FY2026 Fair Market Rents — Boone County, AR
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$607
1BR
$671
2BR
$880
3BR
$1,224
4BR
$1,343
Hours/week at min wage
62 hrs
to afford the 2BR FMR @ $11.00/hr (AR)
YoY change (2BR)
+3.8%
+$32 vs FY2025 · 5-yr +34.6%
Voucher payment standard
$792–$968
PHAs set HCV payment at 90–110% of the 2BR FMR
Boone County, AR
Non-Metropolitan area · AR · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $607 | $7,284 |
| 1-Bedroom | $671 | $8,052 |
| 2-Bedroom | $880 | $10,560 |
| 3-Bedroom | $1,224 | $14,688 |
| 4-Bedroom | $1,343 | $16,116 |
Recent 2-Bedroom FMR Trend
FY2020 $630 → FY2026 $880
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $607 | $671 | $880 | $1,224 | $1,343 |
| FY2025 | $581 | $646 | $848 | $1,188 | $1,314 |
| FY2024 | $552 | $647 | $814 | $1,147 | $1,251 |
| FY2023 | $539 | $594 | $720 | $1,023 | $1,084 |
| FY2022 | $481 | $569 | $649 | $922 | $951 |
| FY2021 | $479 | $548 | $654 | $912 | $915 |
| FY2020 | $459 | $503 | $630 | $909 | $969 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $73,600
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $15,960 | $21,640 | $27,320 | $33,000 | $38,680 | $42,700 |
| 50% AMI (Very Low) | $25,800 | $29,450 | $33,150 | $36,800 | $39,750 | $42,700 |
| 80% AMI (Low) | $41,250 | $47,150 | $53,050 | $58,900 | $63,650 | $68,350 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$10,560/yr
FMR as % of Area Median Income
14.3% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$35,200/yr
$2,933/mo gross income
FY2026 LIHTC Maximum Rents
Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →
| AMI Band | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| 50% AMI Maximum | $644 | $736 | $828 | $993 | $1,067 |
| 60% AMI Maximum | $772 | $883 | $993 | $1,192 | $1,280 |
FY2026 HOME Program Rent Limits
Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →
| Limit Type | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| High HOME Rent | $607 | $671 | $880 | $1,196 | $1,196 |
| Low HOME Rent | $645 | $736 | $828 | $920 | $993 |
Compare Boone County, AR With Other AR Metros
vs. Fayetteville-Springdale-Rogers, AR HUD Metro FMR Area
vs. Fort Smith, AR-OK HUD Metro FMR Area
vs. Franklin County, AR HUD Metro FMR Area
vs. Grant County, AR HUD Metro FMR Area
vs. Hot Springs, AR MSA