FY2027 Small Area FMR · Springfield, AR

ZIP 72157 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 72157 (Springfield, AR) is $920 a month, up 4.5% from FY2026. That is 1% above the Conway County, AR area-wide FMR of $909.

2-bedroom SAFMR$920per month ▲ 4.5%

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

Rank in the area9thof 15 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$828

2 BR Small Area FMR$920

110% of SAFMR$1,012

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

Studio$640▲ 4.9%

1 BR$700▲ 4.5%

2 BR$920▲ 4.5%

3 BR$1,270▲ 4.1%

4 BR$1,540▲ 6.2%

FY2027 FY2026

Where 72157 sits in the Conway County, AR area

Of the 15 ZIP codes HUD lists for the area, 72157 has the 9th highest two-bedroom Small Area FMR. Conway 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 $920 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	$640	$576 – $704	$633	$610
1 bedroom	$700	$630 – $770	$695	$670
2 bedrooms	$920	$828 – $1,012	$909	$880
3 bedrooms	$1,270	$1,143 – $1,397	$1,259	$1,220
4 bedrooms	$1,540	$1,386 – $1,694	$1,519	$1,450

A household renting a two-bedroom home at the Small Area FMR of $920 needs about $36,800 a year to keep housing costs at 30% of income. The area median family income is $68,200 and the 80% low-income limit for four people is $56,900. ZIP code 72157 lies mainly in Conway County. See the Conway County, AR county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
72027	Center Ridge	7.1 mi	$910
72156	Solgohachia	7.3 mi	$920
72127	Plumerville	7.3 mi	$910
72107	Menifee	9.0 mi	$930
72181	Wooster	9.8 mi	$1,080
72058	Greenbrier	10.4 mi	$1,090

Questions

What is the Fair Market Rent for ZIP code 72157?

HUD's FY2027 Small Area Fair Market Rents for 72157 are $640 (studio), $700 (1 BR), $920 (2 BR), $1,270 (3 BR) and $1,540 (4 BR) a month.

What is the Section 8 payment standard in 72157?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 72157 that range is $828 to $1,012 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 72157?

The FY2026 income limits of the Conway County, AR area apply: median family income $68,200, low-income (80%) limit $56,900 for a family of four.