FY2027 Small Area FMR · Denison, TX

ZIP 75021 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 75021 (Denison, TX) is $1,240 a month, up 2.5% from FY2026. That is 11% below the Sherman-Denison, TX area-wide FMR of $1,395.

2-bedroom SAFMR$1,240per month ▲ 2.5%

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

Rank in the area19thof 23 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,116

2 BR Small Area FMR$1,240

110% of SAFMR$1,364

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

Studio$980▲ 1.0%

1 BR$1,000▼ 1.0%

2 BR$1,240▲ 2.5%

3 BR$1,720▲ 1.8%

4 BR$1,950▼ 3.9%

FY2027 FY2026

Where 75021 sits in the Sherman-Denison, TX area

Of the 23 ZIP codes HUD lists for the area, 75021 has the 19th 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 $1,240 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	$980	$882 – $1,078	$1,102	$970
1 bedroom	$1,000	$900 – $1,100	$1,126	$1,010
2 bedrooms	$1,240	$1,116 – $1,364	$1,395	$1,210
3 bedrooms	$1,720	$1,548 – $1,892	$1,932	$1,690
4 bedrooms	$1,950	$1,755 – $2,145	$2,148	$2,030

A household renting a two-bedroom home at the Small Area FMR of $1,240 needs about $49,600 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 75021 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
74733	Colbert	6.6 mi	$930
74747	Kemp	7.4 mi	$1,100
75414	Bells	7.6 mi	$1,220
75020	Denison	8.2 mi	$1,360
74720	Achille	9.2 mi	$980
74741	Hendrix	9.3 mi	$970

Questions

What is the Fair Market Rent for ZIP code 75021?

HUD's FY2027 Small Area Fair Market Rents for 75021 are $980 (studio), $1,000 (1 BR), $1,240 (2 BR), $1,720 (3 BR) and $1,950 (4 BR) a month.

What is the Section 8 payment standard in 75021?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 75021 that range is $1,116 to $1,364 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 75021?

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.