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RentData.org Logo Sherman-Denison Fair Market Rent FY 2022 Sherman-Denison, TX MSA Rental Data

Fair Market Rent Prices in Sherman-Denison, TX :
$661 $830 $985 $1,316 $1,570
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Sherman-Denison are high compared to the national average. This FMR area is more expensive than 85% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Sherman-Denison is $985 per month.

The previous year, rent for a two-bedroom home was $959 per month. This is a 2.71% increase year-over-year.

This FMR rate applies to Southmayd, TX, Tom Bean, TX, Sadler, TX, Gordonville, TX, Howe, TX, Pottsboro, TX, Denison, TX, Sherman, TX and other cities within the region. The Metro Code or CBSA code for this region is METRO43300M43300.

Additionally, This Fair Market Rent (FMR) area Sherman-Denison, TX MSA spans one county or city in Texas which is listed in the table below. Estimated population of Sherman-Denison, TX MSA FMR area is 126,145 people based on latest Census data.

Compared to the rest of Texas, the Sherman-Denison FMR area is more expensive than 89% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Sherman-Denison. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Sherman-Denison

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 700
1-BR 1-Bedroom $ 879
2-BR 2-Bedroom $ 1043
3-BR 3-Bedroom $ 1394
4-BR 4-Bedroom $ 1662
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Sherman-Denison, TX MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Sherman - Ada.

County / Region Est. Population
Sherman-Denison, TX Metro 126,145
Zip Codes in Sherman-Denison, TX MSA

There are 11 unique zip codes in this Fair Market Rent (FMR) area:

75020, 75021, 75076, 75090, 75091, 75092, 75459, 75489, 76245, 76264 and 76268

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What's Next?

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