FY2027 Small Area FMR · Little Rock, AR

ZIP 72204 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 72204 (Little Rock, AR) is $1,130 a month, down 5.0% from FY2026. That is 1% above the Little Rock-North Little Rock-Conway, AR area-wide FMR of $1,121.

2-bedroom SAFMR$1,130per month ▼ 5.0%

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

Rank in the area34thof 92 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,017

2 BR Small Area FMR$1,130

110% of SAFMR$1,243

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

Studio$970▼ 4.9%

1 BR$980▼ 4.9%

2 BR$1,130▼ 5.0%

3 BR$1,520▼ 5.0%

4 BR$1,820▼ 3.7%

FY2027 FY2026

Where 72204 sits in the Little Rock-North Little Rock-Conway, AR area

Of the 92 ZIP codes HUD lists for the area, 72204 has the 34th 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 $1,130 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	$970	$873 – $1,067	$964	$1,020
1 bedroom	$980	$882 – $1,078	$969	$1,030
2 bedrooms	$1,130	$1,017 – $1,243	$1,121	$1,190
3 bedrooms	$1,520	$1,368 – $1,672	$1,504	$1,600
4 bedrooms	$1,820	$1,638 – $2,002	$1,810	$1,890

A household renting a two-bedroom home at the Small Area FMR of $1,130 needs about $45,200 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 72204 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
72205	Little Rock	2.3 mi	$1,190
72209	Little Rock	2.9 mi	$1,050
72207	Little Rock	3.9 mi	$1,060
72211	Little Rock	4.1 mi	$1,230
72227	Little Rock	4.2 mi	$1,100
72201	Little Rock	4.9 mi	$1,430

Questions

What is the Fair Market Rent for ZIP code 72204?

HUD's FY2027 Small Area Fair Market Rents for 72204 are $970 (studio), $980 (1 BR), $1,130 (2 BR), $1,520 (3 BR) and $1,820 (4 BR) a month.

What is the Section 8 payment standard in 72204?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 72204 that range is $1,017 to $1,243 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 72204?

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.