FY2027 Small Area FMR · Turner, AR

ZIP 72383 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 72383 (Turner, AR) is $1,010 a month, up 5.2% from FY2026. That is 11% above the Phillips County, AR area-wide FMR of $909.

2-bedroom SAFMR$1,010per month ▲ 5.2%

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

Rank in the area3rdof 15 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909

2 BR Small Area FMR$1,010

110% of SAFMR$1,111

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

Studio$720▲ 2.9%

1 BR$770▲ 5.5%

2 BR$1,010▲ 5.2%

3 BR$1,300▲ 4.8%

4 BR$1,470▲ 2.1%

FY2027 FY2026

Where 72383 sits in the Phillips County, AR area

Of the 15 ZIP codes HUD lists for the area, 72383 has the 3rd highest two-bedroom Small Area FMR. Phillips 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 $1,010 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	$720	$648 – $792	$646	$700
1 bedroom	$770	$693 – $847	$695	$730
2 bedrooms	$1,010	$909 – $1,111	$909	$960
3 bedrooms	$1,300	$1,170 – $1,430	$1,259	$1,240
4 bedrooms	$1,470	$1,323 – $1,617	$1,367	$1,440

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 a year to keep housing costs at 30% of income. The area median family income is $55,800 and the 80% low-income limit for four people is $56,900. ZIP code 72383 lies mainly in Phillips County. See the Phillips County, AR county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
72366	Marvell	4.9 mi	$910
72069	Holly Grove	6.3 mi	$1,140
72389	Wabash	11.0 mi	$950
72140	Saint Charles	11.5 mi	$930
72038	Crocketts Bluff	11.7 mi	$1,050
72374	Poplar Grove	12.8 mi	$980

Questions

What is the Fair Market Rent for ZIP code 72383?

HUD's FY2027 Small Area Fair Market Rents for 72383 are $720 (studio), $770 (1 BR), $1,010 (2 BR), $1,300 (3 BR) and $1,470 (4 BR) a month.

What is the Section 8 payment standard in 72383?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 72383 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 72383?

The FY2026 income limits of the Phillips County, AR area apply: median family income $55,800, low-income (80%) limit $56,900 for a family of four.