FY2026 Fair Market Rents — Franklin County
Studio
$666
1BR
$671
2BR
$880
3BR
$1,094
4BR
$1,476
Franklin County, Arkansas
FIPS 05047 · County-level FMR and income limit data
FMR Area: Franklin County, AR
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $666 | $7,992 |
| 1-Bedroom | $671 | $8,052 |
| 2-Bedroom | $880 | $10,560 |
| 3-Bedroom | $1,094 | $13,128 |
| 4-Bedroom | $1,476 | $17,712 |
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 $75,300.
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 | $666 | $671 | $880 | $1,094 | $1,476 |
| FY2025 | $642 | $646 | $848 | $1,060 | $1,424 |
| FY2024 | $638 | $642 | $814 | $1,007 | $1,381 |
| FY2023 | $581 | $588 | $720 | $887 | $1,226 |
| FY2022 | $505 | $547 | $649 | $806 | $1,015 |
| FY2021 | $481 | $576 | $657 | $821 | $947 |
| FY2020 | $459 | $553 | $630 | $786 | $908 |
FY2026 Income Limits
Area Median Income: $75,300
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $15,960 | $21,640 | $27,320 | $33,000 | $38,680 | $43,700 |
| 50% AMI | $26,400 | $30,100 | $33,900 | $37,650 | $40,700 | $43,700 |
| 80% AMI | $42,200 | $48,200 | $54,250 | $60,250 | $65,100 | $69,900 |