FY2027 Small Area FMR · Redfield, AR

ZIP 72132 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 72132 (Redfield, AR) is $1,120 a month, down 5.1% from FY2026. That is 0% equal to the Little Rock-North Little Rock-Conway, AR area-wide FMR of $1,121.

2-bedroom SAFMR$1,120per month ▼ 5.1%

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

Rank in the area37thof 92 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,008

2 BR Small Area FMR$1,120

110% of SAFMR$1,232

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

Studio$930▲ 4.5%

1 BR$930▲ 1.1%

2 BR$1,120▼ 5.1%

3 BR$1,460▼ 5.2%

4 BR$1,640▲ 2.5%

FY2027 FY2026

Where 72132 sits in the Little Rock-North Little Rock-Conway, AR area

Of the 92 ZIP codes HUD lists for the area, 72132 has the 37th 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 $1,120 for this ZIP code instead.

ZIP code 72132 crosses more than one HUD area. HUD also lists it under Grant County, AR (same figures) and Jefferson County, AR (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$930	$837 – $1,023	$964	$890
1 bedroom	$930	$837 – $1,023	$969	$920
2 bedrooms	$1,120	$1,008 – $1,232	$1,121	$1,180
3 bedrooms	$1,460	$1,314 – $1,606	$1,504	$1,540
4 bedrooms	$1,640	$1,476 – $1,804	$1,810	$1,600

A household renting a two-bedroom home at the Small Area FMR of $1,120 needs about $44,800 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 72132 lies mainly in Jefferson County and Grant 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
72079	Jefferson	4.0 mi	$1,030
72180	Woodson	6.0 mi	$1,100
72065	Hensley	7.7 mi	$1,100
72182	Wright	8.3 mi	$930
72183	Wrightsville	10.7 mi	$1,040
71602	White Hall	12.9 mi	$970

Questions

What is the Fair Market Rent for ZIP code 72132?

HUD's FY2027 Small Area Fair Market Rents for 72132 are $930 (studio), $930 (1 BR), $1,120 (2 BR), $1,460 (3 BR) and $1,640 (4 BR) a month.

What is the Section 8 payment standard in 72132?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 72132 that range is $1,008 to $1,232 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 72132?

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.