Income Limits by County

FY2027 Small Area FMR · Genoa, AR

ZIP 71840 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 71840 (Genoa, AR) is $1,070 a month, unchanged from FY2026. That is 4% below the Texarkana, TX-Texarkana, AR area-wide FMR of $1,118.

2-bedroom SAFMR$1,070per month ■ 0.0%
Area-wide 2 BR FMR$1,118Texarkana, TX-Texarkana, AR
Rank in the area10thof 20 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$963
2 BR Small Area FMR$1,070
110% of SAFMR$1,177

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

FY2027 FY2026

Where 71840 sits in the Texarkana, TX-Texarkana, AR area

$1,010$1,340median $1,065

Of the 20 ZIP codes HUD lists for the area, 71840 has the 10th highest two-bedroom Small Area FMR. Texarkana, TX-Texarkana, AR is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,118 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,070 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$800$720 – $880$839$830
1 bedroom$840$756 – $924$874$840
2 bedrooms$1,070$963 – $1,177$1,118$1,070
3 bedrooms$1,340$1,206 – $1,474$1,403$1,330
4 bedrooms$1,610$1,449 – $1,771$1,683$1,610

A household renting a two-bedroom home at the Small Area FMR of $1,070 needs about $42,800 a year to keep housing costs at 30% of income. The area median family income is $78,300 and the 80% low-income limit for four people is $66,950. ZIP code 71840 lies mainly in Miller County. See the Texarkana, TX-Texarkana, AR metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
71854Texarkana4.9 mi$1,060
71837Fouke9.6 mi$1,260
71839Garland City10.9 mi$1,010
75569Nash13.2 mi$1,060
75501Texarkana13.3 mi$1,100
71853Ogden14.6 mi$1,000

Questions

What is the Fair Market Rent for ZIP code 71840?

HUD's FY2027 Small Area Fair Market Rents for 71840 are $800 (studio), $840 (1 BR), $1,070 (2 BR), $1,340 (3 BR) and $1,610 (4 BR) a month.

What is the Section 8 payment standard in 71840?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 71840 that range is $963 to $1,177 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 71840?

The FY2026 income limits of the Texarkana, TX-Texarkana, AR area apply: median family income $78,300, low-income (80%) limit $66,950 for a family of four.