Arkansas · FIPS 05131 · HUD FY 2027
Sebastian County, Arkansas Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Sebastian County is $979 a month (rent plus utilities), 8% below the Arkansas average of $1,061 and 44% below the U.S. average of $1,761. That is up $42 (4.5%) from FY 2026. At 30% of income, a household needs about $39,160 a year to afford it.
- $9792-bedroom FMR+$42 (+4.5%) vs FY 2026
- $7481-bedroom FMRArkansas: $873 · U.S.: $1,478
- $39,160Income for a 2-bedroom$19/hour full-time
- 17 of 752BR rank in Arkansas1 = highest rent
| Unit | Sebastian County FY 2027 | FY 2026 | Change | Arkansas avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $741 | $683 | +$58 (+8.5%) | $818 | $1,379 | $29,640 |
| 1 bedroom | $748 | $714 | +$34 (+4.8%) | $873 | $1,478 | $29,920 |
| 2 bedrooms | $979 | $937 | +$42 (+4.5%) | $1,061 | $1,761 | $39,160 |
| 3 bedrooms | $1,324 | $1,266 | +$58 (+4.6%) | $1,414 | $2,266 | $52,960 |
| 4 bedrooms | $1,625 | $1,532 | +$93 (+6.1%) | $1,639 | $2,607 | $65,000 |
How Sebastian County compares
- HUD sets this rent for the Fort Smith, AR-OK metro FMR area, which covers 229,899 residents in 3 counties.
- Across Arkansas, 2-bedroom FMRs run from $909 (Yell County) to $1,301 (Crittenden County).
- Studio to 4-bedroom: $741, $748, $979, $1,324, $1,625. 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 Sebastian County (by land area), the 2-bedroom figure ranges from $920 to $1,330.
Small Area FMRs by ZIP code in Sebastian County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 72901 | $730 | $730 | $960 | $1,300 | $1,590 | +$20 (+2.1%) | 2% below |
| 72903 | $770 | $780 | $1,020 | $1,380 | $1,690 | +$80 (+8.5%) | 4% above |
| 72904 | $730 | $740 | $970 | $1,310 | $1,610 | +$30 (+3.2%) | 1% below |
| 72905 | $750 | $760 | $990 | $1,340 | $1,640 | +$50 (+5.3%) | 1% above |
| 72908 | $770 | $780 | $1,020 | $1,380 | $1,690 | +$40 (+4.1%) | 4% above |
| 72916 | $1,010 | $1,020 | $1,330 | $1,800 | $2,210 | +$150 (+12.7%) | 36% above |
| 72923 | $820 | $830 | $1,080 | $1,460 | $1,790 | +$10 (+0.9%) | 10% above |
| 72936 | $730 | $740 | $970 | $1,310 | $1,610 | +$20 (+2.1%) | 1% below |
| 72937 | $690 | $700 | $920 | $1,240 | $1,520 | −$20 (−2.1%) | 6% below |
| 72938 | $730 | $740 | $970 | $1,310 | $1,610 | +$30 (+3.2%) | 1% below |
| 72940 | $690 | $700 | $920 | $1,240 | $1,520 | −$20 (−2.1%) | 6% below |
| 72941 | $750 | $760 | $990 | $1,340 | $1,640 | +$50 (+5.3%) | 1% above |
| 72944 | $680 | $700 | $920 | $1,210 | $1,440 | −$20 (−2.1%) | 6% below |
| 72945 | $870 | $880 | $1,150 | $1,560 | $1,910 | +$100 (+9.5%) | 17% above |
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.