FY2027 Small Area FMR · Choctaw, AR

ZIP 72028 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 72028 (Choctaw, AR) is $930 a month, up 4.5% from FY2026. That is 2% above the Van Buren County, AR area-wide FMR of $909.

2-bedroom SAFMR$930per month ▲ 4.5%

Area-wide 2 BR FMR$909Van Buren County, AR

Rank in the area5thof 14 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$837

2 BR Small Area FMR$930

110% of SAFMR$1,023

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

Studio$660▲ 3.1%

1 BR$740▲ 8.8%

2 BR$930▲ 4.5%

3 BR$1,280▲ 6.7%

4 BR$1,310▲ 4.0%

FY2027 FY2026

Where 72028 sits in the Van Buren County, AR area

Of the 14 ZIP codes HUD lists for the area, 72028 has the 5th highest two-bedroom Small Area FMR. Van Buren 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 $930 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	$660	$594 – $726	$646	$640
1 bedroom	$740	$666 – $814	$727	$680
2 bedrooms	$930	$837 – $1,023	$909	$890
3 bedrooms	$1,280	$1,152 – $1,408	$1,258	$1,200
4 bedrooms	$1,310	$1,179 – $1,441	$1,274	$1,260

A household renting a two-bedroom home at the Small Area FMR of $930 needs about $37,200 a year to keep housing costs at 30% of income. The area median family income is $66,900 and the 80% low-income limit for four people is $56,900. ZIP code 72028 lies mainly in Van Buren County. See the Van Buren County, AR county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
72031	Clinton	4.0 mi	$930
72141	Scotland	8.4 mi	$910
72629	Dennard	11.2 mi	$920
72030	Cleveland	12.7 mi	$910
72013	Bee Branch	13.0 mi	$1,020
72153	Shirley	13.2 mi	$910

Questions

What is the Fair Market Rent for ZIP code 72028?

HUD's FY2027 Small Area Fair Market Rents for 72028 are $660 (studio), $740 (1 BR), $930 (2 BR), $1,280 (3 BR) and $1,310 (4 BR) a month.

What is the Section 8 payment standard in 72028?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 72028 that range is $837 to $1,023 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 72028?

The FY2026 income limits of the Van Buren County, AR area apply: median family income $66,900, low-income (80%) limit $56,900 for a family of four.