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RentData.org Logo Boone County Fair Market Rent FY 2015 Boone County, AR Rental Data

Fair Market Rent Prices in Boone County, AR :
$438 $441 $597 $834 $1,002
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Boone County are very low compared to the national average. This FMR area is less expensive than 71% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Boone County is $597 per month.

The previous year, rent for a two-bedroom home was $561 per month. This is a 6.42% increase year-over-year.

This FMR rate applies to Bergman, AR, Valley Springs, AR, Western Grove, AR, Everton, AR, Alpena, AR, Lead Hill, AR, Omaha, AR, Yellville, AR, Harrison, AR and other cities within the region. The Metro Code or CBSA code for this region is NCNTY05009N05009.

Additionally, This Fair Market Rent (FMR) area Boone County, AR spans one county or city in Arkansas which is listed in the table below. Estimated population of Boone County, AR FMR area is 36,903 people based on latest Census data.

Compared to the rest of Arkansas, the Boone County FMR area is more expensive than 66% of the state.

Arkansas Rents Map

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Boone County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Boone County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 465
1-BR 1-Bedroom $ 469
2-BR 2-Bedroom $ 634
3-BR 3-Bedroom $ 885
4-BR 4-Bedroom $ 1064
Change Year:

There is just one county (listed below) within the Boone County, AR FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Springfield, Mo.

County / Region Est. Population
Boone County, AR 36,903
Zip Codes in Boone County, AR

There are 10 unique zip codes in this Fair Market Rent (FMR) area:

72601, 72602, 72611, 72615, 72633, 72644, 72662, 72682, 72685 and 72687

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