FMR is below market; voucher rent may lag private rents.
0.83
1 BR
1 BR- 72730
0.96ratio
FMR$1,320
Market$1,370
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.96
2 BR
2 BR- 72730
1.06ratio
FMR$1,570
Market$1,480
vs market+$90
FMR is near market; voucher and private rents are aligned.
1.06
3 BR
3 BR- 72730
1.22ratio
FMR$2,170
Market$1,780
vs market+$390
FMR is above market; underwrite to market rent.
1.22
4 BR
4 BR- 72730
1.17ratio
FMR$2,620
Market$2,230
vs market+$390
FMR is above market; underwrite to market rent.
1.17
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
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Farmington, AR fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Farmington, AR is $1,570 a month. That is down 5.4% from $1,660 in FY 2026. Farmington is in the Fayetteville-Springdale-Rogers, AR MSA. 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 $1,256. The median county two-bedroom FMR in Arkansas is $909, so Farmington is 73% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Farmington, AR
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,240
$1,140
−8.1%
$1,026–$1,254
1BR
$1,370
$1,320
−3.6%
$1,188–$1,452
2BR
$1,660
$1,570
−5.4%
$1,413–$1,727
3BR
$2,310
$2,170
−6.1%
$1,953–$2,387
4BR
$2,730
$2,620
−4.0%
$2,358–$2,882
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Farmington, AR
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,140
$1,320
$1,570
$2,170
$2,620
FY 2026
$1,240
$1,370
$1,660
$2,310
$2,730
FY 2025
$1,000
$1,080
$1,300
$1,820
$2,100
FY 2024
$990
$1,060
$1,280
$1,800
$2,110
FY 2023
$800
$850
$1,030
$1,460
$1,750
Questions about Farmington, AR rents
How much will Section 8 pay for a two-bedroom in Farmington, AR?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,256, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,130 to $1,382 a month; under the ZIP-level Small Area FMR of $1,570 it would be $1,413 to $1,727. 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 Farmington, AR in?
Farmington, AR is in the Fayetteville-Springdale-Rogers, AR MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,256.
How much did fair market rent change in Farmington, AR for FY 2027?
The two-bedroom FMR fell 5.4%, from $1,660 in FY 2026 to $1,570 in FY 2027. Since FY 2023 it has risen 52.4%.
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