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Washington County/Fayetteville/72701

72701

ZIPSAFMR
Washington County, AR
Zillow

ZIP Investment Score

96Above average

095130300
BRFMR
Eff. Rent
0 BR$930$1,020
1 BR$1,080$1,190
2 BR$1,280$1,410
3 BR$1,770$1,780
4 BR$2,140$2,110
5 BR$2,461Not available
6 BR$2,830Not available
7 BR$3,255Not available
8 BR$3,743Not available

Purchase Price Calculator

Maximum purchase price
$147,609

Cost breakdown

+Likely effective rent$1,410
HUD FMR$1,280
Market rent$1,520
Est. payment standard (110%)Used$1,410
-Principal and interest-$746
Loan amount$118,087
Down payment$29,522
Rate6.50%
Term30 years
-Operating costs-$464
Property taxes-$148
Insurance-$175
Utilities$0
HOA$0
Management-$141
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,781(77.2% ROI)
Projected value
$158,959
Return breakdown
Property appreciation+$11,350
Loan principal paid down+$4,231
Rental cash flow+$7,200
5-year hold
+$38,942(131.9% ROI)
Projected value
$167,006
Return breakdown
Property appreciation+$19,397
Loan principal paid down+$7,545
Rental cash flow+$12,000
10-year hold
+$83,320(282.2% ROI)
Projected value
$188,952
Return breakdown
Property appreciation+$41,343
Loan principal paid down+$17,977
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.78
1 BR
0.77
2 BR
0.84
3 BR
0.99
4 BR
1.01
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 72701 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 72701 (Fayetteville, AR) is $1,280 a month. That is down 5.9% from $1,360 in FY 2026. Fayetteville is in the Fayetteville-Springdale-Rogers, 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 $1,256. Among 23 ZIP codes in Washington County, 72701 has the 6th-highest two-bedroom rent (county range $1,220–$1,570). The median county two-bedroom FMR in Arkansas is $909, so ZIP 72701 is 41% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 72701
BedroomsFY 2027Change90–110% range
Studio$930−8.8%$837–$1,023
1BR$1,080−4.4%$972–$1,188
2BR$1,280−5.9%$1,152–$1,408
3BR$1,770−6.3%$1,593–$1,947
4BR$2,140−4.0%$1,926–$2,354

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 72701
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$930$1,080$1,280$1,770$2,140
FY 2026$1,020$1,130$1,360$1,890$2,230
FY 2025$850$920$1,110$1,560$1,800
FY 2024$860$920$1,110$1,560$1,830
FY 2023$740$790$960$1,360$1,630

Two-bedroom rent in nearby Washington County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 72701
72701Current$1,280—
72702$1,220−4.7%
72703$1,220−4.7%
72704$1,340+4.7%
72717$1,220−4.7%
72727$1,340+4.7%
72728$1,220−4.7%
72729$1,220−4.7%
72730$1,570+22.7%
72735$1,220−4.7%
72737$1,220−4.7%
72741$1,220−4.7%

Questions about ZIP 72701 rents

How much will Section 8 pay for a two-bedroom in ZIP 72701?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,256, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,130 to $1,382 a month; under the ZIP-level Small Area FMR of $1,280 it would be $1,152 to $1,408. 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 72701 in?

ZIP 72701 is in the Fayetteville-Springdale-Rogers, AR MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,256.

How much did fair market rent change in ZIP 72701 for FY 2027?

The two-bedroom FMR fell 5.9%, from $1,360 in FY 2026 to $1,280 in FY 2027. Since FY 2023 it has risen 33.3%.

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