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Garland County/Hot Springs National Park/71913

71913

ZIPSAFMR
Garland County, AR
Zillow

ZIP Investment Score

92Below average

095130300
BRFMR
Eff. Rent
0 BR$890$880
1 BR$890$920
2 BR$1,150$1,240
3 BR$1,470$1,580
4 BR$1,660$1,830
5 BR$1,909Not available
6 BR$2,195Not available
7 BR$2,525Not available
8 BR$2,903Not available

Purchase Price Calculator

Maximum purchase price
$122,347

Cost breakdown

+Likely effective rent$1,240
HUD FMR$1,150
Market rent$1,290
Est. payment standard (108%)Used$1,240
-Principal and interest-$619
Loan amount$97,878
Down payment$24,469
Rate6.50%
Term30 years
-Operating costs-$421
Property taxes-$122
Insurance-$175
Utilities$0
HOA$0
Management-$124
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,114(82.2% ROI)
Projected value
$131,754
Return breakdown
Property appreciation+$9,407
Loan principal paid down+$3,507
Rental cash flow+$7,200
5-year hold
+$34,331(140.3% ROI)
Projected value
$138,424
Return breakdown
Property appreciation+$16,077
Loan principal paid down+$6,253
Rental cash flow+$12,000
10-year hold
+$73,168(299.0% ROI)
Projected value
$156,615
Return breakdown
Property appreciation+$34,268
Loan principal paid down+$14,901
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.01
1 BR
0.95
2 BR
0.89
3 BR
0.90
4 BR
0.79
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 71913 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 71913 (Hot Springs National Park, AR) is $1,150 a month. That is up 1.8% from $1,130 in FY 2026. Hot Springs National Park is in the Hot Springs, 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 $1,110. Among 11 ZIP codes in Garland County, 71913 has the 4th-highest two-bedroom rent (county range $990–$1,300). The median county two-bedroom FMR in Arkansas is $909, so ZIP 71913 is 27% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 71913
BedroomsFY 2027Change90–110% range
Studio$890+3.5%$801–$979
1BR$890+3.5%$801–$979
2BR$1,150+1.8%$1,035–$1,265
3BR$1,470+2.1%$1,323–$1,617
4BR$1,660−4.0%$1,494–$1,826

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 71913
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$890$890$1,150$1,470$1,660
FY 2026$860$860$1,130$1,440$1,730
FY 2025$810$810$1,050$1,330$1,650
FY 2024$780$780$1,020$1,270$1,640
FY 2023$680$700$920$1,140$1,490

Two-bedroom rent in nearby Garland County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 71913
71901$1,020−11.3%
71902$1,110−3.5%
71903$1,110−3.5%
71909$1,300+13.0%
71910$1,110−3.5%
71913Current$1,150—
71914$1,110−3.5%
71949$1,160+0.9%
71956$990−13.9%
71968$1,210+5.2%
72087$1,040−9.6%

Questions about ZIP 71913 rents

How much will Section 8 pay for a two-bedroom in ZIP 71913?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,110, which applies unless the housing authority uses Small Area FMRs, that basic range is $999 to $1,221 a month; under the ZIP-level Small Area FMR of $1,150 it would be $1,035 to $1,265. 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 ZIP 71913 in?

ZIP 71913 is in the Hot Springs, AR MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,110.

How much did fair market rent change in ZIP 71913 for FY 2027?

The two-bedroom FMR rose 1.8%, from $1,130 in FY 2026 to $1,150 in FY 2027. Since FY 2023 it has risen 25.0%.

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

County fair market rentHot Springs National Park, AR fair market rentAR statewide rentsWhat is SAFMR?Data sources