Location: Dallas, TX | Metro: Dallas, TX HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,630 |
| 1 Bedroom | $1,680 |
| 2 Bedrooms | $1,980 |
| 3 Bedrooms | $2,490 |
| 4 Bedrooms | $3,170 |
| 5 Bedrooms | $3,677 |
| 6 Bedrooms | $4,118 |
| 7 Bedrooms | $4,447 |
| 8 Bedrooms | $4,669 |
U.S. Census Bureau data (2024)
ZIP code 75226 is positioned within the larger Dallas, TX HUD Metro FMR Area. Its Fair Market Rent (FMR) for FY 2024 is set at $1,910, which is higher than the market rent figure of $1,572. This indicates that the government's benchmark for rental affordability exceeds what the market is currently offering, potentially suggesting a favorable environment for landlords participating in the Section 8 program.
The median home value in ZIP 75226 is $307,292. This is relatively low compared to other ZIP codes within the Dallas area, which typically have higher home values. However, the renter share in 75226 is quite high at 96.5%, significantly above the average for the Dallas, TX HUD Metro FMR Area. A high renter share combined with lower-than-average home values can signal a strong demand for rental properties, particularly those that could be part of the Section 8 program.
To determine if ZIP 75226 is a value pocket, mid-tier neighborhood, or a premium sub-market within the Dallas metro, we must consider the interplay between its FMR, market rent, home values, and renter share. The FMR being higher than the market rent suggests that properties here might be more attractive to Section 8 participants, who are often limited by the government-set rent levels. With a median home value that is below the metro average but a much higher renter share, it appears that 75226 is a value pocket for Section 8 investors.
A value pocket is characterized by lower property values and a high concentration of renters, making it an ideal location for those seeking affordable entry into the rental market while still benefiting from a significant tenant pool. Landlords and small-portfolio investors should take note of these figures when considering investment opportunities in the Dallas area, as ZIP 75226 presents a unique opportunity where the high renter share aligns well with the lower home values, creating a potential sweet spot for Section 8 properties.
Data Sources: FMR data from HUD (2027). 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.