ZIP 72150 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 72150 in the Grant County, AR FMR area.

Grant County, AR

$800Efficiency

$8101 bedroom

$9102 bedrooms

$1,2003 bedrooms

$1,4704 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$800	$720	$880	$802
1 bedroom	$810	$729	$891	$805
2 bedrooms	$910	$819	$1,001	$909
3 bedrooms	$1,200	$1,080	$1,320	$1,196
4 bedrooms	$1,470	$1,323	$1,617	$1,468

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

Jefferson County, AR

$800Efficiency

$8101 bedroom

$9102 bedrooms

$1,2003 bedrooms

$1,4704 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$800	$720	$880	$782
1 bedroom	$810	$729	$891	$787
2 bedrooms	$910	$819	$1,001	$955
3 bedrooms	$1,200	$1,080	$1,320	$1,239
4 bedrooms	$1,470	$1,323	$1,617	$1,266

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

Income in ZIP 72150

$70,895average adjusted gross income per tax return (2022)

$52,950average salaries and wages per return

5,360tax returns filed

15%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	25.9%
$25,000 to $50,000	23.7%
$50,000 to $75,000	15.9%
$75,000 to $100,000	11.0%
$100,000 to $200,000	19.8%
$200,000 or more	3.7%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 15.5% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 72150?

HUD's FY2027 Small Area FMRs for ZIP 72150 (Grant County, AR) are $800 efficiency, $810 one bedroom, $910 two bedrooms, $1,200 three and $1,470 four bedrooms.

What payment standard can a housing authority set in ZIP 72150?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $819 to $1,001.

How affordable is rent in ZIP 72150?

Tax returns filed from ZIP 72150 reported an average adjusted gross income of $70,895 (2022). A two-bedroom unit at the Small Area FMR costs $10,920 a year, or 15% of that income.