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 | $2,140 |
| 1 Bedroom | $2,210 |
| 2 Bedrooms | $2,600 |
| 3 Bedrooms | $3,270 |
| 4 Bedrooms | $4,160 |
| 5 Bedrooms | $4,826 |
| 6 Bedrooms | $5,405 |
| 7 Bedrooms | $5,837 |
| 8 Bedrooms | $6,129 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,600 | $422,831 | 0.61% | D |
| 3BR | $3,270 | $442,837 | 0.74% | D |
| 4BR | $4,160 | $623,598 | 0.67% | D |
| 5BR | $4,826 | $944,582 | 0.51% | F |
U.S. Census Bureau data (2024)
ZIP code 75036, located in Frisco, TX, falls within the broader Dallas, TX HUD Metro FMR Area. Its Fair Market Rent (FMR) for fiscal year 2024 is set at $1840. This figure represents the maximum amount that a low-income household might pay in rent while still being considered affordable under federal guidelines.
The market rent in 75036 is higher at $2,495, indicating that rents in this area exceed the government's affordability threshold. This suggests that the ZIP is not particularly attractive for tenants seeking housing assistance through Section 8 vouchers, as the cost of renting surpasses the subsidized rate.
The median home value in 75036 stands at $567,497, which is above average for the Dallas, TX HUD Metro FMR Area. This implies that the ZIP is a relatively affluent neighborhood, where property values are higher than the metro-wide average.
Only 12.3% of the households in 75036 are renters, which is lower than the typical rental share seen in many other ZIP codes within the Dallas, TX HUD Metro FMR Area. This indicates a strong preference for homeownership in Frisco, reducing the overall demand for rental properties and potentially making it less appealing for landlords focused on serving a large tenant base.
Based on these figures, 75036 appears to be a premium sub-market within the Dallas, TX HUD Metro FMR Area. The higher home values and market rents suggest that it caters to a wealthier demographic. However, the low renter share implies that there are fewer opportunities for landlords to serve tenants with Section 8 vouchers, given the mismatch between voucher limits and market rents.
In summary, 75036 is not likely to be a value pocket for Section 8 tenants due to the high market rents. Instead, it represents a premium sub-market characterized by higher property values and a smaller rental population. For landlords and small-portfolio investors looking to attract Section 8 tenants, this ZIP may present challenges due to the disparity between market rents and the FMR.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.