FY2027 Small Area FMR · Little Rock, AR

ZIP 72206 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 72206 (Little Rock, AR) is $1,040 a month, up 1.0% from FY2026. That is 7% below the Little Rock-North Little Rock-Conway, AR area-wide FMR of $1,121.

2-bedroom SAFMR$1,040per month ▲ 1.0%

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

Rank in the area67thof 92 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$936

2 BR Small Area FMR$1,040

110% of SAFMR$1,144

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

Studio$890▲ 1.1%

1 BR$900▲ 1.1%

2 BR$1,040▲ 1.0%

3 BR$1,390▲ 0.7%

4 BR$1,640■ 0.0%

FY2027 FY2026

Where 72206 sits in the Little Rock-North Little Rock-Conway, AR area

Of the 92 ZIP codes HUD lists for the area, 72206 has the 67th 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 $1,040 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	$890	$801 – $979	$964	$880
1 bedroom	$900	$810 – $990	$969	$890
2 bedrooms	$1,040	$936 – $1,144	$1,121	$1,030
3 bedrooms	$1,390	$1,251 – $1,529	$1,504	$1,380
4 bedrooms	$1,640	$1,476 – $1,804	$1,810	$1,640

A household renting a two-bedroom home at the Small Area FMR of $1,040 needs about $41,600 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 72206 lies mainly in Pulaski County and Saline 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
72183	Wrightsville	3.2 mi	$1,040
72053	College Station	5.3 mi	$1,040
72202	Little Rock	6.7 mi	$1,180
72209	Little Rock	6.9 mi	$1,050
72180	Woodson	7.0 mi	$1,100
72065	Hensley	7.4 mi	$1,100

Questions

What is the Fair Market Rent for ZIP code 72206?

HUD's FY2027 Small Area Fair Market Rents for 72206 are $890 (studio), $900 (1 BR), $1,040 (2 BR), $1,390 (3 BR) and $1,640 (4 BR) a month.

What is the Section 8 payment standard in 72206?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 72206 that range is $936 to $1,144 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 72206?

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.