FMR is near market; voucher and private rents are aligned.
1.08
1 BR
1 BR
1.00ratio
FMR$1,470
Market$1,470
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
2 BR
2 BR
1.01ratio
FMR$1,730
Market$1,710
vs market+$20
FMR is near market; voucher and private rents are aligned.
1.01
3 BR
3 BR
1.03ratio
FMR$2,210
Market$2,140
vs market+$70
FMR is near market; voucher and private rents are aligned.
1.03
4 BR
4 BR
1.08ratio
FMR$2,790
Market$2,590
vs market+$200
FMR is near market; voucher and private rents are aligned.
1.08
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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ZIP 75053 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 75053 (Grand Prairie, TX) is $1,730 a month. That is down 3.9% from $1,800 in FY 2026. Grand Prairie 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, 75053 has the 55th-highest two-bedroom rent (county range $1,130–$2,710). The median county two-bedroom FMR in Texas is $1,105, so ZIP 75053 is 57% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 75053
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,480
$1,430
−3.4%
$1,287–$1,573
1BR
$1,540
$1,470
−4.5%
$1,323–$1,617
2BR
$1,800
$1,730
−3.9%
$1,557–$1,903
3BR
$2,310
$2,210
−4.3%
$1,989–$2,431
4BR
$2,910
$2,790
−4.1%
$2,511–$3,069
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 75053
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,430
$1,470
$1,730
$2,210
$2,790
FY 2026
$1,480
$1,540
$1,800
$2,310
$2,910
FY 2025
$1,430
$1,510
$1,770
$2,260
$2,850
FY 2024
$1,330
$1,420
$1,660
$2,120
$2,690
FY 2023
$1,170
$1,250
$1,480
$1,900
$2,430
Two-bedroom rent in nearby Dallas County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 75053?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,730, that basic range is $1,557 to $1,903 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 75053 in?
ZIP 75053 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 75053 for FY 2027?
The two-bedroom FMR fell 3.9%, from $1,800 in FY 2026 to $1,730 in FY 2027. Since FY 2023 it has risen 16.9%.
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