FY2027 Small Area FMR · Fort Smith, AR

ZIP 72901 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 72901 (Fort Smith, AR) is $960 a month, up 2.1% from FY2026. That is 2% below the Fort Smith, AR-OK area-wide FMR of $979.

2-bedroom SAFMR$960per month ▲ 2.1%

Area-wide 2 BR FMR$979Fort Smith, AR-OK

Rank in the area29thof 44 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$864

2 BR Small Area FMR$960

110% of SAFMR$1,056

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

Studio$730▲ 7.4%

1 BR$730▲ 2.8%

2 BR$960▲ 2.1%

3 BR$1,300▲ 2.4%

4 BR$1,590▲ 3.9%

FY2027 FY2026

Where 72901 sits in the Fort Smith, AR-OK area

Of the 44 ZIP codes HUD lists for the area, 72901 has the 29th highest two-bedroom Small Area FMR. Fort Smith, AR-OK 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 $979 for two bedrooms; an agency that opts in to Small Area FMRs would use $960 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	$730	$657 – $803	$741	$680
1 bedroom	$730	$657 – $803	$748	$710
2 bedrooms	$960	$864 – $1,056	$979	$940
3 bedrooms	$1,300	$1,170 – $1,430	$1,324	$1,270
4 bedrooms	$1,590	$1,431 – $1,749	$1,625	$1,530

A household renting a two-bedroom home at the Small Area FMR of $960 needs about $38,400 a year to keep housing costs at 30% of income. The area median family income is $76,800 and the 80% low-income limit for four people is $61,450. ZIP code 72901 lies mainly in Sebastian County. See the Fort Smith, AR-OK metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
74901	Arkoma	1.4 mi	$920
72905	Fort Smith	1.7 mi	$990
74946	Moffett	2.8 mi	$960
72903	Fort Smith	3.3 mi	$1,020
72904	Fort Smith	3.8 mi	$970
72908	Fort Smith	4.0 mi	$1,020

Questions

What is the Fair Market Rent for ZIP code 72901?

HUD's FY2027 Small Area Fair Market Rents for 72901 are $730 (studio), $730 (1 BR), $960 (2 BR), $1,300 (3 BR) and $1,590 (4 BR) a month.

What is the Section 8 payment standard in 72901?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 72901 that range is $864 to $1,056 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 72901?

The FY2026 income limits of the Fort Smith, AR-OK area apply: median family income $76,800, low-income (80%) limit $61,450 for a family of four.