ZIP 76205 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 76205 in the Dallas, TX FMR area.

$1,310Efficiency
$1,3501 bedroom
$1,5902 bedrooms
$2,0003 bedrooms
$2,5404 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,310$1,179$1,441$1,491
1 bedroom$1,350$1,215$1,485$1,536
2 bedrooms$1,590$1,431$1,749$1,807
3 bedrooms$2,000$1,800$2,200$2,275
4 bedrooms$2,540$2,286$2,794$2,892

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

Income in ZIP 76205

$69,700average adjusted gross income per tax return (2022)
$46,598average salaries and wages per return
8,410tax returns filed
27%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00032.7%
$25,000 to $50,00028.4%
$50,000 to $75,00013.4%
$75,000 to $100,0007.8%
$100,000 to $200,00012.4%
$200,000 or more5.2%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 15.9% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 76205?

HUD's FY2027 Small Area FMRs for ZIP 76205 (Dallas, TX) are $1,310 efficiency, $1,350 one bedroom, $1,590 two bedrooms, $2,000 three and $2,540 four bedrooms.

What payment standard can a housing authority set in ZIP 76205?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,431 to $1,749.

How affordable is rent in ZIP 76205?

Tax returns filed from ZIP 76205 reported an average adjusted gross income of $69,700 (2022). A two-bedroom unit at the Small Area FMR costs $19,080 a year, or 27% of that income.