FY2027 Small Area FMR · Horatio, AR
ZIP 71842 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 71842 (Horatio, AR) is $1,110 a month, up 3.7% from FY2026. That is 22% above the Sevier County, AR area-wide FMR of $909.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 71842 sits in the Sevier County, AR area
Of the 6 ZIP codes HUD lists for the area, 71842 has the 2nd highest two-bedroom Small Area FMR. Sevier County, 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 $909 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,110 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $770 | $693 – $847 | $633 | $810 |
| 1 bedroom | $850 | $765 – $935 | $695 | $820 |
| 2 bedrooms | $1,110 | $999 – $1,221 | $909 | $1,070 |
| 3 bedrooms | $1,370 | $1,233 – $1,507 | $1,121 | $1,330 |
| 4 bedrooms | $1,510 | $1,359 – $1,661 | $1,240 | $1,470 |
A household renting a two-bedroom home at the Small Area FMR of $1,110 needs about $44,400 a year to keep housing costs at 30% of income. The area median family income is $70,100 and the 80% low-income limit for four people is $56,900. ZIP code 71842 lies mainly in Sevier County. See the Sevier County, AR county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 71842?
HUD's FY2027 Small Area Fair Market Rents for 71842 are $770 (studio), $850 (1 BR), $1,110 (2 BR), $1,370 (3 BR) and $1,510 (4 BR) a month.
What is the Section 8 payment standard in 71842?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 71842 that range is $999 to $1,221 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 71842?
The FY2026 income limits of the Sevier County, AR area apply: median family income $70,100, low-income (80%) limit $56,900 for a family of four.