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Collin County/McKinney/75071

75071

ZIPSAFMR
Collin County, TX
Zillow

ZIP Investment Score

78Below average

095130300
BRFMR
Eff. Rent
0 BR$2,000$1,540
1 BR$2,070$1,730
2 BR$2,430$2,270
3 BR$3,060$2,630
4 BR$3,890$2,380
5 BR$4,474Not available
6 BR$5,145Not available
7 BR$5,916Not available
8 BR$6,804Not available

Purchase Price Calculator

Maximum purchase price
$275,405

Cost breakdown

+Likely effective rent$2,270
HUD FMR$2,430
Market rentUsed$2,270
Est. payment standard (96%)$2,330
-Principal and interest-$1,393
Loan amount$220,324
Down payment$55,081
Rate6.50%
Term30 years
-Operating costs-$677
Property taxes-$275
Insurance-$175
Utilities$0
HOA$0
Management-$227
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$36,270(65.8% ROI)
Projected value
$296,581
Return breakdown
Property appreciation+$21,176
Loan principal paid down+$7,894
Rental cash flow+$7,200
5-year hold
+$62,267(113.0% ROI)
Projected value
$311,595
Return breakdown
Property appreciation+$36,190
Loan principal paid down+$14,077
Rental cash flow+$12,000
10-year hold
+$134,678(244.5% ROI)
Projected value
$352,541
Return breakdown
Property appreciation+$77,137
Loan principal paid down+$33,542
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.30
1 BR
1.20
2 BR
1.07
3 BR
1.16
4 BR
1.63
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 75071 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 75071 (McKinney, TX) is $2,430 a month. That is down 8.0% from $2,640 in FY 2026. McKinney 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 Collin County, 75071 has the 6th-highest two-bedroom rent (county range $1,100–$2,710). The median county two-bedroom FMR in Texas is $1,105, so ZIP 75071 is 120% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 75071
BedroomsFY 2027Change90–110% range
Studio$2,000−7.4%$1,800–$2,200
1BR$2,070−8.0%$1,863–$2,277
2BR$2,430−8.0%$2,187–$2,673
3BR$3,060−7.8%$2,754–$3,366
4BR$3,890−8.0%$3,501–$4,279

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 75071
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,000$2,070$2,430$3,060$3,890
FY 2026$2,160$2,250$2,640$3,320$4,230
FY 2025$2,100$2,200$2,580$3,230$4,150
FY 2024$1,960$2,060$2,410$3,030$3,900
FY 2023$1,720$1,810$2,140$2,700$3,520

Two-bedroom rent in nearby Collin County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 75071
75058$1,700−30.0%
75069$1,890−22.2%
75070$2,140−11.9%
75071Current$2,430—
75072$2,710+11.5%
75074$1,940−20.2%
75075$1,900−21.8%
75078$2,590+6.6%
75080$2,080−14.4%
75082$2,320−4.5%
75086$2,070−14.8%
75087$1,970−18.9%

Questions about ZIP 75071 rents

How much will Section 8 pay for a two-bedroom in ZIP 75071?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,430, that basic range is $2,187 to $2,673 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 75071 in?

ZIP 75071 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 75071 for FY 2027?

The two-bedroom FMR fell 8.0%, from $2,640 in FY 2026 to $2,430 in FY 2027. Since FY 2023 it has risen 13.6%.

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