FY2027 Small Area FMR · Monroe, AR

ZIP 72108 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 72108 (Monroe, AR) is $940 a month, up 5.6% from FY2026. That is 3% above the Monroe County, AR area-wide FMR of $909.

2-bedroom SAFMR$940per month ▲ 5.6%

Area-wide 2 BR FMR$909Monroe County, AR

Rank in the area5thof 9 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$846

2 BR Small Area FMR$940

110% of SAFMR$1,034

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

Studio$670▲ 3.1%

1 BR$720▲ 5.9%

2 BR$940▲ 5.6%

3 BR$1,210▲ 5.2%

4 BR$1,440▲ 15.2%

FY2027 FY2026

Where 72108 sits in the Monroe County, AR area

Of the 9 ZIP codes HUD lists for the area, 72108 has the 5th highest two-bedroom Small Area FMR. Monroe 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 $940 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	$670	$603 – $737	$646	$650
1 bedroom	$720	$648 – $792	$695	$680
2 bedrooms	$940	$846 – $1,034	$909	$890
3 bedrooms	$1,210	$1,089 – $1,331	$1,083	$1,150
4 bedrooms	$1,440	$1,296 – $1,584	$1,274	$1,250

A household renting a two-bedroom home at the Small Area FMR of $940 needs about $37,600 a year to keep housing costs at 30% of income. The area median family income is $68,000 and the 80% low-income limit for four people is $56,900. ZIP code 72108 lies mainly in Monroe County. See the Monroe County, AR county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
72368	Moro	8.8 mi	$970
72029	Clarendon	9.9 mi	$910
72311	Aubrey	10.2 mi	$1,060
72069	Holly Grove	11.5 mi	$1,140
72366	Marvell	13.2 mi	$910
72383	Turner	13.7 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 72108?

HUD's FY2027 Small Area Fair Market Rents for 72108 are $670 (studio), $720 (1 BR), $940 (2 BR), $1,210 (3 BR) and $1,440 (4 BR) a month.

What is the Section 8 payment standard in 72108?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 72108 that range is $846 to $1,034 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 72108?

The FY2026 income limits of the Monroe County, AR area apply: median family income $68,000, low-income (80%) limit $56,900 for a family of four.