Location: Sherman-Denison, 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 | $1,330 |
| 1 Bedroom | $1,360 |
| 2 Bedrooms | $1,680 |
| 3 Bedrooms | $2,310 |
| 4 Bedrooms | $2,600 |
| 5 Bedrooms | $3,016 |
| 6 Bedrooms | $3,378 |
| 7 Bedrooms | $3,648 |
| 8 Bedrooms | $3,830 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $2,310 | $346,500 | 0.67% | D |
| 4BR | $2,600 | $449,534 | 0.58% | F |
U.S. Census Bureau data (2024)
ZIP code 75495 is situated within the Sherman-Denison, TX MSA. Its Fair Market Rent (FMR) for 2024 is set at $1410. Comparatively, the average market rent across the Sherman-Denison, TX MSA is higher at $1,905. This indicates that ZIP 75495 has a lower rental cost than what is typically seen in the broader metropolitan area.
The median home value in ZIP 75495 is $432,946, which is also below the average home value found in the Sherman-Denison, TX MSA. This suggests that property costs in 75495 are relatively affordable compared to other areas within the same metro region.
The renter share in ZIP 75495 stands at 16.2%, which is slightly above the national average but may be lower or comparable to the local metro average. Given the lower FMR and home values alongside a modest renter share, ZIP 75495 can be classified as a value pocket within the Sherman-Denison, TX MSA. Landlords and small-portfolio investors should note that while the FMR is significantly lower than the market rent, the renter share isn't exceptionally high, indicating a balance between affordability and demand.
A noteworthy divergence is the combination of a below-average home value with a higher-than-average FMR in relation to the market rent. This could signal an opportunity for landlords who cater to tenants eligible for Section 8 housing assistance, as the lower home values suggest potentially cheaper acquisition costs for investment properties.
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.