Arkansas (AR)

STATESAFMR

Found 684 ZIPs

State Median Investment Score

107Above average

095130300

BR	Rent	3Y CAGR
0 BR	$633 - $964Median: $674	2.3%
1 BR	$695 - $1,056Median: $740	3.9%
2 BR	$909 - $1,256Median: $931	3.7%
3 BR	$1,083 - $1,739Median: $1,259	3.0%
4 BR	$1,195 - $2,099Median: $1,355	3.1%

Market Alignment

Studio

Studio- 16 ZIPs

0.31-0.64ratio range

Median FMR$916

Median Market$1,470

vs market-$554

FMR is below market; voucher rent may lag private rents.

Studio- 7 ZIPs

0.65-0.68ratio range

Median FMR$916

Median Market$1,370

vs market-$454

FMR is below market; voucher rent may lag private rents.

Studio- 17 ZIPs

0.69-0.72ratio range

Median FMR$889

Median Market$1,260

vs market-$371

FMR is below market; voucher rent may lag private rents.

Studio- 20 ZIPs

0.74-0.77ratio range

Median FMR$749

Median Market$1,010

vs market-$262

FMR is below market; voucher rent may lag private rents.

Studio- 17 ZIPs

0.78-0.81ratio range

Median FMR$756

Median Market$950

vs market-$194

FMR is below market; voucher rent may lag private rents.

Studio- 12 ZIPs

0.83-0.86ratio range

Median FMR$865

Median Market$1,015

vs market-$151

FMR is below market; voucher rent may lag private rents.

Studio- 9 ZIPs

0.86-0.90ratio range

Median FMR$916

Median Market$1,030

vs market-$114

FMR is below market; voucher rent may lag private rents.

Studio- 4 ZIPs

0.90-0.93ratio range

Median FMR$964

Median Market$1,060

vs market-$96

FMR is near market; voucher and private rents are aligned.

Studio- 13 ZIPs

0.95-0.98ratio range

Median FMR$858

Median Market$890

vs market-$32

FMR is near market; voucher and private rents are aligned.

Studio- 5 ZIPs

0.98-1.02ratio range

Median FMR$964

Median Market$950

vs market+$14

FMR is near market; voucher and private rents are aligned.

Studio- 10 ZIPs

1.03-1.06ratio range

Median FMR$940

Median Market$895

vs market+$45

FMR is near market; voucher and private rents are aligned.

Studio- 5 ZIPs

1.07-1.10ratio range

Median FMR$782

Median Market$730

vs market+$52

FMR is near market; voucher and private rents are aligned.

Studio- 21 ZIPs

1.11-1.15ratio range

Median FMR$964

Median Market$860

vs market+$104

FMR is above market; underwrite to market rent.

Studio- 2 ZIPs

1.16-1.19ratio range

Median FMR$964

Median Market$820

vs market+$144

FMR is above market; underwrite to market rent.

Studio- 1 ZIP

1.24ratio

FMR$964

Market$780

vs market+$184

FMR is above market; underwrite to market rent.

Studio- 5 ZIPs

1.25-1.27ratio range

Median FMR$964

Median Market$760

vs market+$204

FMR is above market; underwrite to market rent.

Studio- 1 ZIP

1.34ratio

FMR$964

Market$720

vs market+$244

FMR is above market; underwrite to market rent.

Studio- 2 ZIPs

1.38-1.42ratio range

Median FMR$964

Median Market$690

vs market+$274

FMR is above market; underwrite to market rent.

0.31-1.42

1 BR

1 BR- 5 ZIPs

0.41-0.64ratio range

Median FMR$1,056

Median Market$1,660

vs market-$604

FMR is below market; voucher rent may lag private rents.

1 BR- 8 ZIPs

0.65-0.68ratio range

Median FMR$863

Median Market$1,310

vs market-$447

FMR is below market; voucher rent may lag private rents.

1 BR- 5 ZIPs

0.69-0.73ratio range

Median FMR$761

Median Market$1,100

vs market-$339

FMR is below market; voucher rent may lag private rents.

1 BR- 17 ZIPs

0.73-0.77ratio range

Median FMR$1,056

Median Market$1,370

vs market-$314

FMR is below market; voucher rent may lag private rents.

1 BR- 17 ZIPs

0.78-0.81ratio range

Median FMR$969

Median Market$1,200

vs market-$231

FMR is below market; voucher rent may lag private rents.

1 BR- 18 ZIPs

0.82-0.85ratio range

Median FMR$813

Median Market$955

vs market-$143

FMR is below market; voucher rent may lag private rents.

