FMR is near market; voucher and private rents are aligned.
0.99
4 BR
4 BR
1.11ratio
FMR$1,780
Market$1,610
vs market+$170
FMR is above market; underwrite to market rent.
1.11
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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ZIP 72099 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 72099 (Little Rock Air Force Base, AR) is $1,100 a month. That is up 2.8% from $1,070 in FY 2026. Little Rock Air Force Base 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 45 ZIP codes in Pulaski County, 72099 is tied for the 33rd-highest two-bedroom rent (county range $1,040–$1,430). The median county two-bedroom FMR in Arkansas is $909, so ZIP 72099 is 21% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 72099
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$920
$950
+3.3%
$855–$1,045
1BR
$920
$950
+3.3%
$855–$1,045
2BR
$1,070
$1,100
+2.8%
$990–$1,210
3BR
$1,440
$1,480
+2.8%
$1,332–$1,628
4BR
$1,700
$1,780
+4.7%
$1,602–$1,958
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 72099
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$950
$950
$1,100
$1,480
$1,780
FY 2026
$920
$920
$1,070
$1,440
$1,700
FY 2025
$850
$860
$990
$1,310
$1,550
FY 2024
$800
$800
$920
$1,230
$1,450
FY 2023
$810
$820
$940
$1,250
$1,500
Two-bedroom rent in nearby Pulaski County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 72099?
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 $1,100 it would be $990 to $1,210. 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 72099 in?
ZIP 72099 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 72099 for FY 2027?
The two-bedroom FMR rose 2.8%, from $1,070 in FY 2026 to $1,100 in FY 2027. Since FY 2023 it has risen 17.0%.
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