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RentData.org Logo Franklin County Fair Market Rent FY 2023 Franklin County, AR HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Franklin County, AR :
$581 $588 $720 $887 $1,226
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Franklin County are very low compared to the national average. This FMR area is less expensive than 92% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Franklin County is $720 per month.

The previous year, rent for a two-bedroom home was $649 per month. This is a 10.94% increase year-over-year.

This FMR rate applies to Combs, AR, Alix, AR, Cecil, AR, Branch, AR, Ratcliff, AR, Altus, AR, Charleston, AR, Paris, AR, Ozark, AR and other cities within the region. The Metro Code or CBSA code for this region is METRO22900M05047.

Additionally, This Fair Market Rent (FMR) area Franklin County, AR HUD Metro FMR Area spans one county or city in Arkansas which is listed in the table below. Estimated population of Franklin County, AR HUD Metro FMR Area FMR area is 17,785 people based on latest Census data.

Compared to the rest of Arkansas, the Franklin County FMR area is more expensive than 58% of the state.

Arkansas Rents Map

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Franklin County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Franklin County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 619
1-BR 1-Bedroom $ 626
2-BR 2-Bedroom $ 767
3-BR 3-Bedroom $ 945
4-BR 4-Bedroom $ 1306
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2022 2023 2024 2025

There is just one county (listed below) within the Franklin County, AR HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Ft. Smith - Fay - Sprngdl - Rgrs.

County / Region Est. Population
Franklin County, AR Metro 17,785
Zip Codes in Franklin County, AR HUD Metro FMR Area

There are 9 unique zip codes in this Fair Market Rent (FMR) area:

72721, 72820, 72821, 72855, 72928, 72930, 72933, 72949 and 72951

Lookup Fair Market Rent by Zip Code

What's Next?

Here are some additional resources you may also be interested in:

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