FY2027 Small Area FMR · Coy, AR

ZIP 72037 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 72037 (Coy, AR) is $1,090 a month, down 1.8% from FY2026. That is 3% below the Little Rock-North Little Rock-Conway, AR area-wide FMR of $1,121.

2-bedroom SAFMR$1,090per month ▼ 1.8%

Area-wide 2 BR FMR$1,121Little Rock-North Little Roc

Rank in the area50thof 92 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$981

2 BR Small Area FMR$1,090

110% of SAFMR$1,199

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

Studio$940▼ 1.1%

1 BR$940▼ 2.1%

2 BR$1,090▼ 1.8%

3 BR$1,460▼ 2.0%

4 BR$1,760■ 0.0%

FY2027 FY2026

Where 72037 sits in the Little Rock-North Little Rock-Conway, AR area

Of the 92 ZIP codes HUD lists for the area, 72037 has the 50th highest two-bedroom Small Area FMR. Little Rock-North Little Rock-Conway, 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 $1,121 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,090 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	$940	$846 – $1,034	$964	$950
1 bedroom	$940	$846 – $1,034	$969	$960
2 bedrooms	$1,090	$981 – $1,199	$1,121	$1,110
3 bedrooms	$1,460	$1,314 – $1,606	$1,504	$1,490
4 bedrooms	$1,760	$1,584 – $1,936	$1,810	$1,760

A household renting a two-bedroom home at the Small Area FMR of $1,090 needs about $43,600 a year to keep housing costs at 30% of income. The area median family income is $93,700 and the 80% low-income limit for four people is $74,950. ZIP code 72037 lies mainly in Lonoke County. See the Little Rock-North Little Rock-Conway, AR metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
72046	England	4.6 mi	$1,040
72072	Humnoke	7.4 mi	$1,040
72083	Keo	8.5 mi	$1,040
72168	Tucker	8.7 mi	$930
72182	Wright	12.9 mi	$930
72152	Sherrill	13.9 mi	$960

Questions

What is the Fair Market Rent for ZIP code 72037?

HUD's FY2027 Small Area Fair Market Rents for 72037 are $940 (studio), $940 (1 BR), $1,090 (2 BR), $1,460 (3 BR) and $1,760 (4 BR) a month.

What is the Section 8 payment standard in 72037?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 72037 that range is $981 to $1,199 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 72037?

The FY2026 income limits of the Little Rock-North Little Rock-Conway, AR area apply: median family income $93,700, low-income (80%) limit $74,950 for a family of four.