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 | $2,070 |
| 1 Bedroom | $2,130 |
| 2 Bedrooms | $2,510 |
| 3 Bedrooms | $3,160 |
| 4 Bedrooms | $4,020 |
| 5 Bedrooms | $4,663 |
| 6 Bedrooms | $5,223 |
| 7 Bedrooms | $5,641 |
| 8 Bedrooms | $5,923 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,510 | $397,497 | 0.63% | D |
| 3BR | $3,160 | $577,158 | 0.55% | F |
| 4BR | $4,020 | $762,905 | 0.53% | F |
| 5BR | $4,663 | $905,161 | 0.52% | F |
U.S. Census Bureau data (2024)
2510 is the Fair Market Rent (FMR) for ZIP code 75039 in Irving, TX, for fiscal year 2024, indicating the maximum rental assistance payment standard set by HUD. 1869 represents the actual market rent, known as ZORI, which is significantly lower than the FMR, suggesting that landlords participating in the Section 8 program can receive higher rents compared to the local market average. 644035 is the median home value in the area, reflecting a robust housing market where property values have been on the rise. 84.4% is the proportion of residents who are renters, highlighting a strong demand for rental properties and making the ZIP code an attractive location for landlords. 104853 is the median income in ZIP 75039, providing insight into the financial capacity of potential tenants. The day DOM (Days on Market) is listed as N/A, possibly due to limited data availability, but it does not detract from the overall positive outlook for rental properties in the area. 0.3% is the price-cut share, a very low figure that suggests few landlords need to reduce their rental rates to attract tenants, further reinforcing the stability and attractiveness of the market.
In summary, ZIP 75039 offers a favorable environment for landlords interested in the Section 8 program, with a significant gap between the FMR and market rent, a high percentage of renters, and stable property values. The low price-cut share indicates a competitive advantage for those willing to participate in the program. Landlords can expect steady demand and potentially higher returns when renting to Section 8 participants. The verdict for Section 8 in ZIP 75039 is a strong recommendation for participation, given the alignment of HUD standards with local market conditions.
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.