Arkansas · FIPS 05059 · HUD FY 2027
Hot Spring County, Arkansas Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Hot Spring County is $916 a month (rent plus utilities), 14% below the Arkansas average of $1,061 and 48% below the U.S. average of $1,761. That is up $36 (4.1%) from FY 2026. At 30% of income, a household needs about $36,640 a year to afford it.
- $9162-bedroom FMR+$36 (+4.1%) vs FY 2026
- $7001-bedroom FMRArkansas: $873 · U.S.: $1,478
- $36,640Income for a 2-bedroom$18/hour full-time
- 30 of 752BR rank in Arkansas1 = highest rent
| Unit | Hot Spring County FY 2027 | FY 2026 | Change | Arkansas avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $638 | $613 | +$25 (+4.1%) | $818 | $1,379 | $25,520 |
| 1 bedroom | $700 | $671 | +$29 (+4.3%) | $873 | $1,478 | $28,000 |
| 2 bedrooms | $916 | $880 | +$36 (+4.1%) | $1,061 | $1,761 | $36,640 |
| 3 bedrooms | $1,174 | $1,155 | +$19 (+1.6%) | $1,414 | $2,266 | $46,960 |
| 4 bedrooms | $1,284 | $1,282 | +$2 (+0.2%) | $1,639 | $2,607 | $51,360 |
How Hot Spring County compares
- Hot Spring County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Arkansas, 2-bedroom FMRs run from $909 (Yell County) to $1,301 (Crittenden County).
- Studio to 4-bedroom: $638, $700, $916, $1,174, $1,284. 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 4 ZIP codes mostly in Hot Spring County (by land area), the 2-bedroom figure ranges from $990 to $1,060.
Small Area FMRs by ZIP code in Hot Spring County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 71929 | $710 | $780 | $1,020 | $1,310 | $1,430 | +$10 (+1.0%) | 11% above |
| 71941 | $740 | $810 | $1,060 | $1,360 | $1,490 | +$80 (+8.2%) | 16% above |
| 71942 | $730 | $760 | $990 | $1,300 | $1,400 | +$70 (+7.6%) | 8% above |
| 72104 | $890 | $900 | $1,040 | $1,390 | $1,640 | +$100 (+10.6%) | 14% 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.