Logo Independence County Fair Market Rent FY 2020 Independence County, AR Rental Data

Fair Market Rent Prices in Independence County, AR :
$485 $501 $660 $822 $894
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 Independence 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 Independence County is $660 per month.

The previous year, rent for a two-bedroom home was $650 per month. This is a 1.54% increase year-over-year.

This FMR rate applies to Cord, AR, Rosie, AR, Cushman, AR, Saffell, AR, Thida, AR, Salado, AR, Magness, AR, Oil Trough, AR, Charlotte, AR, Desha, AR and other cities within the region. The Metro Code or CBSA code for this region is NCNTY05063N05063.

Additionally, This Fair Market Rent (FMR) area Independence County, AR spans one county or city in Arkansas which is listed in the table below. Estimated population of Independence County, AR FMR area is 0 people based on 2000 Census data.

Compared to the rest of Arkansas, the Independence County FMR area is less expensive than 65% 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 Independence County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Independence 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 $ 510
1-BR 1-Bedroom $ 527
2-BR 2-Bedroom $ 694
3-BR 3-Bedroom $ 865
4-BR 4-Bedroom $ 940
Change Year:

There is just one county (listed below) within the Independence County, AR FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Little Rock - Pine Bluff and Jonesboro.

County / Region Est. Population
Independence County, AR 0
Zip Codes in Independence County, AR

There are 18 unique zip codes in this Fair Market Rent (FMR) area:

72020, 72081, 72112, 72165, 72501, 72521, 72522, 72524, 72526, 72527, 72553, 72562, 72564, 72568, 72571, 72572, 72575 and 72579

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