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 | $1,300 |
| 1 Bedroom | $1,340 |
| 2 Bedrooms | $1,580 |
| 3 Bedrooms | $1,990 |
| 4 Bedrooms | $2,530 |
| 5 Bedrooms | $2,935 |
| 6 Bedrooms | $3,287 |
| 7 Bedrooms | $3,550 |
| 8 Bedrooms | $3,728 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,580 | $185,685 | 0.85% | C |
| 3BR | $1,990 | $244,523 | 0.81% | C |
| 4BR | $2,530 | $312,032 | 0.81% | C |
| 5BR | $2,935 | $420,848 | 0.7% | D |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP 75041, Garland, TX, is marked by a median home value of $245,302. This figure, coupled with the observation that only 0.3% of listings have been reduced, suggests a market where sellers retain significant pricing power. The negligible reduction in listing prices indicates that homeowners are holding firm on their asking prices, reflecting confidence in the local housing demand. The median days on market (DOM) being listed as N/A could imply either a very quick selling process or a less active market reporting system, but given the context of reduced listings, it leans towards a robust seller's market.
On the rental side, the forward market rent (FMR) for ZIP 75041 in fiscal year 2024 is projected at $1,550, while the current market rent (ZORI) stands at $1,744. This discrepancy signals that landlords currently enjoy a higher rental income compared to what might be expected in the near future. The gap between FMR and ZORI suggests potential downward pressure on rents, which could affect the profitability of rental properties over the next 12 to 24 months.
For long-hold investors, the setup implies a cautious approach to valuation and investment timing. The strong seller's market, indicated by the pricing power and low reduction rates, contrasts with the potential softening in rental markets. While the current median home value provides a solid base for investment, the future appreciation thesis must account for the rental market dynamics. Long-term investors should expect modest appreciation, if any, due to the balance between stable home values and the risk of declining rental incomes. This scenario underscores the importance of diversifying investment strategies and considering both purchase and rental yields when making decisions in ZIP 75041.
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.