FMR is below market; voucher rent may lag private rents.
0.68
1 BR
1 BR- 72753
0.76ratio
FMR$1,010
Market$1,330
vs market-$320
FMR is below market; voucher rent may lag private rents.
0.76
2 BR
2 BR- 72753
0.86ratio
FMR$1,220
Market$1,420
vs market-$200
FMR is below market; voucher rent may lag private rents.
0.86
3 BR
3 BR- 72753
0.99ratio
FMR$1,690
Market$1,700
vs market-$10
FMR is near market; voucher and private rents are aligned.
0.99
4 BR
4 BR- 72753
0.99ratio
FMR$2,000
Market$2,030
vs market-$30
FMR is near market; voucher and private rents are aligned.
0.99
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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Prairie Grove, AR fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Prairie Grove, AR is $1,220 a month. That is up 7.0% from $1,140 in FY 2026. Prairie Grove 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 Prairie Grove is 34% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Prairie Grove, AR
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$850
$910
+7.1%
$819–$1,001
1BR
$940
$1,010
+7.4%
$909–$1,111
2BR
$1,140
$1,220
+7.0%
$1,098–$1,342
3BR
$1,590
$1,690
+6.3%
$1,521–$1,859
4BR
$1,870
$2,000
+7.0%
$1,800–$2,200
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Prairie Grove, AR
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$910
$1,010
$1,220
$1,690
$2,000
FY 2026
$850
$940
$1,140
$1,590
$1,870
FY 2025
$790
$840
$1,010
$1,430
$1,670
FY 2024
$780
$820
$1,000
$1,410
$1,650
FY 2023
$680
$720
$880
$1,250
$1,500
Questions about Prairie Grove, AR rents
How much will Section 8 pay for a two-bedroom in Prairie Grove, 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 $1,220 it would be $1,098 to $1,342. 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 Prairie Grove, AR in?
Prairie Grove, 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 Prairie Grove, AR for FY 2027?
The two-bedroom FMR rose 7.0%, from $1,140 in FY 2026 to $1,220 in FY 2027. Since FY 2023 it has risen 38.6%.
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