1 BR- 22 ZIPs

0.86-0.89ratio range

Median FMR$821

Median Market$930

vs market-$109

FMR is below market; voucher rent may lag private rents.

1 BR- 15 ZIPs

0.90-0.94ratio range

Median FMR$783

Median Market$850

vs market-$67

FMR is near market; voucher and private rents are aligned.

1 BR- 9 ZIPs

0.94-0.98ratio range

Median FMR$910

Median Market$950

vs market-$40

FMR is near market; voucher and private rents are aligned.

1 BR- 20 ZIPs

0.99-1.02ratio range

Median FMR$969

Median Market$980

vs market-$11

FMR is near market; voucher and private rents are aligned.

1 BR- 9 ZIPs

1.02-1.06ratio range

Median FMR$969

Median Market$920

vs market+$49

FMR is near market; voucher and private rents are aligned.

1 BR- 3 ZIPs

1.07-1.09ratio range

Median FMR$969

Median Market$890

vs market+$79

FMR is near market; voucher and private rents are aligned.

1 BR- 7 ZIPs

1.10-1.14ratio range

Median FMR$969

Median Market$860

vs market+$109

FMR is above market; underwrite to market rent.

1 BR- 8 ZIPs

1.17-1.20ratio range

Median FMR$969

Median Market$830

vs market+$139

FMR is above market; underwrite to market rent.

1 BR- 2 ZIPs

1.23ratio range

Median FMR$969

Median Market$790

vs market+$179

FMR is above market; underwrite to market rent.

1 BR- 1 ZIP

1.26ratio

FMR$969

Market$770

vs market+$199

FMR is above market; underwrite to market rent.

0.41-1.26

2 BR

2 BR- 2 ZIPs

0.53-0.57ratio range

Median FMR$1,063

Median Market$1,930

vs market-$867

FMR is below market; voucher rent may lag private rents.

2 BR- 3 ZIPs

0.65-0.68ratio range

Median FMR$934

Median Market$1,440

vs market-$506

FMR is below market; voucher rent may lag private rents.

2 BR- 6 ZIPs

0.71-0.73ratio range

Median FMR$1,168

Median Market$1,620

vs market-$453

FMR is below market; voucher rent may lag private rents.

2 BR- 9 ZIPs

0.73-0.77ratio range

Median FMR$1,121

Median Market$1,470

vs market-$349

FMR is below market; voucher rent may lag private rents.

2 BR- 16 ZIPs

0.78-0.81ratio range

Median FMR$1,121

Median Market$1,405

vs market-$284

FMR is below market; voucher rent may lag private rents.

2 BR- 17 ZIPs

0.82-0.86ratio range

Median FMR$1,121

Median Market$1,360

vs market-$239

FMR is below market; voucher rent may lag private rents.

2 BR- 33 ZIPs

0.86-0.90ratio range

Median FMR$1,121

Median Market$1,270

vs market-$149

FMR is below market; voucher rent may lag private rents.

2 BR- 14 ZIPs

0.91-0.94ratio range

Median FMR$1,110

Median Market$1,190

vs market-$80

FMR is near market; voucher and private rents are aligned.

2 BR- 8 ZIPs

0.95-0.97ratio range

Median FMR$1,050

Median Market$1,100

vs market-$51

FMR is near market; voucher and private rents are aligned.

2 BR- 19 ZIPs

0.98-1.02ratio range

Median FMR$979

Median Market$970

vs market+$9

FMR is near market; voucher and private rents are aligned.

2 BR- 6 ZIPs

1.02-1.06ratio range

Median FMR$1,121

Median Market$1,080

vs market+$41

FMR is near market; voucher and private rents are aligned.

2 BR- 10 ZIPs

1.07-1.10ratio range

Median FMR$1,121

Median Market$1,040

vs market+$81

FMR is near market; voucher and private rents are aligned.

2 BR- 8 ZIPs

1.11-1.14ratio range

Median FMR$1,121

Median Market$985

vs market+$136

FMR is above market; underwrite to market rent.

2 BR- 7 ZIPs

1.16-1.18ratio range

Median FMR$979

Median Market$830

vs market+$149

FMR is above market; underwrite to market rent.

2 BR- 4 ZIPs

1.22-1.25ratio range

Median FMR$1,121

Median Market$905

vs market+$216

FMR is above market; underwrite to market rent.

2 BR- 1 ZIP

1.29ratio

FMR$1,121

Market$870

vs market+$251

FMR is above market; underwrite to market rent.

2 BR- 2 ZIPs

1.30-1.32ratio range

Median FMR$1,121

Median Market$855

vs market+$266

FMR is above market; underwrite to market rent.

