FY2026 Fair Market Rents — Independence County
Studio
$684
1BR
$688
2BR
$891
3BR
$1,175
4BR
$1,180
Independence County, Arkansas
FIPS 05063 · County-level FMR and income limit data
FMR Area: Independence County, AR
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $684 | $8,208 |
| 1-Bedroom | $688 | $8,256 |
| 2-Bedroom | $891 | $10,692 |
| 3-Bedroom | $1,175 | $14,100 |
| 4-Bedroom | $1,180 | $14,160 |
To afford the FY2026 2-bedroom FMR of $891/mo under the 30%-of-income rule, a household needs about
$35,640/yr ($2,970/mo). Area Median Income is $70,700.
At AR's state minimum wage of $11.00/hr, a worker would need to work 63 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $684 | $688 | $891 | $1,175 | $1,180 |
| FY2025 | $653 | $657 | $862 | $1,139 | $1,143 |
| FY2024 | $618 | $623 | $818 | $1,087 | $1,089 |
| FY2023 | $544 | $552 | $726 | $950 | $975 |
| FY2022 | $481 | $493 | $649 | $823 | $880 |
| FY2021 | $486 | $504 | $664 | $826 | $900 |
| FY2020 | $485 | $501 | $660 | $822 | $894 |
FY2026 Income Limits
Area Median Income: $70,700
| 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 |