Arkansas (3) has the
109th highest rent in the country out of 112 states and territories. The Fair Market Rent in Arkansas
ranges from
$814 for a 2-bedroom apartment in
Ashley County, AR
to $1,298 for a 2-bedroom unit in
Memphis, TN-MS-AR HUD Metro FMR Area.
For FY 2024, the Memphis, TN-MS-AR HUD Metro FMR Area (Crittenden County) rent for a studio or efficiency is $1,031 per month and $1,995 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 $854 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.
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