Metro FMR area · AR · HUD FY 2027

Hot Springs, AR Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Hot Springs, AR area is $1,110 a month, 5% above the Arkansas average and 37% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 14 ZIP codes range from $990 to $1,440.

$1,1102-bedroom FMR+$20 (+1.8%) vs FY 2026
$8631-bedroom FMRU.S.: $1,478
$44,400Income for a 2-bedroomat 30% of income
100,035Residents1 county

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Household income ($ per year, before tax)

Default: the income a 2-bedroom here needs at 30%.

Unit size

Rent you can afford at 30% of income$1,110/month

2-bedroom Fair Market Rent and the income it needs
Area	Fair Market Rent	Income needed	Share of your income
Hot Springs, AR FMR	$1,110	$44,400	–
Arkansas average	$1,061	$42,433	–
U.S. average	$1,761	$70,432	–

Hot Springs, AR Fair Market Rents, FY 2027 vs FY 2026
Unit	Hot Springs, AR FY 2027	FY 2026	Change	Arkansas avg	U.S. avg	Income needed
Studio	$858	$829	+$29 (+3.5%)	$818	$1,379	$34,320
1 bedroom	$863	$834	+$29 (+3.5%)	$873	$1,478	$34,520
2 bedrooms	$1,110	$1,090	+$20 (+1.8%)	$1,061	$1,761	$44,400
3 bedrooms	$1,424	$1,393	+$31 (+2.2%)	$1,414	$2,266	$56,960
4 bedrooms	$1,599	$1,670	−$71 (−4.3%)	$1,639	$2,607	$63,960

Counties in this FMR area

Counties in the Hot Springs, AR FMR area
County	Residents in area
Garland County, AR	100,035

Small Area FMRs by ZIP code

Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,110.

Filter ZIP codes

FY 2027 Small Area Fair Market Rents, Hot Springs, AR
ZIP	Studio	1BR	2BR	3BR	4BR	2BR vs FY 2026	2BR vs area FMR
71901	$790	$790	$1,020	$1,310	$1,510	+$20 (+2.0%)	8% below
71902	$860	$860	$1,110	$1,420	$1,600	+$20 (+1.8%)	same
71903	$860	$860	$1,110	$1,420	$1,600	+$20 (+1.8%)	same
71909	$1,040	$1,050	$1,300	$1,690	$1,950	−$50 (−3.7%)	17% above
71910	$860	$860	$1,110	$1,420	$1,600	+$20 (+1.8%)	same
71913	$890	$890	$1,150	$1,470	$1,660	+$20 (+1.8%)	4% above
71914	$860	$860	$1,110	$1,420	$1,600	+$20 (+1.8%)	same
71933	$750	$760	$990	$1,260	$1,510	+$50 (+5.3%)	11% below
71949	$910	$930	$1,160	$1,500	$1,710	−$30 (−2.5%)	5% above
71956	$750	$760	$990	$1,260	$1,510	+$50 (+5.3%)	11% below
71964	$1,110	$1,120	$1,440	$1,850	$2,080	+$360 (+33.3%)	30% above
71968	$930	$940	$1,210	$1,550	$1,740	−$40 (−3.2%)	9% above
72087	$890	$900	$1,040	$1,390	$1,640	+$60 (+6.1%)	6% below
72104	$890	$900	$1,040	$1,390	$1,640	+$100 (+10.6%)	6% 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).

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.