For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 75132 (Fate, TX) is $2,200 a month. That is down 5.2% from $2,320 in FY 2026. Fate 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 9 ZIP codes in Rockwall County, 75132 has the 7th-highest two-bedroom rent (county range $1,390–$2,390). The median county two-bedroom FMR in Texas is $1,105, so ZIP 75132 is 99% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 75132
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,900
$1,810
−4.7%
$1,629–$1,991
1BR
$1,980
$1,870
−5.6%
$1,683–$2,057
2BR
$2,320
$2,200
−5.2%
$1,980–$2,420
3BR
$2,920
$2,770
−5.1%
$2,493–$3,047
4BR
$3,710
$3,520
−5.1%
$3,168–$3,872
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 75132
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,810
$1,870
$2,200
$2,770
$3,520
FY 2026
$1,900
$1,980
$2,320
$2,920
$3,710
FY 2025
$1,840
$1,930
$2,270
$2,840
$3,650
FY 2024
$1,720
$1,810
$2,120
$2,670
$3,430
FY 2023
$1,590
$1,680
$1,980
$2,500
$3,250
Two-bedroom rent in nearby Rockwall County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 75132?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,200, that basic range is $1,980 to $2,420 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 75132 in?
ZIP 75132 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 75132 for FY 2027?
The two-bedroom FMR fell 5.2%, from $2,320 in FY 2026 to $2,200 in FY 2027. Since FY 2023 it has risen 11.1%.
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