Housing market/Texas/ZIP 75240
ZIP 75240 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.
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HUD schedule, ACS stock, and the 90–110% band for ZIP 75240 · TX — sent to you.
ZIP 75240 · TX
ACS rent vs 2BR SAFMR
ZIP 75240 — Dallas, TX HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 75240
- 1-unit detached1,99316.6%
- 1-unit attached6955.8%
- 2–4 units1,1519.6%
- 5–49 units4,54637.8%
- 50+ units3,62930.2%
2–4 unit share 9.6% · 5–49 unit share 37.8% · combined 2–49 47.4%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,333 (all bedrooms, occupied rentals).
- Median contract rent $1,166.
- Renters paying ≥30% of income 52.6%; ≥50% 29.3%.
- FY2027 2BR SAFMR $1,660 (1.245× ACS median gross rent).
Population
24,718 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -13.4%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 8 projects, 1,480 units.
- HUD project-based assisted MF: 1 properties, 18 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 75240 77.9% of occupied households are renters; vacancy is 11.4%; ACS median gross rent is $1,333; population changed -13.4% between the 2018 and 2023 ACS vintages; the housing stock includes 1,151 units in 2–4-unit structures and 4,546 units in 5–49-unit structures; 8 LIHTC projects totaling 1,480 units; FY2027 2BR SAFMR is $1,660 versus ACS median gross rent of $1,333. 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 75240 is a Census / HUD profile for Dallas, TX. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 75240 — Dallas, TX HUD Section 8 Payment Standards / SAFMR·Texas ZIP directory
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 75240?
ZIP 75240 (Dallas, TX HUD Metro FMR Area) has 24,718 residents, 10,649 households, a renter share of 77.9%, median household income of $56,056, and ACS 2023 median gross rent of $1,333. Vacancy is 11.4%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 75240?
ACS counts 258 units in 2-unit buildings, 893 in 3–4 unit buildings, 1,633 in 5–9, 1,234 in 10–19, and 1,679 in 20–49. Combined 2–49 unit stock is 5,697 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 75240?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,660. See the full schedule and 90–110% payment-standard band on the ZIP 75240 — Dallas, TX HUD Section 8 Payment Standards / SAFMR.
Does this Texas ZIP profile include Georgia listings?
No. ZIP 75240 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.