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Denton County/Frisco/75035

75035

ZIPSAFMR
Denton County, TX
Zillow

ZIP Investment Score

59Below average

095130300
BRFMR
Eff. Rent
0 BR$2,090$2,100
1 BR$2,150$2,080
2 BR$2,530$2,280
3 BR$3,190$2,390
4 BR$4,050$2,880
5 BR$4,658Not available
6 BR$5,356Not available
7 BR$6,160Not available
8 BR$7,083Not available

Purchase Price Calculator

Maximum purchase price
$276,891

Cost breakdown

+Likely effective rent$2,280
HUD FMR$2,530
Market rentUsed$2,280
Est. payment standard (94%)$2,370
-Principal and interest-$1,400
Loan amount$221,512
Down payment$55,378
Rate6.50%
Term30 years
-Operating costs-$680
Property taxes-$277
Insurance-$175
Utilities$0
HOA$0
Management-$228
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$36,427(65.8% ROI)
Projected value
$298,181
Return breakdown
Property appreciation+$21,290
Loan principal paid down+$7,936
Rental cash flow+$7,200
5-year hold
+$62,538(112.9% ROI)
Projected value
$313,276
Return breakdown
Property appreciation+$36,386
Loan principal paid down+$14,152
Rental cash flow+$12,000
10-year hold
+$135,276(244.3% ROI)
Projected value
$354,443
Return breakdown
Property appreciation+$77,553
Loan principal paid down+$33,723
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.00
1 BR
1.03
2 BR
1.11
3 BR
1.33
4 BR
1.41
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 75035 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 75035 (Frisco, TX) is $2,530 a month. That is down 9.0% from $2,780 in FY 2026. Frisco 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. Among 47 ZIP codes in Denton County, 75035 is tied for the 5th-highest two-bedroom rent (county range $1,090–$2,710). The median county two-bedroom FMR in Texas is $1,105, so ZIP 75035 is 129% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 75035
BedroomsFY 2027Change90–110% range
Studio$2,090−8.3%$1,881–$2,299
1BR$2,150−9.3%$1,935–$2,365
2BR$2,530−9.0%$2,277–$2,783
3BR$3,190−8.9%$2,871–$3,509
4BR$4,050−9.0%$3,645–$4,455

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 75035
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,090$2,150$2,530$3,190$4,050
FY 2026$2,280$2,370$2,780$3,500$4,450
FY 2025$2,270$2,390$2,800$3,510$4,510
FY 2024$2,030$2,130$2,500$3,150$4,050
FY 2023$1,890$1,990$2,350$2,960$3,860

Two-bedroom rent in nearby Denton County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 75035
75019$2,100−17.0%
75022$2,420−4.3%
75024$2,410−4.7%
75027$1,890−25.3%
75028$2,580+2.0%
75029$1,890−25.3%
75033$2,330−7.9%
75034$2,360−6.7%
75035Current$2,530—
75036$2,600+2.8%
75056$2,100−17.0%
75057$1,860−26.5%

Questions about ZIP 75035 rents

How much will Section 8 pay for a two-bedroom in ZIP 75035?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,530, that basic range is $2,277 to $2,783 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 ZIP 75035 in?

ZIP 75035 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 ZIP 75035 for FY 2027?

The two-bedroom FMR fell 9.0%, from $2,780 in FY 2026 to $2,530 in FY 2027. Since FY 2023 it has risen 7.7%.

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

County fair market rentFrisco, TX fair market rentTX statewide rentsWhat is SAFMR?Data sources