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RentData.org Logo Arkansas Fair Market Rent for 2023 Accurate Rental Price Data

Average Fair Market Rent Prices in Arkansas:
$564 $595 $752 $987 $1,136
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Arkansas (3) has the 109th highest rent in the country out of 112 states and territories. The Fair Market Rent in Arkansas ranges from $720 for a 2-bedroom apartment in Ashley County, AR to $1,032 for a 2-bedroom unit in Memphis, TN-MS-AR HUD Metro FMR Area.

For FY 2023, the Memphis, TN-MS-AR HUD Metro FMR Area (Crittenden County) rent for a studio or efficiency is $800 per month and $1,584 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in Arkansas is $752 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Arkansas is around 1,952,638 people. So, there are around 292,896 people in Arkansas who could be receiving housing benefits from the HUD.

Click on your region in the list below or on the map to see a more detailed break down of rental prices.

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 Arkansas. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Arkansas Fair Market Rent Map

Click on a region to view more detailed rent data.

Lookup FMR by Zip Code FHA Loan Limits in Arkansas
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Arkansas County, AR $509 $578 $761 $926 $1,110 17,761
Ashley County, AR $594 $597 $720 $876 $1,226 20,000
Baxter County, AR $599 $603 $794 $981 $1,130 41,673
Fayetteville-Springdale-Rogers, AR MSA Metro $720 $764 $930 $1,322 $1,582 273,510
Boone County, AR $539 $594 $720 $1,023 $1,084 37,525
Bradley County, AR $539 $568 $720 $1,005 $1,226 10,805
Calhoun County, AR $608 $617 $812 $988 $1,155 5,160
Carroll County, AR $485 $552 $726 $884 $975 28,062
Chicot County, AR $543 $547 $720 $976 $1,226 10,433
Clark County, AR $552 $629 $720 $1,006 $1,130 22,341
Clay County, AR $543 $547 $720 $917 $1,154 14,710
Cleburne County, AR $583 $591 $778 $949 $1,045 25,063
Pine Bluff, AR MSA Metro $580 $619 $815 $1,026 $1,095 8,063
Columbia County, AR $543 $547 $720 $964 $967 23,620
Conway County, AR $539 $547 $720 $1,002 $1,105 20,895
Jonesboro, AR HUD Metro FMR Area Metro $562 $665 $840 $1,088 $1,431 109,081
Fort Smith, AR-OK HUD Metro FMR Area Metro $601 $605 $797 $1,102 $1,270 63,118
Memphis, TN-MS-AR HUD Metro FMR Area Metro $800 $902 $1,032 $1,365 $1,584 48,381
Cross County, AR $554 $561 $739 $1,034 $1,259 16,576
Dallas County, AR $539 $547 $720 $1,023 $1,024 7,114
Desha County, AR $539 $566 $720 $979 $1,226 11,538
Drew County, AR $570 $578 $761 $933 $1,112 18,263
Little Rock-North Little Rock-Conway, AR HUD Metro FMR Area Metro $791 $805 $920 $1,227 $1,468 124,800
Franklin County, AR HUD Metro FMR Area Metro $581 $588 $720 $887 $1,226 17,785
Fulton County, AR $481 $547 $720 $1,000 $1,167 12,301
Hot Springs, AR MSA Metro $646 $673 $879 $1,088 $1,424 99,043
Grant County, AR HUD Metro FMR Area Metro $679 $691 $789 $1,005 $1,256 18,229
Greene County, AR $556 $646 $742 $1,055 $1,081 45,197
Hempstead County, AR $575 $583 $768 $998 $1,238 21,695
Hot Spring County, AR $535 $557 $733 $977 $1,193 33,667
Howard County, AR $489 $563 $720 $882 $967 13,267
Independence County, AR $544 $552 $726 $950 $975 37,585
Izard County, AR $539 $585 $720 $929 $1,024 13,596
Jackson County, AR $539 $547 $720 $876 $1,024 16,908
Johnson County, AR $547 $555 $730 $970 $981 26,475
Lafayette County, AR $539 $547 $720 $876 $1,024 6,728
Lawrence County, AR $539 $547 $720 $957 $1,134 16,511
Lee County, AR $539 $547 $720 $1,023 $1,024 8,963
Little River County, AR HUD Metro FMR Area Metro $543 $547 $720 $1,023 $1,226 12,345
Logan County, AR $507 $637 $720 $996 $1,016 21,619
Marion County, AR $546 $554 $729 $887 $979 16,586
Texarkana, TX-Texarkana, AR HUD Metro FMR Area Metro $704 $709 $890 $1,109 $1,444 43,515
Mississippi County, AR $532 $568 $720 $964 $967 41,396
Monroe County, AR $481 $547 $720 $945 $1,024 6,879
Montgomery County, AR $539 $637 $720 $993 $1,226 8,964
Nevada County, AR $616 $625 $823 $1,002 $1,171 8,249
Newton County, AR $539 $605 $720 $884 $1,226 7,753
Ouachita County, AR $624 $630 $720 $964 $967 23,597
Phillips County, AR $539 $554 $720 $1,023 $1,226 18,151
Pike County, AR $539 $579 $720 $940 $1,120 10,714
Poinsett County, AR HUD Metro FMR Area Metro $543 $547 $720 $892 $967 23,747
Polk County, AR $505 $579 $756 $920 $1,115 19,999
Pope County, AR $560 $596 $748 $1,054 $1,092 63,926
Prairie County, AR $561 $569 $749 $912 $1,065 8,138
Randolph County, AR $624 $637 $720 $980 $1,226 17,934
St. Francis County, AR $571 $575 $720 $1,023 $1,041 25,477
Scott County, AR $539 $547 $720 $911 $1,024 10,269
Searcy County, AR $539 $547 $720 $930 $1,024 7,898
Sevier County, AR $539 $600 $720 $962 $1,030 16,947
Sharp County, AR $525 $571 $720 $879 $1,126 17,217
Stone County, AR $539 $547 $720 $1,023 $1,024 12,582
Union County, AR $638 $642 $764 $1,068 $1,095 39,089
Van Buren County, AR $500 $547 $720 $879 $967 16,578
White County, AR $503 $596 $739 $998 $1,246 78,725
Woodruff County, AR $539 $547 $720 $951 $1,024 6,477
Yell County, AR $539 $574 $720 $964 $1,024 21,425

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