75404

ZIPSAFMR

Hunt County, TX

ZIP Investment Score

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$1,150	$1,220	0.9%
1 BR	$1,180	$1,300	0.0%
2 BR	$1,390	$1,530	0.2%
3 BR	$1,750	$1,820	0.2%
4 BR	$2,220	$2,300	-0.1%
5 BR	$2,553	Not available	-0.2%
6 BR	$2,936	Not available	-0.1%
7 BR	$3,376	Not available	-0.2%
8 BR	$3,883	Not available	-0.1%

Purchase Price Calculator

Maximum purchase price

$165,441

Cost breakdown

+Likely effective rent$1,530

HUD FMR$1,390

Market rent$1,610

Est. payment standard (110%)Used$1,530

-Principal and interest-$837

Loan amount$132,353

Down payment$33,088

Rate6.50%

Term30 years

-Operating costs-$493

Property taxes-$165

Insurance-$175

Utilities$0

HOA$0

Management-$153

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$24,663(74.5% ROI)

Projected value

$178,162

Return breakdown

Property appreciation+$12,721

Loan principal paid down+$4,742

Rental cash flow+$7,200

5-year hold

+$42,196(127.5% ROI)

Projected value

$187,181

Return breakdown

Property appreciation+$21,740

Loan principal paid down+$8,456

Rental cash flow+$12,000

10-year hold

+$90,487(273.5% ROI)

Projected value

$211,778

Return breakdown

Property appreciation+$46,337

Loan principal paid down+$20,149

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

0.91ratio

FMR$1,150

Market$1,260

vs market-$110

FMR is near market; voucher and private rents are aligned.

0.91

1 BR

0.80ratio

FMR$1,180

Market$1,470

vs market-$290

FMR is below market; voucher rent may lag private rents.

0.80

2 BR

0.86ratio

FMR$1,390

Market$1,610

vs market-$220

FMR is below market; voucher rent may lag private rents.

0.86

3 BR

0.95ratio

FMR$1,750

Market$1,850

vs market-$100

FMR is near market; voucher and private rents are aligned.

0.95

4 BR

0.94ratio

FMR$2,220

Market$2,350

vs market-$130

FMR is near market; voucher and private rents are aligned.

0.94

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: --

ZIP 75404 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 75404 (Greenville, TX) is $1,390 a month. That is down 7.9% from $1,510 in FY 2026. Greenville 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 22 ZIP codes in Hunt County, 75404 is tied for the 5th-highest two-bedroom rent (county range $1,070–$2,390). The median county two-bedroom FMR in Texas is $1,105, so ZIP 75404 is 26% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 75404
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$1,240	$1,150	−7.3%	$1,035–$1,265
1BR	$1,290	$1,180	−8.5%	$1,062–$1,298
2BR	$1,510	$1,390	−7.9%	$1,251–$1,529
3BR	$1,900	$1,750	−7.9%	$1,575–$1,925
4BR	$2,420	$2,220	−8.3%	$1,998–$2,442

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 75404
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$1,150	$1,180	$1,390	$1,750	$2,220
FY 2026	$1,240	$1,290	$1,510	$1,900	$2,420
FY 2025	$1,210	$1,270	$1,490	$1,870	$2,400
FY 2024	$1,120	$1,180	$1,380	$1,740	$2,230
FY 2023	$990	$1,040	$1,230	$1,550	$2,020

Two-bedroom rent in nearby Hunt County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 75404
75401	$1,350	−2.9%
75402	$1,620	+16.5%
75403	$1,390	0.0%
75404Current	$1,390	—
75422	$1,340	−3.6%
75423	$1,240	−10.8%
75428	$1,120	−19.4%
75429	$1,390	0.0%
75433	$1,240	−10.8%
75442	$1,650	+18.7%
75448	$1,090	−21.6%
75449	$1,150	−17.3%

Questions about ZIP 75404 rents

How much will Section 8 pay for a two-bedroom in ZIP 75404?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,390, that basic range is $1,251 to $1,529 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 75404 in?

ZIP 75404 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 75404 for FY 2027?

The two-bedroom FMR fell 7.9%, from $1,510 in FY 2026 to $1,390 in FY 2027. Since FY 2023 it has risen 13.0%.

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 rent Greenville, TX fair market rent TX statewide rents What is SAFMR?Data sources