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FY2017 Hypothetical Small Area FMRs For Washington County, AR

In metropolitan areas, HUD defines Small Areas using ZIP Codes within the metropolitan area. Using ZIP codes as the basis for FMRs provides tenants with greater ability to move into ?Opportunity Neighborhoods? with jobs, public transportation, and good schools. They also provide for multiple payment standards within a metropolitan area, and they are likely to reduce need for extensive market area rent reasonableness studies. Lastly, HUD hopes that setting FMRs for each ZIP code will reduce overpayment in lower-rent areas.

Washington County is part of the Fayetteville-Springdale-Rogers, AR-MO MSA.

Washington County, AR Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
72701 $520 $550 $710 $1,020 $1,250 0.949
72702 $530 $560 $720 $1,030 $1,270 0.966
72703 $500 $530 $680 $980 $1,200 0.910
72704 $620 $660 $850 $1,220 $1,500 1.147
72717 $530 $560 $720 $1,030 $1,270 0.966
72727 $540 $570 $740 $1,060 $1,300 0.998
72729 $530 $560 $720 $1,030 $1,270 0.966
72730 $620 $660 $850 $1,220 $1,500 1.145
72738 $480 $510 $660 $950 $1,160 0.882
72741 $530 $560 $720 $1,030 $1,270 0.966
72744 $480 $510 $660 $950 $1,160 0.879
72749 $530 $560 $720 $1,030 $1,270 0.966
72753 $530 $560 $720 $1,030 $1,270 0.966
72761 $520 $550 $710 $1,020 $1,250 0.951
72762 $570 $600 $780 $1,120 $1,370 1.050
72764 $500 $530 $690 $990 $1,220 0.925
72765 $530 $560 $720 $1,030 $1,270 0.966
72766 $530 $560 $720 $1,030 $1,270 0.966
72769 $530 $560 $720 $1,030 $1,270 0.966
72770 $530 $560 $720 $1,030 $1,270 0.966
72773 $500 $530 $690 $990 $1,220 0.922
72774 $480 $510 $660 $950 $1,160 0.890
72948 $530 $560 $720 $1,030 $1,270 0.966
72959 $540 $570 $740 $1,060 $1,290 1.005

* Small Area FMRs presented with an asterisk are calculated in accordance with the Guidance For Preparing Comments on Small Area FMRs available at here.

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