FY2027 Small Area FMR · Parks, AR

ZIP 72950 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 72950 (Parks, AR) is $1,020 a month, up 6.2% from FY2026. That is 12% above the Scott County, AR area-wide FMR of $909.

2-bedroom SAFMR$1,020per month ▲ 6.2%

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

Rank in the area2ndof 9 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$918

2 BR Small Area FMR$1,020

110% of SAFMR$1,122

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

Studio$730▲ 5.8%

1 BR$780▲ 5.4%

2 BR$1,020▲ 6.2%

3 BR$1,270■ 0.0%

4 BR$1,430▲ 5.1%

FY2027 FY2026

Where 72950 sits in the Scott County, AR area

Of the 9 ZIP codes HUD lists for the area, 72950 has the 2nd highest two-bedroom Small Area FMR. Scott 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 $1,020 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	$646	$690
1 bedroom	$780	$702 – $858	$695	$740
2 bedrooms	$1,020	$918 – $1,122	$909	$960
3 bedrooms	$1,270	$1,143 – $1,397	$1,133	$1,270
4 bedrooms	$1,430	$1,287 – $1,573	$1,274	$1,360

A household renting a two-bedroom home at the Small Area FMR of $1,020 needs about $40,800 a year to keep housing costs at 30% of income. The area median family income is $61,600 and the 80% low-income limit for four people is $56,900. ZIP code 72950 lies mainly in Scott County. See the Scott County, AR county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
72841	Harvey	6.5 mi	$910
72926	Boles	8.6 mi	$1,100
71965	Pencil Bluff	10.8 mi	$910
71961	Oden	12.5 mi	$910
72838	Gravelly	15.1 mi	$910
72827	Bluffton	16.3 mi	$910

Questions

What is the Fair Market Rent for ZIP code 72950?

HUD's FY2027 Small Area Fair Market Rents for 72950 are $730 (studio), $780 (1 BR), $1,020 (2 BR), $1,270 (3 BR) and $1,430 (4 BR) a month.

What is the Section 8 payment standard in 72950?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 72950 that range is $918 to $1,122 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 72950?

The FY2026 income limits of the Scott County, AR area apply: median family income $61,600, low-income (80%) limit $56,900 for a family of four.