FY2026 Fair Market Rents — Hot Springs, AR MSA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$829
1BR
$834
2BR
$1,090
3BR
$1,393
4BR
$1,670
Hours/week at min wage
77 hrs
to afford the 2BR FMR @ $11.00/hr (AR)
YoY change (2BR)
+5.1%
+$53 vs FY2025 · 5-yr +36.4%
Voucher payment standard
$981–$1,199
PHAs set HCV payment at 90–110% of the 2BR FMR
Hot Springs, AR MSA
Non-Metropolitan area · AR · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $829 | $9,948 |
| 1-Bedroom | $834 | $10,008 |
| 2-Bedroom | $1,090 | $13,080 |
| 3-Bedroom | $1,393 | $16,716 |
| 4-Bedroom | $1,670 | $20,040 |
Recent 2-Bedroom FMR Trend
FY2020 $772 → FY2026 $1,090
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $829 | $834 | $1,090 | $1,393 | $1,670 |
| FY2025 | $799 | $805 | $1,037 | $1,311 | $1,627 |
| FY2024 | $767 | $775 | $1,007 | $1,249 | $1,616 |
| FY2023 | $646 | $673 | $879 | $1,088 | $1,424 |
| FY2022 | $589 | $613 | $807 | $1,006 | $1,352 |
| FY2021 | $569 | $606 | $799 | $1,005 | $1,302 |
| FY2020 | $554 | $586 | $772 | $971 | $1,202 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $81,600
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $16,900 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $28,150 | $32,150 | $36,150 | $40,200 | $43,450 | $46,600 |
| 80% AMI (Low) | $45,000 | $51,450 | $57,900 | $64,300 | $69,450 | $74,600 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$13,080/yr
FMR as % of Area Median Income
16% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$43,600/yr
$3,633/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 | $714 | $816 | $918 | $1,101 | $1,183 |
| 60% AMI Maximum | $856 | $979 | $1,101 | $1,321 | $1,419 |
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 | $829 | $834 | $1,090 | $1,326 | $1,326 |
| Low HOME Rent | $703 | $803 | $903 | $1,005 | $1,086 |
Compare Hot Springs, AR MSA 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