2 BR- 1 ZIP

1.38ratio

FMR$1,121

Market$810

vs market+$311

FMR is above market; underwrite to market rent.

0.53-1.38

3 BR

3 BR- 1 ZIP

0.61ratio

FMR$1,739

Market$2,830

vs market-$1,091

FMR is below market; voucher rent may lag private rents.

3 BR- 3 ZIPs

0.74-0.76ratio range

Median FMR$1,504

Median Market$2,030

vs market-$526

FMR is below market; voucher rent may lag private rents.

3 BR- 4 ZIPs

0.79-0.81ratio range

Median FMR$1,363

Median Market$1,695

vs market-$333

FMR is below market; voucher rent may lag private rents.

3 BR- 5 ZIPs

0.83-0.85ratio range

Median FMR$1,324

Median Market$1,560

vs market-$236

FMR is below market; voucher rent may lag private rents.

3 BR- 12 ZIPs

0.86-0.90ratio range

Median FMR$1,418

Median Market$1,595

vs market-$177

FMR is below market; voucher rent may lag private rents.

3 BR- 29 ZIPs

0.90-0.94ratio range

Median FMR$1,324

Median Market$1,470

vs market-$146

FMR is near market; voucher and private rents are aligned.

3 BR- 28 ZIPs

0.95-0.98ratio range

Median FMR$1,504

Median Market$1,590

vs market-$86

FMR is near market; voucher and private rents are aligned.

3 BR- 19 ZIPs

0.98-1.01ratio range

Median FMR$1,504

Median Market$1,500

vs market+$4

FMR is near market; voucher and private rents are aligned.

3 BR- 21 ZIPs

1.02-1.06ratio range

Median FMR$1,504

Median Market$1,440

vs market+$64

FMR is near market; voucher and private rents are aligned.

3 BR- 11 ZIPs

1.07-1.10ratio range

Median FMR$1,504

Median Market$1,370

vs market+$134

FMR is near market; voucher and private rents are aligned.

3 BR- 12 ZIPs

1.10-1.15ratio range

Median FMR$1,504

Median Market$1,320

vs market+$184

FMR is above market; underwrite to market rent.

3 BR- 9 ZIPs

1.16-1.20ratio range

Median FMR$1,504

Median Market$1,270

vs market+$234

FMR is above market; underwrite to market rent.

3 BR- 2 ZIPs

1.20-1.24ratio range

Median FMR$1,414

Median Market$1,160

vs market+$254

FMR is above market; underwrite to market rent.

3 BR- 2 ZIPs

1.27-1.29ratio range

Median FMR$1,338

Median Market$1,045

vs market+$293

FMR is above market; underwrite to market rent.

3 BR- 7 ZIPs

1.30-1.35ratio range

Median FMR$1,239

Median Market$950

vs market+$289

FMR is above market; underwrite to market rent.

3 BR- 2 ZIPs

1.45-1.54ratio range

Median FMR$1,259

Median Market$845

vs market+$414

FMR is above market; underwrite to market rent.

0.61-1.54

4 BR

4 BR- 1 ZIP

0.64ratio

FMR$2,099

Market$3,290

vs market-$1,191

FMR is below market; voucher rent may lag private rents.

4 BR- 1 ZIP

0.68ratio

FMR$1,810

Market$2,650

vs market-$840

FMR is below market; voucher rent may lag private rents.

4 BR- 5 ZIPs

0.70-0.73ratio range

Median FMR$1,424

Median Market$1,960

vs market-$536

FMR is below market; voucher rent may lag private rents.

4 BR- 6 ZIPs

0.74-0.77ratio range

Median FMR$1,512

Median Market$1,995

vs market-$484

FMR is below market; voucher rent may lag private rents.

4 BR- 11 ZIPs

0.77-0.81ratio range

Median FMR$1,810

Median Market$2,260

vs market-$450

FMR is below market; voucher rent may lag private rents.

4 BR- 13 ZIPs

0.81-0.85ratio range

Median FMR$1,810

Median Market$2,130

vs market-$320

FMR is below market; voucher rent may lag private rents.

4 BR- 8 ZIPs

0.86-0.89ratio range

Median FMR$1,810

Median Market$2,030

vs market-$220

FMR is below market; voucher rent may lag private rents.

4 BR- 27 ZIPs

0.90-0.94ratio range

Median FMR$1,810

Median Market$1,960

vs market-$150

FMR is near market; voucher and private rents are aligned.

4 BR- 18 ZIPs

0.94-0.98ratio range

Median FMR$1,718

Median Market$1,780

vs market-$63

FMR is near market; voucher and private rents are aligned.

