Section 8 Fair Market Rent (FMR) for ZIP 75357 - 2027

Location: Dallas, TX | Metro: Dallas, TX HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,420
1 Bedroom	$1,460
2 Bedrooms	$1,720
3 Bedrooms	$2,170
4 Bedrooms	$2,750
5 Bedrooms	$3,190
6 Bedrooms	$3,573
7 Bedrooms	$3,859
8 Bedrooms	$4,052

The ZIP code 75357, located in Texas, is a region that offers opportunities for real estate investment, particularly in the rental market. The area is characterized by its moderate cost of living and a mix of residential properties. Below is a concise analysis based on the available data points.

The Fair Market Rent (FMR) for a two-bedroom apartment in ZIP 75357 for fiscal year 2024 is set at $1680. This figure represents the maximum amount that low-income families should pay for housing.
The actual market rent for the area is currently unavailable, which makes it difficult to compare against the FMR and gauge the competitiveness of rental prices.
The median home value in ZIP 75357 is also unavailable, indicating that there might be limited data on the sales of single-family homes in this region.
The percentage of residents who are renters is unavailable, which would typically provide insight into the demand for rental properties.
The Days on Market (DOM) for properties in this ZIP code is unavailable, making it challenging to assess how quickly properties are selling or renting.
The median household income for ZIP 75357 is unavailable, which is crucial for understanding the economic capacity of potential tenants and buyers.

In summary, while the Fair Market Rent for ZIP 75357 provides a benchmark for affordable housing, the lack of specific market data such as market rent, median home values, and demographic indicators like renter share and median income limits a comprehensive analysis. Landlords and small-portfolio investors should consider supplementing these data gaps with local insights and trends to make informed decisions about property investments in this area.

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.