HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Izard County, Arkansas (FY 2027)
A two-bedroom in Izard County carries a FY 2027 Fair Market Rent of $909 a month, effective October 1, 2026 through September 30, 2027. Everything Section 8 pays in Izard keys off that figure.
Two-bedroom FMR
$909
+3.3% from FY 2026
Payment standard
$818–$1,000
90% to 110% of the FMR, two-bedroom
Income to afford
$36,360
a year, with rent at 30% of income
Rank in Arkansas
49th of 75
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $646 | $581–$711 | $25,840 | $12.42/hr | +2.5% |
| 1 bedroom | $725 | $653–$798 | $29,000 | $13.94/hr | +1.4% |
| 2 bedroom | $909 | $818–$1,000 | $36,360 | $17.48/hr | +3.3% |
| 3 bedroom | $1,259 | $1,133–$1,385 | $50,360 | $24.21/hr | +4.7% |
| 4 bedroom | $1,519 | $1,367–$1,671 | $60,760 | $29.21/hr | +2.9% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,747 | $1,572–$1,922 |
| 6 bedroom Estimate | $1,975 | $1,778–$2,173 |
| 7 bedroom Estimate | $2,203 | $1,983–$2,423 |
| 8 bedroom Estimate | $2,430 | $2,187–$2,673 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Izard actually rent for?
Search any address in Izard for a rent estimate built from nearby comps, with the HUD figure right next to it.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Izard somewhere between $818 and $1,000. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$909 a month is affordable, by HUD's 30% rule, on an income of roughly $36,360 a year. Put another way, $17 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$818 | Voucher pays at 100%$909 | Voucher pays at 110%$1,000 |
|---|---|---|---|---|
| $2,500 | $750 | $68 | $159 | $250 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 3% from FY 2026 ($880) to FY 2027 ($909). Since FY 2020 it's up 44% in total, about 5.4% a year. The Arkansas median moved up 3% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $433 | $478 | $630 | $811 | $853 | — |
| FY 2021 | $431 | $496 | $654 | $830 | $887 | +3.8% |
| FY 2022 | $481 | $493 | $649 | $837 | $880 | -0.8% |
| FY 2023 | $539 | $585 | $720 | $929 | $1,024 | +10.9% |
| FY 2024 | $604 | $683 | $814 | $1,075 | $1,148 | +13.1% |
| FY 2025 | $618 | $713 | $848 | $1,138 | $1,424 | +4.2% |
| FY 2026 | $630 | $715 | $880 | $1,202 | $1,476 | +3.8% |
| FY 2027In effect | $646 | $725 | $909 | $1,259 | $1,519 | +3.3% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Izard, that runs from $646 for a studio up to $1,519 for four bedrooms, all five rates in the table above.
Because Izard sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Horseshoe Bend included.
Among Arkansas's 75 counties, Izard ranks 49th for two-bedroom FMR. That's within a couple percent of the state median of $909 and about 14% below the national median county at $1,063. About 14,009 people live here, 52nd in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $910 in 72517 (Brockwell) and $990 in 72512 (Horseshoe Bend), with the 14 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 72512 | Horseshoe Bend | $990 | +8.9% |
| 72517 | Brockwell | $910 | +0.1% |
| 72519 | Calico Rock | $910 | +0.1% |
| 72528 | Dolph | $910 | +0.1% |
| 72536 | Franklin | $960 | +5.6% |
| 72540 | Guion | $910 | +0.1% |
| 72556 | Melbourne | $910 | +0.1% |
| 72561 | Mount Pleasant | $910 | +0.1% |
| 72565 | Oxford | $910 | +0.1% |
| 72566 | Pineville | $910 | +0.1% |
| 72573 | Sage | $910 | +0.1% |
| 72584 | Violet Hill | $910 | +0.1% |
| 72585 | Wideman | $910 | +0.1% |
| 72587 | Wiseman | $940 | +3.4% |
Nearby counties
Two-bedroom FMR, with how each compares to Izard.
Fulton County
17 mi · 12,302 people
$909
same rate
Sharp County
22 mi · 17,773 people
$909
same rate
Stone County
22 mi · 12,568 people
$916
+1%
Baxter County
28 mi · 42,407 people
$995
+9%
Independence County
35 mi · 38,175 people
$934
+3%
Cleburne County
39 mi · 25,226 people
$997
+10%
Marion County
44 mi · 17,228 people
$915
+1%
Lawrence County
45 mi · 16,238 people
$909
same rate
Questions people ask
$909 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $646 for a studio, $725 for one bedroom, $1,259 for three and $1,519 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Izard actually go for?
HUD's number is one input. Search any address in Izard for a rent estimate built from nearby comps. Free to start, no card.
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