FY2026 Fair Market Rents — Chicot County
Studio
$630
1BR
$671
2BR
$880
3BR
$1,150
4BR
$1,282
Chicot County, Arkansas
FIPS 05017 · County-level FMR and income limit data
FMR Area: Chicot County, AR
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $630 | $7,560 |
| 1-Bedroom | $671 | $8,052 |
| 2-Bedroom | $880 | $10,560 |
| 3-Bedroom | $1,150 | $13,800 |
| 4-Bedroom | $1,282 | $15,384 |
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 $55,000.
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 | $630 | $671 | $880 | $1,150 | $1,282 |
| FY2025 | $618 | $701 | $848 | $1,188 | $1,424 |
| FY2024 | $604 | $620 | $814 | $1,089 | $1,376 |
| FY2023 | $543 | $547 | $720 | $976 | $1,226 |
| FY2022 | $522 | $525 | $649 | $907 | $1,066 |
| FY2021 | $479 | $574 | $654 | $900 | $1,060 |
| FY2020 | $459 | $553 | $630 | $849 | $960 |
FY2026 Income Limits
Area Median Income: $55,000
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $15,960 | $21,640 | $27,320 | $33,000 | $38,400 | $41,250 |
| 50% AMI | $24,900 | $28,450 | $32,000 | $35,550 | $38,400 | $41,250 |
| 80% AMI | $39,850 | $45,550 | $51,250 | $56,900 | $61,500 | $66,050 |