FY2027 Small Area FMR · Royal, AR

ZIP 71968 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 71968 (Royal, AR) is $1,210 a month, down 3.2% from FY2026. That is 9% above the Hot Springs, AR area-wide FMR of $1,110.

2-bedroom SAFMR$1,210per month ▼ 3.2%

Area-wide 2 BR FMR$1,110Hot Springs, AR

Rank in the area3rdof 14 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,089

2 BR Small Area FMR$1,210

110% of SAFMR$1,331

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

Studio$930▼ 2.1%

1 BR$940▼ 2.1%

2 BR$1,210▼ 3.2%

3 BR$1,550▼ 3.1%

4 BR$1,740▼ 8.9%

FY2027 FY2026

Where 71968 sits in the Hot Springs, AR area

Of the 14 ZIP codes HUD lists for the area, 71968 has the 3rd highest two-bedroom Small Area FMR. Hot Springs, 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 $1,110 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,210 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$930	$837 – $1,023	$858	$950
1 bedroom	$940	$846 – $1,034	$863	$960
2 bedrooms	$1,210	$1,089 – $1,331	$1,110	$1,250
3 bedrooms	$1,550	$1,395 – $1,705	$1,424	$1,600
4 bedrooms	$1,740	$1,566 – $1,914	$1,599	$1,910

A household renting a two-bedroom home at the Small Area FMR of $1,210 needs about $48,400 a year to keep housing costs at 30% of income. The area median family income is $81,600 and the 80% low-income limit for four people is $64,300. ZIP code 71968 lies mainly in Garland County. See the Hot Springs, AR county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
71933	Bonnerdale	6.6 mi	$990
71964	Pearcy	7.5 mi	$1,440
71956	Mountain Pine	9.3 mi	$990
71913	Hot Springs National Park	12.3 mi	$1,150
71949	Jessieville	12.7 mi	$1,160
71970	Story	15.1 mi	$910

Questions

What is the Fair Market Rent for ZIP code 71968?

HUD's FY2027 Small Area Fair Market Rents for 71968 are $930 (studio), $940 (1 BR), $1,210 (2 BR), $1,550 (3 BR) and $1,740 (4 BR) a month.

What is the Section 8 payment standard in 71968?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 71968 that range is $1,089 to $1,331 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 71968?

The FY2026 income limits of the Hot Springs, AR area apply: median family income $81,600, low-income (80%) limit $64,300 for a family of four.