Section 8 Fair Market Rent (FMR) for ZIP 75270 - 2027

FY 2027 Fair Market Rent Rates

The ZIP code 75270, located in Dallas, Texas, is characterized by its urban setting and proximity to commercial areas, making it a prime location for rental properties. The area benefits from a diverse economic base, which includes retail, healthcare, and residential services.

• The Fair Market Rent (FMR) for a two-bedroom apartment in ZIP 75270 for fiscal year 2024 is set at $1680.
• The median home value in this ZIP code is currently N/A, indicating a lack of sufficient data to provide an accurate figure.
• The percentage of residents who are renters in ZIP 75270 is N/A%, suggesting that there is either limited data or a significant portion of homeownership.
• The average number of days on the market (DOM) for rental listings is N/A, which could imply either a highly competitive market or insufficient data to determine the trend.
• The median household income in ZIP 75270 is N/A, reflecting the need for more detailed economic indicators to fully assess the financial health of the area's residents.

Given the data points available, landlords and small-portfolio investors can expect a stable rental market with a fair market rent of $1680 for a two-bedroom unit. However, the lack of specific data on median home values, renter share, DOM, and median income suggests that further research is necessary to make informed decisions about investment opportunities in this area. The absence of these key metrics makes it challenging to fully evaluate the potential risks and returns associated with property investments in ZIP 75270.

Data Sources: FMR data from HUD (2027).

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.