Logo Chicot County Fair Market Rent FY 2008 Chicot County, AR Rental Data

Fair Market Rent Prices in Chicot County, AR :
$382 $389 $514 $637 $675
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 Chicot County are very low compared to the national average. This FMR area is less expensive than 95% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Chicot County is $514 per month.

The previous year, rent for a two-bedroom home was $474 per month. This is a 8.44% increase year-over-year.

This FMR rate applies to and other cities within the region. The Metro Code or CBSA code for this region is NCNTY05017N05017.

Additionally, This Fair Market Rent (FMR) area Chicot County, AR spans one county or city in Arkansas which is listed in the table below. Estimated population of Chicot County, AR FMR area is 14,117 people based on 2000 Census data.

Compared to the rest of Arkansas, the Chicot County FMR area is less expensive than 99% 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 Chicot County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Chicot 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 $ 391
1-BR 1-Bedroom $ 399
2-BR 2-Bedroom $ 527
3-BR 3-Bedroom $ 657
4-BR 4-Bedroom $ 714
Change Year:

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

County / Region Est. Population
Chicot County, AR 14,117
Zip Codes in Chicot County, AR

There is 0 unique zip codes in this Fair Market Rent (FMR) area:

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