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Dallas County/Dallas/75209

75209

ZIPSAFMR
Dallas County, TX
Zillow

ZIP Investment Score

28Below average

095130300
BRFMR
Eff. Rent
0 BR$1,720$1,390
1 BR$1,770$1,950
2 BR$2,080$2,290
3 BR$2,620$2,880
4 BR$3,330$3,660
5 BR$3,829Not available
6 BR$4,404Not available
7 BR$5,065Not available
8 BR$5,824Not available

Purchase Price Calculator

Maximum purchase price
$278,377

Cost breakdown

+Likely effective rent$2,290
HUD FMR$2,080
Market rent$2,680
Est. payment standard (110%)Used$2,290
-Principal and interest-$1,408
Loan amount$222,701
Down payment$55,675
Rate6.50%
Term30 years
-Operating costs-$682
Property taxes-$278
Insurance-$175
Utilities$0
HOA$0
Management-$229
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$36,583(65.7% ROI)
Projected value
$299,781
Return breakdown
Property appreciation+$21,405
Loan principal paid down+$7,979
Rental cash flow+$7,200
5-year hold
+$62,809(112.8% ROI)
Projected value
$314,958
Return breakdown
Property appreciation+$36,581
Loan principal paid down+$14,228
Rental cash flow+$12,000
10-year hold
+$135,873(244.0% ROI)
Projected value
$356,346
Return breakdown
Property appreciation+$77,969
Loan principal paid down+$33,904
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.24
1 BR
0.85
2 BR
0.78
3 BR
0.79
4 BR
0.48
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 75209 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 75209 (Dallas, TX) is $2,080 a month. That is down 8.0% from $2,260 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, 75209 is tied for the 25th-highest two-bedroom rent (county range $1,130–$2,710). The median county two-bedroom FMR in Texas is $1,105, so ZIP 75209 is 88% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 75209
BedroomsFY 2027Change90–110% range
Studio$1,720−7.0%$1,548–$1,892
1BR$1,770−8.3%$1,593–$1,947
2BR$2,080−8.0%$1,872–$2,288
3BR$2,620−8.1%$2,358–$2,882
4BR$3,330−8.0%$2,997–$3,663

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 75209
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,720$1,770$2,080$2,620$3,330
FY 2026$1,850$1,930$2,260$2,850$3,620
FY 2025$1,810$1,900$2,230$2,790$3,590
FY 2024$1,690$1,770$2,080$2,620$3,370
FY 2023$1,510$1,590$1,880$2,370$3,090

Two-bedroom rent in nearby Dallas County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 75209
75203$1,410−32.2%
75204$2,550+22.6%
75205$2,710+30.3%
75206$2,230+7.2%
75207$2,140+2.9%
75208$1,970−5.3%
75209Current$2,080—
75210$1,130−45.7%
75211$1,430−31.2%
75212$1,490−28.4%
75214$1,960−5.8%
75215$1,470−29.3%

Questions about ZIP 75209 rents

How much will Section 8 pay for a two-bedroom in ZIP 75209?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,080, that basic range is $1,872 to $2,288 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 75209 in?

ZIP 75209 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 75209 for FY 2027?

The two-bedroom FMR fell 8.0%, from $2,260 in FY 2026 to $2,080 in FY 2027. Since FY 2023 it has risen 10.6%.

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