4 BR- 11 ZIPs

0.99-1.01ratio range

Median FMR$1,625

Median Market$1,610

vs market+$15

FMR is near market; voucher and private rents are aligned.

4 BR- 7 ZIPs

1.02-1.06ratio range

Median FMR$1,810

Median Market$1,740

vs market+$70

FMR is near market; voucher and private rents are aligned.

4 BR- 14 ZIPs

1.06-1.10ratio range

Median FMR$1,810

Median Market$1,665

vs market+$145

FMR is near market; voucher and private rents are aligned.

4 BR- 8 ZIPs

1.10-1.14ratio range

Median FMR$1,775

Median Market$1,595

vs market+$180

FMR is above market; underwrite to market rent.

4 BR- 11 ZIPs

1.15-1.20ratio range

Median FMR$1,810

Median Market$1,520

vs market+$290

FMR is above market; underwrite to market rent.

4 BR- 12 ZIPs

1.21-1.25ratio range

Median FMR$1,810

Median Market$1,460

vs market+$350

FMR is above market; underwrite to market rent.

4 BR- 7 ZIPs

1.25-1.28ratio range

Median FMR$1,266

Median Market$1,010

vs market+$256

FMR is above market; underwrite to market rent.

4 BR- 3 ZIPs

1.32-1.34ratio range

Median FMR$1,810

Median Market$1,350

vs market+$460

FMR is above market; underwrite to market rent.

4 BR- 4 ZIPs

1.35-1.97ratio range

Median FMR$1,665

Median Market$1,065

vs market+$600

FMR is above market; underwrite to market rent.

0.64-1.97

0.700.800.901.001.101.201.30aligned range

Bedroom curve

Rankings

Market Explorer

Counties, cities, and ZIPs in Arkansas.

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Trends

Market trends

HUD rent changes, rent against home values, and where it cash-flows.

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Counties

Ranked by Investment Score (vs state median)

21Little River County

36Independence County

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Arkansas fair market rent by county, FY 2027

HUD's FY 2027 fair market rents cover 75 counties in Arkansas. The median county two-bedroom FMR is $909. That is up 3.3% from $880 in FY 2026. Two-bedroom FMRs run from $909 in Yell County to $1,301 in Crittenden County. 10 HUD metropolitan FMR areas cover 17 of those counties; each county in the same metro area shares one FMR. 10 ZIP codes in the Memphis, TN-MS-AR HUD Metro FMR Area must use Small Area FMRs, so voucher payment standards there are set by ZIP code.

