ZIP 76247 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 76247 in the Dallas, TX FMR area.

Dallas, TX

$1,990Efficiency
$2,0501 bedroom
$2,4102 bedrooms
$3,0303 bedrooms
$3,8504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,990$1,791$2,189$1,491
1 bedroom$2,050$1,845$2,255$1,536
2 bedrooms$2,410$2,169$2,651$1,807
3 bedrooms$3,030$2,727$3,333$2,275
4 bedrooms$3,850$3,465$4,235$2,892

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

Wise County, TX

$1,990Efficiency
$2,0501 bedroom
$2,4102 bedrooms
$3,0303 bedrooms
$3,8504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,990$1,791$2,189$886
1 bedroom$2,050$1,845$2,255$892
2 bedrooms$2,410$2,169$2,651$1,164
3 bedrooms$3,030$2,727$3,333$1,612
4 bedrooms$3,850$3,465$4,235$1,916

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

Income in ZIP 76247

$100,919average adjusted gross income per tax return (2022)
$82,567average salaries and wages per return
12,910tax returns filed
29%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00019.2%
$25,000 to $50,00017.4%
$50,000 to $75,00014.7%
$75,000 to $100,00011.5%
$100,000 to $200,00027.1%
$200,000 or more10.1%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 10.3% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 76247?

HUD's FY2027 Small Area FMRs for ZIP 76247 (Dallas, TX) are $1,990 efficiency, $2,050 one bedroom, $2,410 two bedrooms, $3,030 three and $3,850 four bedrooms.

What payment standard can a housing authority set in ZIP 76247?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $2,169 to $2,651.

How affordable is rent in ZIP 76247?

Tax returns filed from ZIP 76247 reported an average adjusted gross income of $100,919 (2022). A two-bedroom unit at the Small Area FMR costs $28,920 a year, or 29% of that income.