Housing market/Texas/ZIP 75023

ACS 2023 · FY2027 SAFMR

ZIP 75023 Plano, 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
48,878
Households
18,859
Median HH income
$106,488
Renter share
37.0%
Median gross rent
$1,897
Vacancy
3.9%
Pop. change
-2.4%
2BR SAFMR
$2,200
SAFMR / rent
1.160×
2–49 unit stock
3,501
LIHTC proj / units
1 / 240
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 75023 · TX — sent to you.

ZIP 75023 · TX

ACS median rent$1,897
2BR SAFMR$2,200
90% floor$1,980
110% ceiling$2,420

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

Housing stock

ACS 2023 units-in-structure · ZCTA 75023

  • 1-unit detached13,88670.8%
  • 1-unit attached7093.6%
  • 2–4 units9144.7%
  • 5–49 units2,58713.2%
  • 50+ units1,4657.5%
  • Mobile600.3%
TypeUnitsShare
1-unit detached13,88670.8%
1-unit attached7093.6%
2 units (duplex)1450.7%
3–4 units7693.9%
5–9 units1,1686.0%
10–19 units1,1365.8%
20–49 units2831.4%
50+ units1,4657.5%
Mobile600.3%

2–4 unit share 4.7% · 5–49 unit share 13.2% · combined 2–49 17.8%.

Units by bedrooms

Studio
466
1BR
2,212
2BR
2,702
3BR
6,748
4BR
6,740
5+
753

Rent burden

Rent ≥30% of income44.8%
Rent ≥50% of income24.6%
  • ACS median gross rent $1,897 (all bedrooms, occupied rentals).
  • Median contract rent $1,655.
  • Renters paying ≥30% of income 44.8%; ≥50% 24.6%.
  • FY2027 2BR SAFMR $2,200 (1.160× ACS median gross rent).

Population

48,878 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -2.4%.

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

Assisted inventory

  • LIHTC: 1 projects, 240 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 7,538 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 75023 37.0% of occupied households are renters; vacancy is 3.9%; ACS median gross rent is $1,897; population changed -2.4% between the 2018 and 2023 ACS vintages; the housing stock includes 914 units in 2–4-unit structures and 2,587 units in 5–49-unit structures; 1 LIHTC projects totaling 240 units; FY2027 2BR SAFMR is $2,200 versus ACS median gross rent of $1,897. 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 75023 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 75023?

ZIP 75023 (Dallas, TX HUD Metro FMR Area) has 48,878 residents, 18,859 households, a renter share of 37.0%, median household income of $106,488, and ACS 2023 median gross rent of $1,897. Vacancy is 3.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 75023?

ACS counts 145 units in 2-unit buildings, 769 in 3–4 unit buildings, 1,168 in 5–9, 1,136 in 10–19, and 283 in 20–49. Combined 2–49 unit stock is 3,501 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 75023?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,200. See the full schedule and 90–110% payment-standard band on the ZIP 75023 — Plano, TX HUD Section 8 Payment Standards / SAFMR.

Does this Texas ZIP profile include Georgia listings?

No. ZIP 75023 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.