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Faulkner County/Mayflower/72106

72106

ZIPSAFMR
Faulkner County, AR
Zillow

ZIP Investment Score

90Below average

095130300
BRFMR
Eff. Rent
0 BR$890$870
1 BR$900$850
2 BR$1,040$980
3 BR$1,390$1,180
4 BR$1,640$1,350
5 BR$1,886Not available
6 BR$2,169Not available
7 BR$2,494Not available
8 BR$2,868Not available

Purchase Price Calculator

Maximum purchase price
$83,711

Cost breakdown

+Likely effective rent$980
HUD FMR$1,040
Market rentUsed$980
Est. payment standard (96%)$1,000
-Principal and interest-$423
Loan amount$66,969
Down payment$16,742
Rate6.50%
Term30 years
-Operating costs-$357
Property taxes-$84
Insurance-$175
Utilities$0
HOA$0
Management-$98
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$16,036(95.8% ROI)
Projected value
$90,148
Return breakdown
Property appreciation+$6,437
Loan principal paid down+$2,399
Rental cash flow+$7,200
5-year hold
+$27,279(162.9% ROI)
Projected value
$94,711
Return breakdown
Property appreciation+$11,000
Loan principal paid down+$4,279
Rental cash flow+$12,000
10-year hold
+$57,641(344.3% ROI)
Projected value
$107,157
Return breakdown
Property appreciation+$23,446
Loan principal paid down+$10,195
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.02
1 BR
1.06
2 BR
1.06
3 BR
1.18
4 BR
1.21
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 72106 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 72106 (Mayflower, AR) is $1,040 a month. That is up 5.1% from $990 in FY 2026. Mayflower 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, 72106 is tied for the 10th-highest two-bedroom rent (county range $1,040–$1,160). The median county two-bedroom FMR in Arkansas is $909, so ZIP 72106 is 14% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 72106
BedroomsFY 2027Change90–110% range
Studio$890+4.7%$801–$979
1BR$900+5.9%$810–$990
2BR$1,040+5.1%$936–$1,144
3BR$1,390+4.5%$1,251–$1,529
4BR$1,640+4.5%$1,476–$1,804

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 72106
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$890$900$1,040$1,390$1,640
FY 2026$850$850$990$1,330$1,570
FY 2025$850$860$990$1,310$1,550
FY 2024$870$870$1,000$1,330$1,580
FY 2023$760$770$880$1,170$1,400

Two-bedroom rent in nearby Faulkner County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 72106
72032$1,070+2.9%
72033$1,070+2.9%
72034$1,110+6.7%
72035$1,110+6.7%
72039$1,160+11.5%
72047$1,0400.0%
72058$1,090+4.8%
72061$1,050+1.0%
72106Current$1,040—
72111$1,0400.0%
72173$1,080+3.8%
72181$1,080+3.8%

Questions about ZIP 72106 rents

How much will Section 8 pay for a two-bedroom in ZIP 72106?

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 $1,040 it would be $936 to $1,144. 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 72106 in?

ZIP 72106 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 72106 for FY 2027?

The two-bedroom FMR rose 5.1%, from $990 in FY 2026 to $1,040 in FY 2027. Since FY 2023 it has risen 18.2%.

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