Housing market/Texas/ZIP 75203

ACS 2023 · FY2027 SAFMR

ZIP 75203 Dallas, Texas

Dallas, TX HUD Metro FMR Area · Texas. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
15,710
Households
6,091
Median HH income
$46,358
Renter share
62.6%
Median gross rent
$1,110
Vacancy
11.2%
Pop. change
-9.2%
2BR SAFMR
$1,410
SAFMR / rent
1.270×
2–49 unit stock
2,652
LIHTC proj / units
4 / 286
HUD assisted MF
1 / 11

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 75203 · TX — sent to you.

ZIP 75203 · TX

ACS median rent$1,110
2BR SAFMR$1,410
90% floor$1,269
110% ceiling$1,551

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 75203

  • 1-unit detached2,99243.6%
  • 1-unit attached2163.1%
  • 2–4 units72210.5%
  • 5–49 units1,93028.1%
  • 50+ units97814.3%
  • Mobile240.3%
TypeUnitsShare
1-unit detached2,99243.6%
1-unit attached2163.1%
2 units (duplex)1061.5%
3–4 units6169.0%
5–9 units2603.8%
10–19 units6389.3%
20–49 units1,03215.0%
50+ units97814.3%
Mobile240.3%

2–4 unit share 10.5% · 5–49 unit share 28.1% · combined 2–49 38.6%.

Units by bedrooms

Studio
311
1BR
1,788
2BR
2,405
3BR
1,938
4BR
362
5+
58

Rent burden

Rent ≥30% of income49.6%
Rent ≥50% of income21.9%
  • ACS median gross rent $1,110 (all bedrooms, occupied rentals).
  • Median contract rent $971.
  • Renters paying ≥30% of income 49.6%; ≥50% 21.9%.
  • FY2027 2BR SAFMR $1,410 (1.270× ACS median gross rent).

Population

15,710 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -9.2%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 4 projects, 286 units.
  • HUD project-based assisted MF: 1 properties, 11 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 7,864 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 75203 62.6% of occupied households are renters; vacancy is 11.2%; ACS median gross rent is $1,110; population changed -9.2% between the 2018 and 2023 ACS vintages; the housing stock includes 722 units in 2–4-unit structures and 1,930 units in 5–49-unit structures; 4 LIHTC projects totaling 286 units; FY2027 2BR SAFMR is $1,410 versus ACS median gross rent of $1,110. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Texas research

ZIP 75203 is a Census / HUD profile for Dallas, TX. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Texas research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 75203?

ZIP 75203 (Dallas, TX HUD Metro FMR Area) has 15,710 residents, 6,091 households, a renter share of 62.6%, median household income of $46,358, and ACS 2023 median gross rent of $1,110. Vacancy is 11.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 75203?

ACS counts 106 units in 2-unit buildings, 616 in 3–4 unit buildings, 260 in 5–9, 638 in 10–19, and 1,032 in 20–49. Combined 2–49 unit stock is 2,652 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 75203?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,410. See the full schedule and 90–110% payment-standard band on the ZIP 75203 — Dallas, TX HUD Section 8 Payment Standards / SAFMR.

Does this Texas ZIP profile include Georgia listings?

No. ZIP 75203 is Census / HUD research for Dallas, TX HUD Metro FMR Area. Jeff Crowe CRE does not list Texas property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.