Location: Dallas, TX | Metro: Dallas, TX HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,850 |
| 1 Bedroom | $1,920 |
| 2 Bedrooms | $2,250 |
| 3 Bedrooms | $2,840 |
| 4 Bedrooms | $3,600 |
| 5 Bedrooms | $4,176 |
| 6 Bedrooms | $4,677 |
| 7 Bedrooms | $5,051 |
| 8 Bedrooms | $5,304 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,920 | $165,575 | 1.16% | B |
| 2BR | $2,250 | $397,397 | 0.57% | F |
| 3BR | $2,840 | $544,208 | 0.52% | F |
| 4BR | $3,600 | $642,855 | 0.56% | F |
U.S. Census Bureau data (2024)
The rent math in ZIP 75001 does not favor landlords. The Fair Market Rent (FMR) set at $2380 for the fiscal year 2024 is significantly higher than the actual market rent, which stands at $1,626 (ZORI). This discrepancy suggests that landlords might struggle to find tenants willing to pay the FMR rate, leading to potential vacancies.
Acquisition in ZIP 75001 is moderately affordable. The median home value is listed at $491,267. However, the lack of data on days on market (DOM) and the low percentage of homes needing price cuts (0.3%) indicate that the housing market is stable but not particularly dynamic. This stability means that while buying property is feasible, it may not offer the rapid turnover or significant discounts seen in more volatile markets.
Tenant demand in ZIP 75001 is robust. With a total population of 16,872, and 83.7% of residents being renters, there is a strong base of potential tenants. This high renter share ensures that landlords can attract and maintain a steady stream of occupants, even if they must adjust their rental prices to market levels.
Verdict: ZIP 75001 presents a mixed picture for landlords and small-portfolio investors. While the tenant demand is strong, with over 80% of the population renting, the mismatch between the FMR and the actual market rent could pose challenges. Landlords should be prepared to price their rentals closer to the market rate of $1,626 to avoid vacancies. Acquisition is feasible at the median home value of $491,267, though the housing market's stability means less opportunity for quick flips or substantial price reductions. Overall, ZIP 75001 is suitable for long-term investment strategies focused on steady occupancy rather than short-term gains.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.