HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Perry County, Arkansas (FY 2027)
$1,121 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Perry County, and it's the baseline every voucher in Perry is measured against.
Two-bedroom FMR
$1,121
-2.3% from FY 2026
Payment standard
$1,009–$1,233
90% to 110% of the FMR, two-bedroom
Income to afford
$44,840
a year, with rent at 30% of income
Rank in Arkansas
7th 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 | $964 | $868–$1,060 | $38,560 | $18.54/hr | -2.0% |
| 1 bedroom | $969 | $872–$1,066 | $38,760 | $18.63/hr | -2.0% |
| 2 bedroom | $1,121 | $1,009–$1,233 | $44,840 | $21.56/hr | -2.3% |
| 3 bedroom | $1,504 | $1,354–$1,654 | $60,160 | $28.92/hr | -2.3% |
| 4 bedroom | $1,810 | $1,629–$1,991 | $72,400 | $34.81/hr | -0.7% |
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 | $2,082 | $1,874–$2,290 |
| 6 bedroom Estimate | $2,353 | $2,118–$2,588 |
| 7 bedroom Estimate | $2,625 | $2,363–$2,888 |
| 8 bedroom Estimate | $2,896 | $2,606–$3,186 |
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 Perry actually rent for?
Search any address in Perry 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 Perry somewhere between $1,009 and $1,233. 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.
$1,121 a month is affordable, by HUD's 30% rule, on an income of roughly $44,840 a year. Put another way, $22 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%$1,009 | Voucher pays at 100%$1,121 | Voucher pays at 110%$1,233 |
|---|---|---|---|---|
| $2,500 | $750 | $259 | $371 | $483 |
| $4,000 | $1,200 | $0 | $0 | $33 |
Rate history
The two-bedroom rate went down 2% from FY 2026 ($1,147) to FY 2027 ($1,121). Since FY 2020 it's up 39% in total, about 4.9% 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 | $640 | $688 | $804 | $1,082 | $1,267 | — |
| FY 2021 | $702 | $735 | $849 | $1,140 | $1,339 | +5.6% |
| FY 2022 | $706 | $728 | $833 | $1,118 | $1,330 | -1.9% |
| FY 2023 | $791 | $805 | $920 | $1,227 | $1,468 | +10.4% |
| FY 2024 | $944 | $950 | $1,089 | $1,454 | $1,717 | +18.4% |
| FY 2025 | $887 | $892 | $1,032 | $1,376 | $1,628 | -5.2% |
| FY 2026 | $984 | $989 | $1,147 | $1,540 | $1,822 | +11.1% |
| FY 2027In effect | $964 | $969 | $1,121 | $1,504 | $1,810 | -2.3% |
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 Perry, that runs from $964 for a studio up to $1,810 for four bedrooms, all five rates in the table above.
This is a metro rate. The county doesn't get one of its own. HUD lumps Perry in with 4 other counties in the Little Rock-North Little Rock-Conway metro, Pulaski County, Faulkner County, Saline County among them, and every one of them gets $1,121 for a two-bedroom. Where you are inside the metro doesn't change the county number. It does change the ZIP number, covered below.
Among Arkansas's 75 counties, Perry ranks 7th for two-bedroom FMR. That's about 23% above the state median of $909 and about 5% above the national median county at $1,063. About 10,101 people live here, 61st in the state.
Rates by ZIP code
HUD also publishes Small Area FMRs by ZIP code. For the 6 ZIP codes it covers in Perry, the two-bedroom rate is $1,040 across the board, so there's no ZIP-level story here.
Counties sharing the Little Rock-North Little Rock-Conway metro rate
HUD sets one rate for the whole metro, so every county here carries the same $1,121 two-bedroom figure as Perry.
Nearby counties
Two-bedroom FMR, with how each compares to Perry.
Conway County
21 mi · 21,054 people
$909
-19%
Faulkner County
29 mi · 127,717 people
$1,121
same rate
Pope County
31 mi · 64,131 people
$948
-15%
Saline County
33 mi · 127,479 people
$1,121
same rate
Yell County
33 mi · 20,134 people
$909
-19%
Garland County
34 mi · 100,035 people
$1,110
-1%
Pulaski County
34 mi · 399,818 people
$1,121
same rate
Van Buren County
45 mi · 15,998 people
$909
-19%
Questions people ask
$1,121 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $964 for a studio, $969 for one bedroom, $1,504 for three and $1,810 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 Perry actually go for?
HUD's number is one input. Search any address in Perry for a rent estimate built from nearby comps. Free to start, no card.
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