Logo Monroe County Fair Market Rent FY 2022 Monroe County, AR Rental Data

Fair Market Rent Prices in Monroe County, AR :
$432 $493 $649 $881 $884
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 Monroe County are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Monroe County is $649 per month.

The previous year, rent for a two-bedroom home was $654 per month. This is a 0.76% decrease year-over-year.

This FMR rate applies to Monroe, AR, Wheatley, AR, Cotton Plant, AR, Holly Grove, AR, Clarendon, AR, Brinkley, AR and other cities within the region. The Metro Code or CBSA code for this region is NCNTY05095N05095.

Additionally, This Fair Market Rent (FMR) area Monroe County, AR spans one county or city in Arkansas which is listed in the table below. Estimated population of Monroe County, AR FMR area is 7,420 people based on latest Census data.

Compared to the rest of Arkansas, the Monroe County FMR area is less expensive than 96% of the state.

Arkansas Rents Map

Click on the map to view more another region.

See Nationwide Map

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 Monroe County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Monroe 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 $ 432
1-BR 1-Bedroom $ 493
2-BR 2-Bedroom $ 649
3-BR 3-Bedroom $ 881
4-BR 4-Bedroom $ 884
Change Year:

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

County / Region Est. Population
Monroe County, AR 7,420
Zip Codes in Monroe County, AR

There are 6 unique zip codes in this Fair Market Rent (FMR) area:

72021, 72029, 72036, 72069, 72108 and 72392

Lookup Fair Market Rent by Zip Code