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Faulkner County/Greenbrier/72058

72058

ZIPSAFMR
Faulkner County, AR
Zillow

ZIP Investment Score

97Above average

095130300
BRFMR
Eff. Rent
0 BR$940$1,030
1 BR$940$1,030
2 BR$1,090$1,100
3 BR$1,460$1,350
4 BR$1,760$1,440
5 BR$2,024Not available
6 BR$2,328Not available
7 BR$2,677Not available
8 BR$3,078Not available

Purchase Price Calculator

Maximum purchase price
$101,543

Cost breakdown

+Likely effective rent$1,100
HUD FMR$1,090
Market rent$1,110
Est. payment standard (101%)Used$1,100
-Principal and interest-$513
Loan amount$81,234
Down payment$20,309
Rate6.50%
Term30 years
-Operating costs-$387
Property taxes-$102
Insurance-$175
Utilities$0
HOA$0
Management-$110
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,918(88.2% ROI)
Projected value
$109,351
Return breakdown
Property appreciation+$7,808
Loan principal paid down+$2,910
Rental cash flow+$7,200
5-year hold
+$30,534(150.3% ROI)
Projected value
$114,887
Return breakdown
Property appreciation+$13,344
Loan principal paid down+$5,190
Rental cash flow+$12,000
10-year hold
+$64,808(319.1% ROI)
Projected value
$129,984
Return breakdown
Property appreciation+$28,441
Loan principal paid down+$12,367
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.78
1 BR
0.82
2 BR
0.98
3 BR
1.08
4 BR
1.22
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 72058 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 72058 (Greenbrier, AR) is $1,090 a month. That is up 0.9% from $1,080 in FY 2026. Greenbrier 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. Among 12 ZIP codes in Faulkner County, 72058 has the 4th-highest two-bedroom rent (county range $1,040–$1,160). The median county two-bedroom FMR in Arkansas is $909, so ZIP 72058 is 20% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 72058
BedroomsFY 2027Change90–110% range
Studio$940+1.1%$846–$1,034
1BR$940+1.1%$846–$1,034
2BR$1,090+0.9%$981–$1,199
3BR$1,460+0.7%$1,314–$1,606
4BR$1,760+2.3%$1,584–$1,936

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 72058
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$940$940$1,090$1,460$1,760
FY 2026$930$930$1,080$1,450$1,720
FY 2025$850$860$990$1,310$1,550
FY 2024$880$880$1,010$1,350$1,590
FY 2023$760$780$890$1,190$1,420

Two-bedroom rent in nearby Faulkner County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 72058
72032$1,070−1.8%
72033$1,070−1.8%
72034$1,110+1.8%
72035$1,110+1.8%
72039$1,160+6.4%
72047$1,040−4.6%
72058Current$1,090—
72061$1,050−3.7%
72106$1,040−4.6%
72111$1,040−4.6%
72173$1,080−0.9%
72181$1,080−0.9%

Questions about ZIP 72058 rents

How much will Section 8 pay for a two-bedroom in ZIP 72058?

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 $1,090 it would be $981 to $1,199. 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 72058 in?

ZIP 72058 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 ZIP 72058 for FY 2027?

The two-bedroom FMR rose 0.9%, from $1,080 in FY 2026 to $1,090 in FY 2027. Since FY 2023 it has risen 22.5%.

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 rentGreenbrier, AR fair market rentAR statewide rentsWhat is SAFMR?Data sources