At $1,652/mo, rent takes about 22% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,652 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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Who lives here
Farmington, AR is majority owner-occupied, has a large share of families with children, has a median income above the national average, 36.2% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Farmington, AR has changed in 5 years
On the earnings side, the typical household in Farmington, AR now reports about $90,469, up from $77,443 in 2021. Census counts show Farmington, AR adding about 1,493 residents over the five-year window, up 19.6% on net. The renter share has risen from 24.4% to 27.6%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 29.7% to 36.2% across the same window.
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Can you afford rent in Farmington on your salary?
At $1,652/mo, how Farmington rent compares to typical pay (30% rule).
Farmington rent by bedroom count
Median rent for each apartment size in Farmington. Click any size for full breakdown.
Tips for renters in Farmington
Last updated: August 17, 2026
The median rent in Farmington is $1,652/mo as of August 2026. A studio apartment averages $1,000/mo while a 2-bedroom runs $1,300/mo. One-bedroom apartments average $1,080/mo and 3-bedroom units go for $1,820/mo.
At 22% of local median household income ($90,469/yr), Farmington ranks as affordable compared to the national benchmark of 30%. Rents have decreased 6.0% over the past year.
Frequently asked questions
Is Farmington an affordable city for renters?
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How does Farmington rent compare to other cities in Arkansas?
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What percentage of Farmington residents rent vs. own?
How does Farmington rent compare to the national average?
At $1,652/mo, rent takes ~22% of Farmington's median household income ($90,469/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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