Arkansas · HUD FY2026 Fair Market Rents · Updated

Rent in Monroe County, AR

HUD puts rent for a two-bedroom in Monroe County, AR at $880 a month for 2026, and a one-bedroom at $671. Keeping the two-bedroom under 30% of income takes $16.92 an hour full time, or $35,200 a year. The typical household there would spend 24.4% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $909 (up 3.3%).

Rent in Monroe County, AR at a glance

2-bedroom rent (HUD)

$880$10,560 a year · HUD fiscal year 2026From October 1, 2026: $909 (+3.3%)
Studio$660$13/hr needed
1 bedroom$671$13/hr needed
Wage a 2-bedroom takes$16.92an hour, 40 hours a week
3 bedrooms$1,055$20/hr needed

How much rent can you afford in Monroe County, AR?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$880Monthly market rent
Share of gross income24.4%Recommended max: 30%
Annual income needed$35,200To meet the 30% standard
Max affordable rent$1,080At 30% of $43,214
0%30% (Affordability standard)100%
Compare against:

Rent in Monroe County, AR by bedroom, and the pay it takes

Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.

HUD Fair Market Rent in Monroe County, AR, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$660$7,920$26,400$12.69/hr
1 bedroom$671$8,052$26,840$12.90/hr
2 bedroomsMost searched$880$10,560$35,200$16.92/hr
3 bedrooms$1,055$12,660$42,200$20.29/hr
4 bedrooms$1,240$14,880$49,600$23.85/hr

Cost of living in Monroe County, AR: income, prices and a budget →

Rent in Monroe County, AR: common questions

How much is rent going up in Monroe County, AR in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $909 for a two-bedroom, up 3.3% from $880. A one-bedroom goes from $671 to $695, a studio from $660 to $646.

These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.

What is the average rent in Monroe County, AR?

HUD's Fair Market Rent for 2026 is $671 for a one-bedroom and $880 for a two-bedroom, utilities included. That is $10,560 a year for the two-bedroom.

It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.

How much do you need to make to afford rent in Monroe County, AR?

To keep a $880 two-bedroom at 30% of gross pay, one full-time worker needs $16.92 an hour, or $35,200 a year. A one-bedroom at $671 takes $12.90 an hour.

How much is a 1, 2 or 3-bedroom apartment in Monroe County, AR?

At HUD's 2026 Fair Market Rent: studio $660, one bedroom $671, two $880, three $1,055 and four $1,240 a month.

Is rent affordable in Monroe County, AR?

For the typical household, earning $43,214 a year ($3,601 a month, Census ACS), a two-bedroom at $880 takes 24.4% of income. Under 30% is the usual line for affordable; this is under it.

How is the income needed for rent worked out?

Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($880 × 12) ÷ 0.30 = $35,200. Divided by 2,080 working hours, that is $16.92 an hour.