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 | $1,530 |
| 1 Bedroom | $1,570 |
| 2 Bedrooms | $1,850 |
| 3 Bedrooms | $2,330 |
| 4 Bedrooms | $2,960 |
| 5 Bedrooms | $3,434 |
| 6 Bedrooms | $3,846 |
| 7 Bedrooms | $4,154 |
| 8 Bedrooms | $4,362 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $2,330 | $323,110 | 0.72% | D |
| 4BR | $2,960 | $443,956 | 0.67% | D |
U.S. Census Bureau data (2024)
The economics of Section 8 in ZIP 75152 are straightforward. The SAFMR (Standard Area Fair Market Rent) for a two-bedroom apartment in this specific ZIP code for fiscal year 2024 is set at $1850. This figure represents the maximum amount that the Housing Choice Voucher Program will pay towards the rent for a two-bedroom unit. However, it's important to note that the local market rent, based on Census ACS data, averages at $1,651.
A voucher payment is structured as follows: the landlord receives a reimbursement from the government, which covers the difference between the tenant’s portion and the total rent. For a two-bedroom apartment, the tenant is typically required to pay 30% of their adjusted income towards rent. If we assume an average adjusted income of $1,500 for a household in ZIP 75152, the tenant would pay around $450 per month.
The government then pays the remaining balance up to the SAFMR limit. In this case, the reimbursement would be $1850 minus the tenant’s contribution of $450, equaling $1400. Additionally, there are utility allowances that can vary but generally add a few hundred dollars to the total reimbursement. For simplicity, let’s say the utility allowance is $200, bringing the total reimbursement to $1600.
This means that for a two-bedroom apartment in ZIP 75152, the typical reimbursement gap or surplus is minimal. Given the local market rent of $1,651, the landlord would receive slightly less than the market rate, resulting in a reimbursement gap of $51. However, if the market rent is below the SAFMR, such as in cases where the actual rent charged is $1,500, the landlord would receive $100 more than the market rate, creating a surplus.
In summary, landlords in ZIP 75152 should expect a reimbursement close to the market rent when leasing a two-bedroom apartment under the Section 8 program. The SAFMR ensures that the rent is affordable for tenants while providing a predictable income stream for landlords, though it may result in a small financial gap compared to market rates.
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.