FMR is below market; voucher rent may lag private rents.
0.63
2 BR
2 BR- 72088
0.76ratio
FMR$910
Market$1,190
vs market-$280
FMR is below market; voucher rent may lag private rents.
0.76
3 BR
3 BR- 72088
1.00ratio
FMR$1,250
Market$1,250
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
4 BR
4 BR- 72088
0.95ratio
FMR$1,270
Market$1,330
vs market-$60
FMR is near market; voucher and private rents are aligned.
0.95
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
--
Fairfield Bay, AR fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Fairfield Bay, AR is $910 a month. That is up 3.4% from $880 in FY 2026. Fairfield Bay is in the Van Buren County, AR non-metropolitan 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 county-wide two-bedroom FMR of $909.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Fairfield Bay, AR
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$630
$650
+3.2%
$585–$715
1BR
$670
$720
+7.5%
$648–$792
2BR
$880
$910
+3.4%
$819–$1,001
3BR
$1,180
$1,250
+5.9%
$1,125–$1,375
4BR
$1,240
$1,270
+2.4%
$1,143–$1,397
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Fairfield Bay, AR
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$650
$720
$910
$1,250
$1,270
FY 2026
$630
$670
$880
$1,180
$1,240
FY 2025
$620
$650
$860
$1,120
$1,150
FY 2024area FMR
$615
$620
$814
$1,050
$1,084
FY 2023area FMR
$500
$547
$720
$879
$967
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Fairfield Bay, AR rents
How much will Section 8 pay for a two-bedroom in Fairfield Bay, AR?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $909, which applies unless the housing authority uses Small Area FMRs, that basic range is $818 to $1,000 a month; under the ZIP-level Small Area FMR of $910 it would be $819 to $1,001. 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 Fairfield Bay, AR in?
Fairfield Bay, AR is in the Van Buren County, AR non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $909.
How much did fair market rent change in Fairfield Bay, AR for FY 2027?
The two-bedroom FMR rose 3.4%, from $880 in FY 2026 to $910 in FY 2027. Since FY 2025 it has risen 5.8%.
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