FMR is below market; voucher rent may lag private rents.
0.77
1 BR
1 BR
0.80ratio
FMR$740
Market$920
vs market-$180
FMR is below market; voucher rent may lag private rents.
0.80
2 BR
2 BR
0.96ratio
FMR$970
Market$1,010
vs market-$40
FMR is near market; voucher and private rents are aligned.
0.96
3 BR
3 BR
0.89ratio
FMR$1,310
Market$1,470
vs market-$160
FMR is below market; voucher rent may lag private rents.
0.89
4 BR
4 BR
0.94ratio
FMR$1,610
Market$1,710
vs market-$100
FMR is near market; voucher and private rents are aligned.
0.94
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 72957 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 72957 (Van Buren, AR) is $970 a month. That is up 3.2% from $940 in FY 2026. Van Buren 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, 72957 is tied for the 5th-highest two-bedroom rent (county range $920–$1,220). The median county two-bedroom FMR in Arkansas is $909, so ZIP 72957 is 7% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 72957
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$680
$730
+7.4%
$657–$803
1BR
$710
$740
+4.2%
$666–$814
2BR
$940
$970
+3.2%
$873–$1,067
3BR
$1,270
$1,310
+3.1%
$1,179–$1,441
4BR
$1,530
$1,610
+5.2%
$1,449–$1,771
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 72957
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$730
$740
$970
$1,310
$1,610
FY 2026
$680
$710
$940
$1,270
$1,530
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
How much will Section 8 pay for a two-bedroom in ZIP 72957?
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 $970 it would be $873 to $1,067. 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 72957 in?
ZIP 72957 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 72957 for FY 2027?
The two-bedroom FMR rose 3.2%, from $940 in FY 2026 to $970 in FY 2027. Since FY 2023 it has risen 21.3%.
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