For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Austin, AR is $1,330 a month. That is up 3.1% from $1,290 in FY 2026. Austin 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 Austin is 46% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Austin, AR
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,110
$1,140
+2.7%
$1,026–$1,254
1BR
$1,110
$1,150
+3.6%
$1,035–$1,265
2BR
$1,290
$1,330
+3.1%
$1,197–$1,463
3BR
$1,730
$1,780
+2.9%
$1,602–$1,958
4BR
$2,050
$2,150
+4.9%
$1,935–$2,365
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Austin, AR
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,140
$1,150
$1,330
$1,780
$2,150
FY 2026
$1,110
$1,110
$1,290
$1,730
$2,050
FY 2025
$1,020
$1,030
$1,190
$1,590
$1,880
FY 2024
$1,020
$1,030
$1,180
$1,580
$1,860
FY 2023
$880
$890
$1,020
$1,360
$1,630
Questions about Austin, AR rents
How much will Section 8 pay for a two-bedroom in Austin, 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 $1,330 it would be $1,197 to $1,463. 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 Austin, AR in?
Austin, 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 Austin, AR for FY 2027?
The two-bedroom FMR rose 3.1%, from $1,290 in FY 2026 to $1,330 in FY 2027. Since FY 2023 it has risen 30.4%.
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