Two-bedroom FMR by county

FY 2027 two-bedroom fair market rent by county in Arkansas
County	2BR	Change	HUD FMR area
Crittenden County	$1,301	+2.1%	Memphis, TN-MS-AR HUD Metro FMR Area
Benton County	$1,256	−6.8%	Fayetteville-Springdale-Rogers, AR MSA
Madison County	$1,256	−6.8%	Fayetteville-Springdale-Rogers, AR MSA
Washington County	$1,256	−6.8%	Fayetteville-Springdale-Rogers, AR MSA
Faulkner County	$1,121	−2.3%	Little Rock-North Little Rock-Conway, AR HUD Metro FMR Area
Lonoke County	$1,121	−2.3%	Little Rock-North Little Rock-Conway, AR HUD Metro FMR Area
Perry County	$1,121	−2.3%	Little Rock-North Little Rock-Conway, AR HUD Metro FMR Area
Pulaski County	$1,121	−2.3%	Little Rock-North Little Rock-Conway, AR HUD Metro FMR Area
Saline County	$1,121	−2.3%	Little Rock-North Little Rock-Conway, AR HUD Metro FMR Area
Miller County	$1,118	+1.5%	Texarkana, TX-Texarkana, AR HUD Metro FMR Area
Garland County	$1,110	+1.8%	Hot Springs, AR MSA
Calhoun County	$1,084	+7.2%	Non-metro
Craighead County	$1,079	+3.8%	Jonesboro, AR HUD Metro FMR Area
Carroll County	$1,005	+5.3%	Non-metro
Cleburne County	$997	+4.4%	Non-metro
Baxter County	$995	+3.2%	Non-metro
Crawford County	$979	+4.5%	Fort Smith, AR-OK MSA
Sebastian County	$979	+4.5%	Fort Smith, AR-OK MSA
Union County	$962	+4.2%	Non-metro
Nevada County	$956	+4.9%	Non-metro
Jefferson County	$955	+1.9%	Non-metro
Pope County	$948	+1.1%	Non-metro
White County	$948	+7.7%	Non-metro
Columbia County	$947	+4.9%	Non-metro
St. Francis County	$944	+2.3%	Non-metro
Arkansas County	$942	+2.2%	Non-metro
Greene County	$935	+3.3%	Non-metro
Independence County	$934	+4.8%	Non-metro
Clark County	$928	+5.5%	Non-metro
Hot Spring County	$916	+4.1%	Non-metro
Stone County	$916	+0.8%	Non-metro
Marion County	$915	+0.8%	Non-metro
Ashley County	$909	+3.3%	Non-metro
Boone County	$909	+3.3%	Non-metro
Bradley County	$909	+3.3%	Non-metro
Chicot County	$909	+3.3%	Non-metro
Clay County	$909	+3.3%	Non-metro
Cleveland County	$909	+3.3%	Non-metro
Conway County	$909	+3.3%	Non-metro
Cross County	$909	+3.3%	Non-metro
Dallas County	$909	+3.3%	Non-metro
Desha County	$909	+3.3%	Non-metro
Drew County	$909	−1.9%	Non-metro
Franklin County	$909	+3.3%	Non-metro
Fulton County	$909	+3.3%	Non-metro
Grant County	$909	−6.1%	Grant County, AR HUD Metro FMR Area
Hempstead County	$909	+0.1%	Non-metro
Howard County	$909	+2.9%	Non-metro
Izard County	$909	+3.3%	Non-metro
Jackson County	$909	+3.3%	Non-metro
Johnson County	$909	+2.8%	Non-metro
Lafayette County	$909	+3.3%	Non-metro
Lawrence County	$909	+3.3%	Non-metro
Lee County	$909	+3.3%	Non-metro
Lincoln County	$909	+3.3%	Non-metro
Little River County	$909	+3.3%	Little River County, AR HUD Metro FMR Area
Logan County	$909	+3.3%	Non-metro
Mississippi County	$909	+3.3%	Non-metro
Monroe County	$909	+3.3%	Non-metro
Montgomery County	$909	+3.3%	Non-metro
Newton County	$909	+3.3%	Non-metro
Ouachita County	$909	+3.3%	Non-metro
Phillips County	$909	+3.3%	Non-metro
Pike County	$909	+3.3%	Non-metro
Poinsett County	$909	+3.3%	Poinsett County, AR HUD Metro FMR Area
Polk County	$909	+1.3%	Non-metro
Prairie County	$909	+3.3%	Non-metro
Randolph County	$909	+3.3%	Non-metro
Scott County	$909	+3.3%	Non-metro
Searcy County	$909	+3.3%	Non-metro
Sevier County	$909	+3.3%	Non-metro
Sharp County	$909	+3.3%	Non-metro
Van Buren County	$909	+3.3%	Non-metro
Woodruff County	$909	+3.3%	Non-metro
Yell County	$909	+3.3%	Non-metro

HUD metro FMR areas

FY 2027 two-bedroom fair market rent by HUD metro area in Arkansas
Metro area	Counties	2BR
Memphis, TN-MS-AR HUD Metro FMR Area	1	$1,301
Fayetteville-Springdale-Rogers, AR MSA	3	$1,256
Little Rock-North Little Rock-Conway, AR HUD Metro FMR Area	5	$1,121
Texarkana, TX-Texarkana, AR HUD Metro FMR Area	1	$1,118
Hot Springs, AR MSA	1	$1,110
Jonesboro, AR HUD Metro FMR Area	1	$1,079
Fort Smith, AR-OK MSA	2	$979
Grant County, AR HUD Metro FMR Area	1	$909
Little River County, AR HUD Metro FMR Area	1	$909
Poinsett County, AR HUD Metro FMR Area	1	$909

Questions about Arkansas rents

What is the fair market rent in Arkansas?

HUD sets fair market rents by metro area and county, not statewide. For FY 2027 the median county two-bedroom FMR in Arkansas is $909. Look up the county or ZIP code to see the value that applies to a specific property.

Which Arkansas counties have the highest fair market rent?

For FY 2027, the highest two-bedroom FMRs are in Crittenden County ($1,301), Benton County ($1,256), Madison County ($1,256).

Does Arkansas use Small Area Fair Market Rents?

Yes, in part. HUD requires Small Area FMRs in 10 ZIP codes in the Memphis, TN-MS-AR HUD Metro FMR Area. Elsewhere, housing authorities use the metro or county FMR unless they choose to adopt Small Area FMRs.

Source: HUD FY 2027 Fair Market Rents. Change compares each county's two-bedroom FMR with FY 2026.

Arkansas counties Arkansas cities Arkansas ZIP codes What is FMR?

Data source: U.S. Department of Housing and Urban Development (HUD)

Fiscal Year 2027