Arkansas · FIPS 05063 · HUD FY 2027
Independence County, Arkansas Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Independence County is $934 a month (rent plus utilities), 12% below the Arkansas average of $1,061 and 47% below the U.S. average of $1,761. That is up $43 (4.8%) from FY 2026. At 30% of income, a household needs about $37,360 a year to afford it.
- $9342-bedroom FMR+$43 (+4.8%) vs FY 2026
- $7401-bedroom FMRArkansas: $873 · U.S.: $1,478
- $37,360Income for a 2-bedroom$18/hour full-time
- 28 of 752BR rank in Arkansas1 = highest rent
| Unit | Independence County FY 2027 | FY 2026 | Change | Arkansas avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $664 | $684 | −$20 (−2.9%) | $818 | $1,379 | $26,560 |
| 1 bedroom | $740 | $688 | +$52 (+7.6%) | $873 | $1,478 | $29,600 |
| 2 bedrooms | $934 | $891 | +$43 (+4.8%) | $1,061 | $1,761 | $37,360 |
| 3 bedrooms | $1,221 | $1,175 | +$46 (+3.9%) | $1,414 | $2,266 | $48,840 |
| 4 bedrooms | $1,228 | $1,180 | +$48 (+4.1%) | $1,639 | $2,607 | $49,120 |
How Independence County compares
- Independence County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Arkansas, 2-bedroom FMRs run from $909 (Yell County) to $1,301 (Crittenden County).
- Studio to 4-bedroom: $664, $740, $934, $1,221, $1,228. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 14 ZIP codes mostly in Independence County (by land area), the 2-bedroom figure ranges from $910 to $1,020.
Small Area FMRs by ZIP code in Independence County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 72165 | $650 | $720 | $910 | $1,180 | $1,190 | +$30 (+3.4%) | 3% below |
| 72501 | $670 | $750 | $940 | $1,230 | $1,330 | +$40 (+4.4%) | 1% above |
| 72522 | $650 | $730 | $920 | $1,200 | $1,200 | +$40 (+4.5%) | 1% below |
| 72524 | $650 | $710 | $910 | $1,180 | $1,200 | +$30 (+3.4%) | 3% below |
| 72526 | $670 | $750 | $940 | $1,230 | $1,240 | +$40 (+4.4%) | 1% above |
| 72527 | $670 | $750 | $940 | $1,230 | $1,240 | +$40 (+4.4%) | 1% above |
| 72534 | $690 | $770 | $970 | $1,260 | $1,280 | +$50 (+5.4%) | 4% above |
| 72550 | $670 | $740 | $950 | $1,240 | $1,260 | +$60 (+6.7%) | 2% above |
| 72553 | $670 | $750 | $940 | $1,230 | $1,240 | +$40 (+4.4%) | 1% above |
| 72562 | $650 | $720 | $910 | $1,190 | $1,190 | +$30 (+3.4%) | 3% below |
| 72564 | $670 | $730 | $930 | $1,210 | $1,220 | +$30 (+3.3%) | about the same as |
| 72568 | $730 | $810 | $1,020 | $1,330 | $1,340 | −$20 (−1.9%) | 9% above |
| 72571 | $680 | $760 | $960 | $1,250 | $1,260 | +$40 (+4.3%) | 3% above |
| 72579 | $650 | $720 | $910 | $1,190 | $1,290 | +$30 (+3.4%) | 3% below |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.