Section 8 Fair Market Rent (FMR) for ZIP 75075 - 2027

Location: Dallas, TX | Metro: Dallas, TX HUD Metro FMR Area

Investment Score for ZIP 75075

Monthly Rent (2BR)

$1,900

Median Price (2BR)

$258,160

1% Rule

0.74%

Annual Yield

8.83%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,570
1 Bedroom	$1,610
2 Bedrooms	$1,900
3 Bedrooms	$2,390
4 Bedrooms	$3,040
5 Bedrooms	$3,526
6 Bedrooms	$3,949
7 Bedrooms	$4,265
8 Bedrooms	$4,478

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
2BR	$1,900	$258,160	0.74%	D
3BR	$2,390	$431,482	0.55%	F
4BR	$3,040	$502,738	0.6%	D
5BR	$3,526	$639,180	0.55%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

38,135

Median Household Income

$98,365

Housing Units

16,556

Renter Percentage

38.9%

Occupancy Rate

93.8%

Renter Occupied

6,050

ZIP code 75075, located in Plano, TX, falls within the larger Dallas, TX HUD Metro FMR Area. Its Fair Market Rent (FMR) for fiscal year 2024 is set at $1,930, which is notably higher than the market rent figure of $1,633. This suggests that landlords in 75075 may be able to charge slightly above the market rate when participating in the Section 8 program, due to the higher subsidy limit.

The median home value in 75075 is $452,562, placing it firmly in the mid-tier range for the Dallas metro area. However, the renter share in 75075 is 38.9%, which is relatively high compared to the typical ZIP codes in the Dallas, TX HUD Metro FMR Area. A higher renter share indicates a greater demand for rental properties, potentially leading to increased competition among tenants.

To determine if 75075 represents a value pocket, a mid-tier neighborhood, or a premium sub-market within its metro, consider the following:

Fair Market Rent vs. Market Rent: The $1,930 FMR is higher than the $1,633 market rent, suggesting a favorable environment for landlords who can leverage the Section 8 program to attract tenants willing to pay closer to the subsidized rate.
Home Values: With a median home value of $452,562, 75075 is neither the most expensive nor the least expensive ZIP code in the Dallas area, indicating a balanced market for both homeowners and renters.
Renter Share: The 38.9% renter share is significant and could indicate a strong rental market. High renter share combined with a below-average home value for the metro area might signal a sweet spot for Section 8 investors looking for a balance between affordability and tenant demand.

In conclusion, ZIP code 75075 appears to be a mid-tier neighborhood within the Dallas, TX HUD Metro FMR Area. While it offers competitive opportunities for Section 8 landlords due to the higher FMR and substantial renter share, it is not necessarily a value pocket or a premium sub-market. Landlords should carefully evaluate the local rental market dynamics to maximize their investment potential.

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.