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 | $1,250 |
| 1 Bedroom | $1,290 |
| 2 Bedrooms | $1,520 |
| 3 Bedrooms | $1,910 |
| 4 Bedrooms | $2,430 |
| 5 Bedrooms | $2,819 |
| 6 Bedrooms | $3,157 |
| 7 Bedrooms | $3,410 |
| 8 Bedrooms | $3,581 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,520 | $151,997 | 1% | B |
| 3BR | $1,910 | $221,076 | 0.86% | C |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP 75172 (Wilmer, TX) suggests a balanced market with moderate pricing power for landlords and small-portfolio investors over the next 12-24 months. The median home value stands at $221,080, which provides a stable foundation for property values in the area. However, the lack of data on reduced listings and median days on market (DOM) indicates that there might be limited insights into recent trends in the housing market.
On the rental side, the Federal Market Rent (FMR) for ZIP 75172 in fiscal year 2024 is projected at $1,320, while the current market rent, according to Census ACS data, is $1,364. This slight disparity signals that landlords can maintain their current rents without significant adjustments, barring any unforeseen economic shifts. The small gap between FMR and market rent also suggests that the rental market is relatively efficient, with minimal room for substantial price increases or decreases.
For long-term investors, the data points to a modest appreciation thesis. With a median home value that has remained relatively steady and the rental market showing only a minor difference between FMR and actual market rates, it's reasonable to anticipate that property values will continue to appreciate at a rate consistent with historical trends in the area. Long-hold investors should expect an annual appreciation rate of approximately 2-3%, which aligns with broader national averages and the local economic conditions.
A balanced approach to investment in Wilmer, TX, is advisable given the current data. Landlords and small-portfolio investors should focus on maintaining properties at a level that justifies the median home value and current market rents. They should also be prepared for a market that will likely see gradual growth rather than rapid spikes in value or rent.
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.