FMR is below market; voucher rent may lag private rents.
0.83
1 BR
1 BR- 72002
0.87ratio
FMR$970
Market$1,110
vs market-$140
FMR is below market; voucher rent may lag private rents.
0.87
2 BR
2 BR- 72002
0.79ratio
FMR$1,120
Market$1,410
vs market-$290
FMR is below market; voucher rent may lag private rents.
0.79
3 BR
3 BR- 72002
0.95ratio
FMR$1,500
Market$1,580
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.95
4 BR
4 BR- 72002
0.80ratio
FMR$1,810
Market$2,260
vs market-$450
FMR is below market; voucher rent may lag private rents.
0.80
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Alexander, AR fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Alexander, AR is $1,120 a month. That is unchanged from FY 2026. Alexander is in the Little Rock-North Little Rock-Conway, AR HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,121. The median county two-bedroom FMR in Arkansas is $909, so Alexander is 23% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Alexander, AR
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$960
$960
0.0%
$864–$1,056
1BR
$970
$970
0.0%
$873–$1,067
2BR
$1,120
$1,120
0.0%
$1,008–$1,232
3BR
$1,500
$1,500
0.0%
$1,350–$1,650
4BR
$1,780
$1,810
+1.7%
$1,629–$1,991
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Alexander, AR
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$960
$970
$1,120
$1,500
$1,810
FY 2026
$960
$970
$1,120
$1,500
$1,780
FY 2025
$870
$870
$1,010
$1,350
$1,590
FY 2024
$910
$920
$1,050
$1,400
$1,660
FY 2023
$770
$790
$900
$1,200
$1,440
Questions about Alexander, AR rents
How much will Section 8 pay for a two-bedroom in Alexander, AR?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,121, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,009 to $1,233 a month; under the ZIP-level Small Area FMR of $1,120 it would be $1,008 to $1,232. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Alexander, AR in?
Alexander, AR is in the Little Rock-North Little Rock-Conway, AR HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,121.
How much did fair market rent change in Alexander, AR for FY 2027?
The two-bedroom FMR was unchanged at $1,120 in FY 2027. Since FY 2023 it has risen 24.4%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set