FMR is near market; voucher and private rents are aligned.
1.08
2 BR
2 BR- 75065
1.06ratio
FMR$1,910
Market$1,800
vs market+$110
FMR is near market; voucher and private rents are aligned.
1.06
3 BR
3 BR- 75065
1.20ratio
FMR$2,400
Market$2,000
vs market+$400
FMR is above market; underwrite to market rent.
1.20
4 BR
4 BR- 75065
1.19ratio
FMR$3,060
Market$2,580
vs market+$480
FMR is above market; underwrite to market rent.
1.19
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Lake Dallas, TX fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lake Dallas, TX is $1,910 a month. That is down 6.4% from $2,040 in FY 2026. Lake Dallas is in the Dallas, TX HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Texas is $1,105, so Lake Dallas is 73% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Lake Dallas, TX
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,670
$1,580
−5.4%
$1,422–$1,738
1BR
$1,740
$1,620
−6.9%
$1,458–$1,782
2BR
$2,040
$1,910
−6.4%
$1,719–$2,101
3BR
$2,570
$2,400
−6.6%
$2,160–$2,640
4BR
$3,270
$3,060
−6.4%
$2,754–$3,366
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Lake Dallas, TX
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,580
$1,620
$1,910
$2,400
$3,060
FY 2026
$1,670
$1,740
$2,040
$2,570
$3,270
FY 2025
$1,610
$1,690
$1,980
$2,480
$3,190
FY 2024
$1,480
$1,550
$1,820
$2,290
$2,950
FY 2023
$1,340
$1,410
$1,660
$2,090
$2,730
Questions about Lake Dallas, TX rents
How much will Section 8 pay for a two-bedroom in Lake Dallas, TX?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,910, that basic range is $1,719 to $2,101 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Lake Dallas, TX in?
Lake Dallas, TX is in the Dallas, TX HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Lake Dallas, TX for FY 2027?
The two-bedroom FMR fell 6.4%, from $2,040 in FY 2026 to $1,910 in FY 2027. Since FY 2023 it has risen 15.1%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set