FY2026 Fair Market Rents — Boone County
Studio
$607
1BR
$671
2BR
$880
3BR
$1,224
4BR
$1,343
Boone County, Arkansas
FIPS 05009 · County-level FMR and income limit data
FMR Area: Boone County, AR
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 |
To afford the FY2026 2-bedroom FMR of $880/mo under the 30%-of-income rule, a household needs about
$35,200/yr ($2,933/mo). Area Median Income is $73,600.
At AR's state minimum wage of $11.00/hr, a worker would need to work 62 hours/week to afford that rent.
Recent FMR Trend
| 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 |
FY2026 Income Limits
Area Median Income: $73,600
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $15,960 | $21,640 | $27,320 | $33,000 | $38,680 | $42,700 |
| 50% AMI | $25,800 | $29,450 | $33,150 | $36,800 | $39,750 | $42,700 |
| 80% AMI | $41,250 | $47,150 | $53,050 | $58,900 | $63,650 | $68,350 |