Housing market/Texas/ZIP 75233

ACS 2023 · FY2027 SAFMR

ZIP 75233 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
15,775
Households
4,734
Median HH income
$54,635
Renter share
44.9%
Median gross rent
$1,292
Vacancy
4.8%
Pop. change
-2.0%
2BR SAFMR
$1,480
SAFMR / rent
1.146×
2–49 unit stock
1,553
LIHTC proj / units
4 / 1,277
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 75233 · TX — sent to you.

ZIP 75233 · TX

ACS median rent$1,292
2BR SAFMR$1,480
90% floor$1,332
110% ceiling$1,628

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

Housing stock

ACS 2023 units-in-structure · ZCTA 75233

  • 1-unit detached2,84557.2%
  • 1-unit attached1112.2%
  • 2–4 units66713.4%
  • 5–49 units88617.8%
  • 50+ units4348.7%
  • Mobile270.5%
TypeUnitsShare
1-unit detached2,84557.2%
1-unit attached1112.2%
2 units (duplex)931.9%
3–4 units57411.5%
5–9 units2605.2%
10–19 units4098.2%
20–49 units2174.4%
50+ units4348.7%
Mobile270.5%

2–4 unit share 13.4% · 5–49 unit share 17.8% · combined 2–49 31.2%.

Units by bedrooms

Studio
196
1BR
356
2BR
1,515
3BR
2,110
4BR
760
5+
33

Rent burden

Rent ≥30% of income67.5%
Rent ≥50% of income38.6%
  • ACS median gross rent $1,292 (all bedrooms, occupied rentals).
  • Median contract rent $1,130.
  • Renters paying ≥30% of income 67.5%; ≥50% 38.6%.
  • FY2027 2BR SAFMR $1,480 (1.146× ACS median gross rent).

Population

15,775 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -2.0%.

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

Assisted inventory

  • LIHTC: 4 projects, 1,277 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • 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 75233 44.9% of occupied households are renters; vacancy is 4.8%; ACS median gross rent is $1,292; population changed -2.0% between the 2018 and 2023 ACS vintages; the housing stock includes 667 units in 2–4-unit structures and 886 units in 5–49-unit structures; 4 LIHTC projects totaling 1,277 units; FY2027 2BR SAFMR is $1,480 versus ACS median gross rent of $1,292. 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 75233 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 75233?

ZIP 75233 (Dallas, TX HUD Metro FMR Area) has 15,775 residents, 4,734 households, a renter share of 44.9%, median household income of $54,635, and ACS 2023 median gross rent of $1,292. Vacancy is 4.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 75233?

ACS counts 93 units in 2-unit buildings, 574 in 3–4 unit buildings, 260 in 5–9, 409 in 10–19, and 217 in 20–49. Combined 2–49 unit stock is 1,553 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 75233?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,480. See the full schedule and 90–110% payment-standard band on the ZIP 75233 — Dallas, TX HUD Section 8 Payment Standards / SAFMR.

Does this Texas ZIP profile include Georgia listings?

No. ZIP 75233 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.