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 | $1,850 |
| 1 Bedroom | $1,920 |
| 2 Bedrooms | $2,250 |
| 3 Bedrooms | $2,840 |
| 4 Bedrooms | $3,600 |
| 5 Bedrooms | $4,176 |
| 6 Bedrooms | $4,677 |
| 7 Bedrooms | $5,051 |
| 8 Bedrooms | $5,304 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $2,840 | $446,607 | 0.64% | D |
| 4BR | $3,600 | $566,885 | 0.64% | D |
| 5BR | $4,176 | $642,527 | 0.65% | D |
U.S. Census Bureau data (2024)
The market in ZIP 75167 presents a dynamic equilibrium between supply and demand, leaning slightly towards supply outpacing demand. This inference is drawn from the snapshot of key metrics. The Fair Market Rent (FMR) for the area stands at $2320 for zip FY 2024, while the actual market rent, measured by ZORI, is $2,100. This indicates that landlords are setting rents below the FMR, suggesting a competitive rental market.
A further indication of a balanced but slightly oversupplied market is the 0.3% price-cut share, which implies that while few properties are being discounted, there is still enough inventory to warrant some flexibility in pricing. Additionally, the days on market (DOM) figure of 60 days suggests that properties take a moderate amount of time to sell, neither too quickly nor too slowly, which aligns with the notion of a stable but slightly soft market.
The median home value in ZIP 75167 is $501,577. This figure provides insight into the overall housing affordability and can be used to gauge the financial health of homeowners in the area. It also reflects the general property values, which can influence investment decisions for both residential and commercial properties.
The 9.2% renter share is a critical metric for understanding long-term housing pressures. In ZIP 75167, this relatively low percentage of renters compared to homeowners suggests a preference for ownership among residents. However, it also points to potential challenges in maintaining a robust rental market. As the number of renters increases over time due to various factors such as economic conditions or population growth, the pressure on rental availability could rise, potentially driving up rents if the supply of rental units does not keep pace with demand.
In summary, ZIP 75167 is characterized by a market where supply is currently sufficient to meet demand, but the low renter share and other indicators suggest a nuanced landscape. Landlords and small-portfolio investors should remain vigilant to shifts in these dynamics, particularly in how changes in the renter share might impact future 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.