FMR is below market; voucher rent may lag private rents.
0.86
1 BR
1 BR- 72086
0.93ratio
FMR$910
Market$980
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.93
2 BR
2 BR- 72086
1.02ratio
FMR$1,050
Market$1,030
vs market+$20
FMR is near market; voucher and private rents are aligned.
1.02
3 BR
3 BR- 72086
1.24ratio
FMR$1,410
Market$1,140
vs market+$270
FMR is above market; underwrite to market rent.
1.24
4 BR
4 BR- 72086
1.39ratio
FMR$1,700
Market$1,220
vs market+$480
FMR is above market; underwrite to market rent.
1.39
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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Lonoke, AR fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lonoke, AR is $1,050 a month. That is down 4.5% from $1,100 in FY 2026. Lonoke 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 Lonoke is 16% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Lonoke, AR
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$940
$900
−4.3%
$810–$990
1BR
$950
$910
−4.2%
$819–$1,001
2BR
$1,100
$1,050
−4.5%
$945–$1,155
3BR
$1,480
$1,410
−4.7%
$1,269–$1,551
4BR
$1,750
$1,700
−2.9%
$1,530–$1,870
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Lonoke, AR
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$900
$910
$1,050
$1,410
$1,700
FY 2026
$940
$950
$1,100
$1,480
$1,750
FY 2025
$850
$860
$990
$1,310
$1,550
FY 2024
$860
$860
$990
$1,320
$1,560
FY 2023
$700
$720
$820
$1,090
$1,310
Questions about Lonoke, AR rents
How much will Section 8 pay for a two-bedroom in Lonoke, 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 $1,050 it would be $945 to $1,155. 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 Lonoke, AR in?
Lonoke, 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 Lonoke, AR for FY 2027?
The two-bedroom FMR fell 4.5%, from $1,100 in FY 2026 to $1,050 in FY 2027. Since FY 2023 it has risen 28.0%.
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