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Dallas County/Dallas/75205

75205

ZIPSAFMR
Dallas County, TX
Zillow

ZIP Investment Score

25Below average

095130300
BRFMR
Eff. Rent
0 BR$2,240$1,900
1 BR$2,300$2,300
2 BR$2,710$2,980
3 BR$3,410$3,750
4 BR$4,340$4,770
5 BR$4,991Not available
6 BR$5,740Not available
7 BR$6,601Not available
8 BR$7,591Not available

Purchase Price Calculator

Maximum purchase price
$380,910

Cost breakdown

+Likely effective rent$2,980
HUD FMR$2,710
Market rent$3,230
Est. payment standard (110%)Used$2,980
-Principal and interest-$1,926
Loan amount$304,728
Down payment$76,182
Rate6.50%
Term30 years
-Operating costs-$854
Property taxes-$381
Insurance-$175
Utilities$0
HOA$0
Management-$298
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$47,406(62.2% ROI)
Projected value
$410,199
Return breakdown
Property appreciation+$29,288
Loan principal paid down+$10,918
Rental cash flow+$7,200
5-year hold
+$81,524(107.0% ROI)
Projected value
$430,965
Return breakdown
Property appreciation+$50,055
Loan principal paid down+$19,469
Rental cash flow+$12,000
10-year hold
+$177,079(232.4% ROI)
Projected value
$487,597
Return breakdown
Property appreciation+$106,687
Loan principal paid down+$46,391
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.18
1 BR
1.00
2 BR
0.84
3 BR
0.69
4 BR
0.66
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 75205 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 75205 (Dallas, TX) is $2,710 a month. That is down 5.9% from $2,880 in FY 2026. Dallas 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, 75205 is tied for the highest two-bedroom rent (county range $1,130–$2,710). The median county two-bedroom FMR in Texas is $1,105, so ZIP 75205 is 145% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 75205
BedroomsFY 2027Change90–110% range
Studio$2,240−5.1%$2,016–$2,464
1BR$2,300−6.5%$2,070–$2,530
2BR$2,710−5.9%$2,439–$2,981
3BR$3,410−6.1%$3,069–$3,751
4BR$4,340−5.9%$3,906–$4,774

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 75205
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,240$2,300$2,710$3,410$4,340
FY 2026$2,360$2,460$2,880$3,630$4,610
FY 2025$2,250$2,360$2,770$3,470$4,460
FY 2024$2,040$2,140$2,510$3,160$4,060
FY 2023$1,770$1,860$2,200$2,770$3,620

Two-bedroom rent in nearby Dallas County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 75205
75201$2,7100.0%
75202$2,330−14.0%
75203$1,410−48.0%
75204$2,550−5.9%
75205Current$2,710—
75206$2,230−17.7%
75207$2,140−21.0%
75208$1,970−27.3%
75209$2,080−23.2%
75210$1,130−58.3%
75211$1,430−47.2%
75212$1,490−45.0%

Questions about ZIP 75205 rents

How much will Section 8 pay for a two-bedroom in ZIP 75205?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,710, that basic range is $2,439 to $2,981 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 75205 in?

ZIP 75205 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 75205 for FY 2027?

The two-bedroom FMR fell 5.9%, from $2,880 in FY 2026 to $2,710 in FY 2027. Since FY 2023 it has risen 23.2%.

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