FMR is near market; voucher and private rents are aligned.
1.06
3 BR
3 BR
0.91ratio
FMR$2,690
Market$2,940
vs market-$250
FMR is near market; voucher and private rents are aligned.
0.91
4 BR
4 BR
0.98ratio
FMR$3,420
Market$3,480
vs market-$60
FMR is near market; voucher and private rents are aligned.
0.98
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 75207 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 75207 (Dallas, TX) is $2,140 a month. That is down 9.7% from $2,370 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, 75207 has the 20th-highest two-bedroom rent (county range $1,130–$2,710). The median county two-bedroom FMR in Texas is $1,105, so ZIP 75207 is 94% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 75207
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,940
$1,750
−9.8%
$1,575–$1,925
1BR
$2,020
$1,820
−9.9%
$1,638–$2,002
2BR
$2,370
$2,140
−9.7%
$1,926–$2,354
3BR
$2,980
$2,690
−9.7%
$2,421–$2,959
4BR
$3,790
$3,420
−9.8%
$3,078–$3,762
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 75207
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,750
$1,820
$2,140
$2,690
$3,420
FY 2026
$1,940
$2,020
$2,370
$2,980
$3,790
FY 2025
$1,970
$2,070
$2,430
$3,050
$3,910
FY 2024
$1,910
$2,000
$2,350
$2,960
$3,810
FY 2023
$1,750
$1,840
$2,170
$2,730
$3,570
Two-bedroom rent in nearby Dallas County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 75207?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,140, that basic range is $1,926 to $2,354 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 75207 in?
ZIP 75207 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 75207 for FY 2027?
The two-bedroom FMR fell 9.7%, from $2,370 in FY 2026 to $2,140 in FY 2027. Since FY 2023 it has fallen 1.4%.
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