FY2027 Small Area FMR · Little Rock, AR

ZIP 72201 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 72201 (Little Rock, AR) is $1,430 a month, down 3.4% from FY2026. That is 28% above the Little Rock-North Little Rock-Conway, AR area-wide FMR of $1,121.

2-bedroom SAFMR$1,430per month ▼ 3.4%

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

Rank in the area1stof 92 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,287

2 BR Small Area FMR$1,430

110% of SAFMR$1,573

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

Studio$1,230▼ 3.1%

1 BR$1,240▼ 3.1%

2 BR$1,430▼ 3.4%

3 BR$1,920▼ 3.5%

4 BR$2,310▼ 1.7%

FY2027 FY2026

Where 72201 sits in the Little Rock-North Little Rock-Conway, AR area

Of the 92 ZIP codes HUD lists for the area, 72201 has the 1st 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 $1,430 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	$1,230	$1,107 – $1,353	$964	$1,270
1 bedroom	$1,240	$1,116 – $1,364	$969	$1,280
2 bedrooms	$1,430	$1,287 – $1,573	$1,121	$1,480
3 bedrooms	$1,920	$1,728 – $2,112	$1,504	$1,990
4 bedrooms	$2,310	$2,079 – $2,541	$1,810	$2,350

A household renting a two-bedroom home at the Small Area FMR of $1,430 needs about $57,200 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 72201 lies mainly in Pulaski 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
72114	North Little Rock	1.7 mi	$1,040
72202	Little Rock	2.8 mi	$1,180
72053	College Station	3.9 mi	$1,040
72205	Little Rock	4.0 mi	$1,190
72116	North Little Rock	4.2 mi	$1,150
72207	Little Rock	4.2 mi	$1,060

Questions

What is the Fair Market Rent for ZIP code 72201?

HUD's FY2027 Small Area Fair Market Rents for 72201 are $1,230 (studio), $1,240 (1 BR), $1,430 (2 BR), $1,920 (3 BR) and $2,310 (4 BR) a month.

What is the Section 8 payment standard in 72201?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 72201 that range is $1,287 to $1,573 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 72201?

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.