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 | $1,870 |
| 1 Bedroom | $1,930 |
| 2 Bedrooms | $2,270 |
| 3 Bedrooms | $2,860 |
| 4 Bedrooms | $3,630 |
| 5 Bedrooms | $4,211 |
| 6 Bedrooms | $4,716 |
| 7 Bedrooms | $5,093 |
| 8 Bedrooms | $5,348 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,270 | $203,026 | 1.12% | B |
| 3BR | $2,860 | $273,003 | 1.05% | B |
| 4BR | $3,630 | $333,804 | 1.09% | B |
| 5BR | $4,211 | $409,916 | 1.03% | B |
U.S. Census Bureau data (2024)
Forney, Texas (ZIP 75126) operates as a distinctive "Gateway to East Texas," offering small-town charm with convenient access to the Dallas metroplex. The community features a historic downtown district and is anchored by major developments like the Forney Marketplace, which provides significant retail employment and serves as a commercial hub for Kaufman County residents. This area appeals to families seeking suburban living with ample space and a growing inventory of amenities.
Financially, the data reveals a compelling arbitrage for voucher landlords. The FY2026 Fair Market Rent for a 2-bedroom unit is $2,480, yet current market rents (Zillow ZORI) average only $1,987, leaving a substantial gap of $493 per month. With median home values at $314,028 and properties sitting on the market for a median of 115 days, the acquisition cost is relatively high compared to the rental rate, but the Section 8 ceiling provides a buffer against slow leasing cycles.
With a median household income of $103,673 and a renter share of just 19.5%, Forney is predominantly an ownership community, implying lower overall tenant turnover but a smaller conventional renter pool. For investors, the city is served by highly-rated Forney Independent School District, a critical driver for families utilizing housing vouchers who prioritize educational stability. The combination of quality schools and family-friendly neighborhood character supports consistent demand for quality units.
The Section 8 verdict for Forney 75126 leans toward stability over aggressive cashflow. While the 19.5% renter share limits volume, the $493 gap between FMR and market rent acts as a strong safety net. This is a solid play for investors seeking lower vacancy risk and government-backed income in a high-equity market, rather than high-yield density found in urban cores.
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.