FY2027 Small Area FMR · Lonsdale, AR
ZIP 72087 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 72087 (Lonsdale, AR) is $1,040 a month, up 6.1% from FY2026. That is 6% below the Hot Springs, AR area-wide FMR of $1,110.
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 72087 sits in the Hot Springs, AR area
Of the 14 ZIP codes HUD lists for the area, 72087 has the 10th 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 $1,040 for this ZIP code instead.
ZIP code 72087 crosses more than one HUD area. HUD also lists it under Little Rock-North Little Rock-Conway, AR (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $890 | $801 – $979 | $858 | $800 |
| 1 bedroom | $900 | $810 – $990 | $863 | $810 |
| 2 bedrooms | $1,040 | $936 – $1,144 | $1,110 | $980 |
| 3 bedrooms | $1,390 | $1,251 – $1,529 | $1,424 | $1,290 |
| 4 bedrooms | $1,640 | $1,476 – $1,804 | $1,599 | $1,530 |
A household renting a two-bedroom home at the Small Area FMR of $1,040 needs about $41,600 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 72087 lies mainly in Saline County and Garland County. See the Hot Springs, 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 72087?
HUD's FY2027 Small Area Fair Market Rents for 72087 are $890 (studio), $900 (1 BR), $1,040 (2 BR), $1,390 (3 BR) and $1,640 (4 BR) a month.
What is the Section 8 payment standard in 72087?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 72087 that range is $936 to $1,144 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 72087?
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.