1,782.

How affordable is rent in ZIP 75424?

Tax returns filed from ZIP 75424 reported an average adjusted gross income of $86,709 (2022). A two-bedroom unit at the Small Area FMR costs $19,440 a year, or 22% of that income.