ZIP 72057 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 72057 in the Grant County, AR FMR area.

Grant County, AR

$780Efficiency
$7901 bedroom
$9302 bedrooms
$1,2203 bedrooms
$1,3904 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$780$702$858$802
1 bedroom$790$711$869$805
2 bedrooms$930$837$1,023$909
3 bedrooms$1,220$1,098$1,342$1,196
4 bedrooms$1,390$1,251$1,529$1,468

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Cleveland County, AR

$780Efficiency
$7901 bedroom
$9302 bedrooms
$1,2203 bedrooms
$1,3904 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$780$702$858$646
1 bedroom$790$711$869$695
2 bedrooms$930$837$1,023$909
3 bedrooms$1,220$1,098$1,342$1,170
4 bedrooms$1,390$1,251$1,529$1,274

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 72057

$61,661average adjusted gross income per tax return (2022)
$46,637average salaries and wages per return
380tax returns filed
18%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00028.9%
$25,000 to $50,00023.7%
$50,000 to $75,00015.8%
$75,000 to $100,00013.2%
$100,000 to $200,00018.4%
$200,000 or more0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 15.8% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 72057?

HUD's FY2027 Small Area FMRs for ZIP 72057 (Grant County, AR) are $780 efficiency, $790 one bedroom, $930 two bedrooms, $1,220 three and $1,390 four bedrooms.

What payment standard can a housing authority set in ZIP 72057?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $837 to $1,023.

How affordable is rent in ZIP 72057?

Tax returns filed from ZIP 72057 reported an average adjusted gross income of $61,661 (2022). A two-bedroom unit at the Small Area FMR costs $11,160 a year, or 18% of that income.