FY2027 Small Area FMR · Gassville, AR
ZIP 72635 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 72635 (Gassville, AR) is $990 a month, up 2.1% from FY2026. That is 1% below the Baxter County, AR area-wide FMR of $995.
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 72635 sits in the Baxter County, AR area
Of the 15 ZIP codes HUD lists for the area, 72635 has the 8th highest two-bedroom Small Area FMR. Baxter 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 $995 for two bedrooms; an agency that opts in to Small Area FMRs would use $990 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $750 | $675 – $825 | $756 | $730 |
| 1 bedroom | $760 | $684 – $836 | $761 | $740 |
| 2 bedrooms | $990 | $891 – $1,089 | $995 | $970 |
| 3 bedrooms | $1,300 | $1,170 – $1,430 | $1,303 | $1,280 |
| 4 bedrooms | $1,300 | $1,170 – $1,430 | $1,308 | $1,280 |
A household renting a two-bedroom home at the Small Area FMR of $990 needs about $39,600 a year to keep housing costs at 30% of income. The area median family income is $69,000 and the 80% low-income limit for four people is $56,900. ZIP code 72635 lies mainly in Baxter County. See the Baxter 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 72635?
HUD's FY2027 Small Area Fair Market Rents for 72635 are $750 (studio), $760 (1 BR), $990 (2 BR), $1,300 (3 BR) and $1,300 (4 BR) a month.
What is the Section 8 payment standard in 72635?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 72635 that range is $891 to $1,089 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 72635?
The FY2026 income limits of the Baxter County, AR area apply: median family income $69,000, low-income (80%) limit $56,900 for a family of four.