FY2027 Small Area FMR · Denison, TX

ZIP 75020 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 75020 (Denison, TX) is $1,360 a month, up 4.6% from FY2026. That is 3% below the Sherman-Denison, TX area-wide FMR of $1,395.

2-bedroom SAFMR$1,360per month ▲ 4.6%

Area-wide 2 BR FMR$1,395Sherman-Denison, TX

Rank in the area13thof 23 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,224

2 BR Small Area FMR$1,360

110% of SAFMR$1,496

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,070▲ 1.9%

1 BR$1,100▲ 4.8%

2 BR$1,360▲ 4.6%

3 BR$1,880▲ 3.9%

4 BR$2,090▲ 0.5%

FY2027 FY2026

Where 75020 sits in the Sherman-Denison, TX area

Of the 23 ZIP codes HUD lists for the area, 75020 has the 13th highest two-bedroom Small Area FMR. Sherman-Denison, TX is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,395 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,360 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,070	$963 – $1,177	$1,102	$1,050
1 bedroom	$1,100	$990 – $1,210	$1,126	$1,050
2 bedrooms	$1,360	$1,224 – $1,496	$1,395	$1,300
3 bedrooms	$1,880	$1,692 – $2,068	$1,932	$1,810
4 bedrooms	$2,090	$1,881 – $2,299	$2,148	$2,080

A household renting a two-bedroom home at the Small Area FMR of $1,360 needs about $54,400 a year to keep housing costs at 30% of income. The area median family income is $95,300 and the 80% low-income limit for four people is $76,250. ZIP code 75020 lies mainly in Grayson County. See the Sherman-Denison, TX county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
75076	Pottsboro	7.3 mi	$1,600
74731	Cartwright	7.6 mi	$1,110
74733	Colbert	7.9 mi	$930
75021	Denison	8.2 mi	$1,240
75092	Sherman	9.9 mi	$1,410
74753	Platter	10.2 mi	$1,060

Questions

What is the Fair Market Rent for ZIP code 75020?

HUD's FY2027 Small Area Fair Market Rents for 75020 are $1,070 (studio), $1,100 (1 BR), $1,360 (2 BR), $1,880 (3 BR) and $2,090 (4 BR) a month.

What is the Section 8 payment standard in 75020?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 75020 that range is $1,224 to $1,496 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 75020?

The FY2026 income limits of the Sherman-Denison, TX area apply: median family income $95,300, low-income (80%) limit $76,250 for a family of four.