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Crawford County/Alma/72921

72921

ZIPSAFMR
Crawford County, AR
Zillow

ZIP Investment Score

72Below average

095130300
BRFMR
Eff. Rent
0 BR$820$860
1 BR$830$850
2 BR$1,090$960
3 BR$1,470$1,200
4 BR$1,810$1,360
5 BR$2,082Not available
6 BR$2,394Not available
7 BR$2,753Not available
8 BR$3,166Not available

Purchase Price Calculator

Maximum purchase price
$80,739

Cost breakdown

+Likely effective rent$960
HUD FMR$1,090
Market rentUsed$960
Est. payment standard (92%)$1,010
-Principal and interest-$408
Loan amount$64,591
Down payment$16,148
Rate6.50%
Term30 years
-Operating costs-$352
Property taxes-$81
Insurance-$175
Utilities$0
HOA$0
Management-$96
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$15,722(97.4% ROI)
Projected value
$86,947
Return breakdown
Property appreciation+$6,208
Loan principal paid down+$2,314
Rental cash flow+$7,200
5-year hold
+$26,737(165.6% ROI)
Projected value
$91,349
Return breakdown
Property appreciation+$10,610
Loan principal paid down+$4,127
Rental cash flow+$12,000
10-year hold
+$56,447(349.6% ROI)
Projected value
$103,353
Return breakdown
Property appreciation+$22,614
Loan principal paid down+$9,833
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.93
1 BR
0.97
2 BR
1.14
3 BR
1.23
4 BR
1.33
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 72921 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 72921 (Alma, AR) is $1,090 a month. That is up 13.5% from $960 in FY 2026. Alma is in the Fort Smith, AR-OK 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 $979. Among 11 ZIP codes in Crawford County, 72921 has the 3rd-highest two-bedroom rent (county range $920–$1,220). The median county two-bedroom FMR in Arkansas is $909, so ZIP 72921 is 20% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 72921
BedroomsFY 2027Change90–110% range
Studio$820+17.1%$738–$902
1BR$830+13.7%$747–$913
2BR$1,090+13.5%$981–$1,199
3BR$1,470+13.1%$1,323–$1,617
4BR$1,810+15.3%$1,629–$1,991

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 72921
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$820$830$1,090$1,470$1,810
FY 2026$700$730$960$1,300$1,570
FY 2025$690$690$910$1,240$1,500
FY 2024$670$680$890$1,220$1,440
FY 2023$600$610$800$1,100$1,270

Two-bedroom rent in nearby Crawford County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 72921
72921Current$1,090—
72932$970−11.0%
72934$920−15.6%
72935$920−15.6%
72946$1,150+5.5%
72947$920−15.6%
72948$1,220+11.9%
72952$1,010−7.3%
72955$950−12.8%
72956$970−11.0%
72957$970−11.0%

Questions about ZIP 72921 rents

How much will Section 8 pay for a two-bedroom in ZIP 72921?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $979, which applies unless the housing authority uses Small Area FMRs, that basic range is $881 to $1,077 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 72921 in?

ZIP 72921 is in the Fort Smith, AR-OK MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $979.

How much did fair market rent change in ZIP 72921 for FY 2027?

The two-bedroom FMR rose 13.5%, from $960 in FY 2026 to $1,090 in FY 2027. Since FY 2023 it has risen 36.3%.

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