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Arkansas · FIPS 05085 · HUD FY 2027

Lonoke County, Arkansas Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Lonoke County is $1,121 a month (rent plus utilities), 6% above the Arkansas average of $1,061 and 36% below the U.S. average of $1,761. That is down $26 (2.3%) from FY 2026. At 30% of income, a household needs about $44,840 a year to afford it.

  • $1,1212-bedroom FMR−$26 (−2.3%) vs FY 2026
  • $9691-bedroom FMRArkansas: $873 · U.S.: $1,478
  • $44,840Income for a 2-bedroom$22/hour full-time
  • 5 of 752BR rank in Arkansas1 = highest rent

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.

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

Rent you can afford at 30% of income$1,121/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Lonoke County FMR$1,121$44,840–
Arkansas average$1,061$42,433–
U.S. average$1,761$70,432–
Lonoke County Fair Market Rents, FY 2027 vs FY 2026, with state and U.S. averages
UnitLonoke County FY 2027FY 2026ChangeArkansas avgU.S. avgIncome needed
Studio$964$984−$20 (−2.0%)$818$1,379$38,560
1 bedroom$969$989−$20 (−2.0%)$873$1,478$38,760
2 bedrooms$1,121$1,147−$26 (−2.3%)$1,061$1,761$44,840
3 bedrooms$1,504$1,540−$36 (−2.3%)$1,414$2,266$60,160
4 bedrooms$1,810$1,822−$12 (−0.7%)$1,639$2,607$72,400

How Lonoke County compares

  • HUD sets this rent for the Little Rock-North Little Rock-Conway, AR metro FMR area, which covers 740,387 residents in 5 counties.
  • Across Arkansas, 2-bedroom FMRs run from $909 (Yell County) to $1,301 (Crittenden County).
  • Studio to 4-bedroom: $964, $969, $1,121, $1,504, $1,810. 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 9 ZIP codes mostly in Lonoke County (by land area), the 2-bedroom figure ranges from $1,040 to $1,330.

Small Area FMRs by ZIP code in Lonoke County

FY 2027 Small Area Fair Market Rents, ZIP codes in Lonoke County
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
72007$1,140$1,150$1,330$1,780$2,150+$40 (+3.1%)19% above
72023$980$990$1,140$1,530$1,840no change2% above
72024$890$900$1,040$1,390$1,640+$110 (+11.8%)7% below
72046$890$900$1,040$1,390$1,640+$110 (+11.8%)7% below
72072$890$900$1,040$1,390$1,640+$110 (+11.8%)7% below
72083$890$900$1,040$1,390$1,640+$70 (+7.2%)7% below
72086$900$910$1,050$1,410$1,700−$50 (−4.5%)6% below
72142$890$900$1,040$1,400$1,680+$110 (+11.8%)7% below
72176$920$930$1,090$1,460$1,740−$60 (−5.2%)3% below

Sources

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.

All Arkansas counties · How HUD sets these rents