Location: Dallas, TX | Metro: Dallas, TX HUD Metro FMR Area
| 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 |
ZIP code 75390 is situated within the Dallas, TX HUD Metro FMR Area. Its Fair Market Rent (FMR) for a 1-bedroom apartment is $1,680 in fiscal year 2024, slightly above the metro-wide FMR of $1,648 for the same period. However, specific data for market rent, home value, and renter share for ZIP 75390 is not available.
In the Dallas, TX HUD Metro FMR Area, the proposed FMR for a 1-bedroom apartment in fiscal year 2026 is $1,648 per month. This represents a 2.6% increase from the 2025 figure of $1,606, indicating steady demand pressure in the rental market. The FMR for a 2-bedroom apartment is projected to be $1,931, which is 64% higher than the national average of $1,175.
The lack of specific market rent and home value data for ZIP 75390 makes it challenging to determine its exact position relative to other ZIP codes within the Dallas metro. However, given the FMR figures, it can be inferred that ZIP 75390 is likely a mid-tier neighborhood within the Dallas, TX HUD Metro FMR Area. It is neither a value pocket with lower-than-average rents nor a premium sub-market with significantly higher rents.
Without the renter share percentage, it is difficult to pinpoint whether ZIP 75390 has a higher concentration of renters who might benefit from Section 8 vouchers. Typically, a high renter share combined with below-metro average home values would indicate a potential sweet spot for Section 8 investments. However, since the renter share for ZIP 75390 is not provided, this inference cannot be made definitively.
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.