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Dallas County/Garland/75043

75043

ZIPSAFMR
Dallas County, TX
Zillow

ZIP Investment Score

89Below average

095130300
BRFMR
Eff. Rent
0 BR$1,440$1,440
1 BR$1,480$1,340
2 BR$1,740$1,860
3 BR$2,190$2,110
4 BR$2,780$2,450
5 BR$3,197Not available
6 BR$3,677Not available
7 BR$4,228Not available
8 BR$4,862Not available

Purchase Price Calculator

Maximum purchase price
$214,479

Cost breakdown

+Likely effective rent$1,860
HUD FMR$1,740
Market rent$1,930
Est. payment standard (107%)Used$1,860
-Principal and interest-$1,085
Loan amount$171,583
Down payment$42,896
Rate6.50%
Term30 years
-Operating costs-$575
Property taxes-$214
Insurance-$175
Utilities$0
HOA$0
Management-$186
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,839(69.6% ROI)
Projected value
$230,970
Return breakdown
Property appreciation+$16,491
Loan principal paid down+$6,147
Rental cash flow+$7,200
5-year hold
+$51,147(119.2% ROI)
Projected value
$242,663
Return breakdown
Property appreciation+$28,184
Loan principal paid down+$10,962
Rental cash flow+$12,000
10-year hold
+$110,194(256.9% ROI)
Projected value
$274,551
Return breakdown
Property appreciation+$60,072
Loan principal paid down+$26,122
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.00
1 BR
1.10
2 BR
0.90
3 BR
1.04
4 BR
1.13
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 75043 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 75043 (Garland, TX) is $1,740 a month. That is down 7.4% from $1,880 in FY 2026. Garland 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 139 ZIP codes in Dallas County, 75043 has the 54th-highest two-bedroom rent (county range $1,130–$2,710). The median county two-bedroom FMR in Texas is $1,105, so ZIP 75043 is 58% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 75043
BedroomsFY 2027Change90–110% range
Studio$1,440−6.5%$1,296–$1,584
1BR$1,480−7.5%$1,332–$1,628
2BR$1,740−7.4%$1,566–$1,914
3BR$2,190−7.6%$1,971–$2,409
4BR$2,780−7.6%$2,502–$3,058

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 75043
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,440$1,480$1,740$2,190$2,780
FY 2026$1,540$1,600$1,880$2,370$3,010
FY 2025$1,470$1,540$1,810$2,270$2,910
FY 2024$1,370$1,440$1,690$2,130$2,740
FY 2023$1,220$1,290$1,520$1,920$2,500

Two-bedroom rent in nearby Dallas County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 75043
75038$1,940+11.5%
75039$2,510+44.3%
75040$1,900+9.2%
75041$1,580−9.2%
75042$1,550−10.9%
75043Current$1,740—
75044$1,990+14.4%
75045$1,720−1.1%
75046$1,720−1.1%
75047$1,720−1.1%
75048$2,100+20.7%
75049$1,720−1.1%

Questions about ZIP 75043 rents

How much will Section 8 pay for a two-bedroom in ZIP 75043?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,740, that basic range is $1,566 to $1,914 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 75043 in?

ZIP 75043 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 75043 for FY 2027?

The two-bedroom FMR fell 7.4%, from $1,880 in FY 2026 to $1,740 in FY 2027. Since FY 2023 it has risen 14.5%.

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