FY2026 Fair Market Rents — Faulkner County
Studio
$984
1BR
$989
2BR
$1,147
3BR
$1,540
4BR
$1,822
Faulkner County, Arkansas
FIPS 05045 · County-level FMR and income limit data
FMR Area: Little Rock-North Little Rock-Conway, AR HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $984 | $11,808 |
| 1-Bedroom | $989 | $11,868 |
| 2-Bedroom | $1,147 | $13,764 |
| 3-Bedroom | $1,540 | $18,480 |
| 4-Bedroom | $1,822 | $21,864 |
To afford the FY2026 2-bedroom FMR of $1,147/mo under the 30%-of-income rule, a household needs about
$45,880/yr ($3,823/mo). Area Median Income is $93,700.
At AR's state minimum wage of $11.00/hr, a worker would need to work 81 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $984 | $989 | $1,147 | $1,540 | $1,822 |
| FY2025 | $887 | $892 | $1,032 | $1,376 | $1,628 |
| FY2024 | $944 | $950 | $1,089 | $1,454 | $1,717 |
| FY2023 | $791 | $805 | $920 | $1,227 | $1,468 |
| FY2022 | $706 | $728 | $833 | $1,118 | $1,330 |
| FY2021 | $702 | $735 | $849 | $1,140 | $1,339 |
| FY2020 | $640 | $688 | $804 | $1,082 | $1,267 |
FY2026 Income Limits
Area Median Income: $93,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,700 | $22,500 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $32,800 | $37,500 | $42,200 | $46,850 | $50,600 | $54,350 |
| 80% AMI | $52,500 | $60,000 | $67,500 | $74,950 | $80,950 | $86,950 |