FY2026 Fair Market Rents — Craighead County
Studio
$805
1BR
$870
2BR
$1,040
3BR
$1,402
4BR
$1,480
Craighead County, Arkansas
FIPS 05031 · County-level FMR and income limit data
FMR Area: Jonesboro, AR HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $805 | $9,660 |
| 1-Bedroom | $870 | $10,440 |
| 2-Bedroom | $1,040 | $12,480 |
| 3-Bedroom | $1,402 | $16,824 |
| 4-Bedroom | $1,480 | $17,760 |
To afford the FY2026 2-bedroom FMR of $1,040/mo under the 30%-of-income rule, a household needs about
$41,600/yr ($3,467/mo). Area Median Income is $75,600.
At AR's state minimum wage of $11.00/hr, a worker would need to work 73 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $805 | $870 | $1,040 | $1,402 | $1,480 |
| FY2025 | $697 | $812 | $973 | $1,304 | $1,526 |
| FY2024 | $634 | $767 | $936 | $1,226 | $1,560 |
| FY2023 | $562 | $665 | $840 | $1,088 | $1,431 |
| FY2022 | $553 | $648 | $832 | $1,078 | $1,390 |
| FY2021 | $535 | $631 | $811 | $1,077 | $1,323 |
| FY2020 | $517 | $628 | $793 | $1,088 | $1,249 |
FY2026 Income Limits
Area Median Income: $75,600
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $15,960 | $21,640 | $27,320 | $33,000 | $38,680 | $43,850 |
| 50% AMI | $26,500 | $30,250 | $34,050 | $37,800 | $40,850 | $43,850 |
| 80% AMI | $42,350 | $48,400 | $54,450 | $60,500 | $65,350 | $70,200 |