FY2027 Small Area FMR · Avalon, TX
ZIP 76623 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 76623 (Avalon, TX) is $1,450 a month, down 6.5% from FY2026. That is 20% below the Dallas, TX area-wide FMR of $1,807.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 76623 sits in the Dallas, TX area
Of the 260 ZIP codes HUD lists for the area, 76623 has the 215th highest two-bedroom Small Area FMR. Dallas, TX is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2011), so local housing agencies must set payment standards from this ZIP code's figure, normally between $1,305 and $1,595 for two bedrooms.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,190 | $1,071 – $1,309 | $1,491 | $1,270 |
| 1 bedroom | $1,230 | $1,107 – $1,353 | $1,536 | $1,320 |
| 2 bedrooms | $1,450 | $1,305 – $1,595 | $1,807 | $1,550 |
| 3 bedrooms | $1,830 | $1,647 – $2,013 | $2,275 | $1,950 |
| 4 bedrooms | $2,320 | $2,088 – $2,552 | $2,892 | $2,480 |
A household renting a two-bedroom home at the Small Area FMR of $1,450 needs about $58,000 a year to keep housing costs at 30% of income. The area median family income is $121,100 and the 80% low-income limit for four people is $96,900. ZIP code 76623 lies mainly in Ellis County. See the Dallas, TX metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 76623?
HUD's FY2027 Small Area Fair Market Rents for 76623 are $1,190 (studio), $1,230 (1 BR), $1,450 (2 BR), $1,830 (3 BR) and $2,320 (4 BR) a month.
What is the Section 8 payment standard in 76623?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 76623 that range is $1,305 to $1,595 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 76623?
The FY2026 income limits of the Dallas, TX area apply: median family income $121,100, low-income (80%) limit $96,900 for a family of four.