FY2027 Small Area FMR · Poplar Grove, AR
ZIP 72374 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 72374 (Poplar Grove, AR) is $980 a month, up 7.7% from FY2026. That is 8% above the Lee County, AR area-wide FMR of $909.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 72374 sits in the Lee County, AR area
Of the 12 ZIP codes HUD lists for the area, 72374 has the 5th highest two-bedroom Small Area FMR. Lee 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 $980 for this ZIP code instead.
ZIP code 72374 crosses more than one HUD area. HUD also lists it under Phillips County, AR (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $700 | $630 – $770 | $646 | $650 |
| 1 bedroom | $750 | $675 – $825 | $695 | $700 |
| 2 bedrooms | $980 | $882 – $1,078 | $909 | $910 |
| 3 bedrooms | $1,360 | $1,224 – $1,496 | $1,259 | $1,270 |
| 4 bedrooms | $1,500 | $1,350 – $1,650 | $1,519 | $1,440 |
A household renting a two-bedroom home at the Small Area FMR of $980 needs about $39,200 a year to keep housing costs at 30% of income. The area median family income is $46,900 and the 80% low-income limit for four people is $56,900. ZIP code 72374 lies mainly in Phillips County and Lee County. See the Lee County, AR county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 72374?
HUD's FY2027 Small Area Fair Market Rents for 72374 are $700 (studio), $750 (1 BR), $980 (2 BR), $1,360 (3 BR) and $1,500 (4 BR) a month.
What is the Section 8 payment standard in 72374?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 72374 that range is $882 to $1,078 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 72374?
The FY2026 income limits of the Lee County, AR area apply: median family income $46,900, low-income (80%) limit $56,900 for a family of four.