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 | $1,180 |
| 1 Bedroom | $1,220 |
| 2 Bedrooms | $1,430 |
| 3 Bedrooms | $1,800 |
| 4 Bedrooms | $2,290 |
| 5 Bedrooms | $2,656 |
| 6 Bedrooms | $2,975 |
| 7 Bedrooms | $3,213 |
| 8 Bedrooms | $3,374 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,220 | $148,410 | 0.82% | C |
| 2BR | $1,430 | $196,589 | 0.73% | D |
| 3BR | $1,800 | $237,819 | 0.76% | D |
| 4BR | $2,290 | $277,514 | 0.83% | C |
| 5BR | $2,656 | $301,081 | 0.88% | C |
U.S. Census Bureau data (2024)
Cockrell Hill, ZIP code 75211, functions as a dense, primarily residential suburb situated immediately southwest of downtown Dallas. The area is characterized by a blend of older single-family bungalows and multi-family structures, offering an urban-suburban feel that appeals to renters working in the greater metro area. Local amenities are centered around the Mountain Creek Lake area, providing recreational opportunities, while the presence of the Dallas Independent School District serves as a major institutional anchor for families residing in the neighborhood.
From a financial perspective, the data reveals a compressed but viable margin for Section 8 operators. The HUD Fair Market Rent (FMR) for a 2-bedroom unit in FY2026 is set at $1,530, while current market rents (Zillow ZORI) sit at $1,448. This creates a positive spread of $82 per month in favor of voucher holders. Property values remain accessible, with a median home value of $229,039 and a specific median 2BR sale price of $200,533, though investors should note a median duration of 58 days on market, suggesting a sales cycle that is neither rapid nor stagnant.
Demand fundamentals are bolstered by a substantial renter population of 47.4% and a median household income of $56,807. This income level, combined with high rental density, indicates a strong potential pool of Section 8 applicants who may need subsidy assistance to bridge the gap between local earnings and housing costs. The neighborhood’s proximity to major arterial highways facilitates transit for these tenants, although investors should vet local school performance ratings carefully, as educational quality often drives long-term family retention.
The verdict for 75211 leans toward a stability and cash-flow play. The immediate premium offered by the 2BR FMR over market rent suggests that voucher payments can effectively cap vacancy risk while meeting or exceeding typical gross income. With a lower median entry price for 2-bedroom homes at $200,533, the potential for reasonable rental yields exists, provided investors manage the 58-day liquidity cycle on the resale side effectively.
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.