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75061

ZIPSAFMR
Dallas County, TX

ZIP Investment Score

88Below average

095130300
BRFMR
Eff. Rent
0 BR$1,310$1,080
1 BR$1,350$1,410
2 BR$1,590$1,690
3 BR$2,000$2,120
4 BR$2,540$2,590
5 BR$2,921Not available
6 BR$3,359Not available
7 BR$3,863Not available
8 BR$4,442Not available

Purchase Price Calculator

Maximum purchase price
$189,217

Cost breakdown

+Likely effective rent$1,690
HUD FMR$1,590
Market rent$1,750
Est. payment standard (107%)Used$1,690
-Principal and interest-$957
Loan amount$151,373
Down payment$37,843
Rate6.50%
Term30 years
-Operating costs-$533
Property taxes-$189
Insurance-$175
Utilities$0
HOA$0
Management-$169
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,172(71.8% ROI)
Projected value
$203,766
Return breakdown
Property appreciation+$14,549
Loan principal paid down+$5,423
Rental cash flow+$7,200
5-year hold
+$46,536(123.0% ROI)
Projected value
$214,081
Return breakdown
Property appreciation+$24,865
Loan principal paid down+$9,671
Rental cash flow+$12,000
10-year hold
+$100,042(264.4% ROI)
Projected value
$242,214
Return breakdown
Property appreciation+$52,997
Loan principal paid down+$23,045
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.21
1 BR
0.94
2 BR
0.91
3 BR
0.91
4 BR
0.97
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 75061 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 75061 (Irving, TX) is $1,590 a month. That is down 7.6% from $1,720 in FY 2026. Irving 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, 75061 has the 111th-highest two-bedroom rent (county range $1,130–$2,710). The median county two-bedroom FMR in Texas is $1,105, so ZIP 75061 is 44% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 75061
BedroomsFY 2027Change90–110% range
Studio$1,310−7.1%$1,179–$1,441
1BR$1,350−8.2%$1,215–$1,485
2BR$1,590−7.6%$1,431–$1,749
3BR$2,000−7.8%$1,800–$2,200
4BR$2,540−7.6%$2,286–$2,794

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 75061
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,310$1,350$1,590$2,000$2,540
FY 2026$1,410$1,470$1,720$2,170$2,750
FY 2025$1,360$1,420$1,670$2,090$2,690
FY 2024$1,280$1,350$1,580$1,990$2,560
FY 2023$1,140$1,200$1,420$1,790$2,330

Two-bedroom rent in nearby Dallas County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 75061
75048$2,100+32.1%
75049$1,720+8.2%
75050$1,790+12.6%
75051$1,430−10.1%
75052$2,040+28.3%
75053$1,730+8.8%
75054$2,360+48.4%
75060$1,610+1.3%
75061Current$1,590—
75062$1,700+6.9%
75063$2,110+32.7%
75067$1,900+19.5%

Questions about ZIP 75061 rents

How much will Section 8 pay for a two-bedroom in ZIP 75061?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,590, that basic range is $1,431 to $1,749 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 75061 in?

ZIP 75061 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 75061 for FY 2027?

The two-bedroom FMR fell 7.6%, from $1,720 in FY 2026 to $1,590 in FY 2027. Since FY 2023 it has risen 12.0%.

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