Key Economic Benchmarks
Median Household Income
$62,695$5,225 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Fayetteville, AR
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Fayetteville, AR
Official FY2026 HUD Fair Market Rents for Fayetteville-Springdale-Rogers, AR MSA. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $1,007 | $12,084 | $40,280 | 19.3% |
| 1-Bedroom Apartment | $1,115 | $13,380 | $44,600 | 21.3% |
| 2-Bedroom ApartmentBenchmark | $1,347 | $16,164 | $53,880 | 25.8% |
| 3-Bedroom Home | $1,873 | $22,476 | $74,920 | 35.8% |
| 4-Bedroom Home | $2,213 | $26,556 | $88,520 | 42.4% |
50/30/20 Living Budget in Fayetteville, AR
Based on the local median household income of $62,695/year ($5,225/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Arkansas
Explore net income after federal income tax, FICA, and Arkansas state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Arkansas with official federal datasets:
Frequently Asked Questions About Living in Fayetteville, AR
What is the median household income in Fayetteville, AR?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Fayetteville, AR is $62,695 per year (approximately $5,225 per month).
What is the average rent in Fayetteville, AR?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Fayetteville, AR are $1,007 for a studio, $1,115 for 1 bedroom, $1,347 for 2 bedrooms, $1,873 for 3 bedrooms, and $2,213 for 4 bedrooms.
How does the cost of living in Fayetteville, AR compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Fayetteville, AR is 91.4 (8.6% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Fayetteville, AR?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,347/month) in Fayetteville, AR requires a minimum gross household income of $53,880 per year ($4,490 per month).
What is a balanced 50/30/20 monthly budget in Fayetteville, AR?
For a typical household earning the median income of $62,695/year ($5,225/month) in Fayetteville, AR, a balanced 50/30/20 budget allocates $2,612/month to essential needs (rent, utilities, groceries), $1,567/month to discretionary spending, and $1,045/month to savings and debt repayment.
What are typical electricity and utility costs in Fayetteville, AR?
Residential electricity rates in Arkansas average 14.1¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $127 per month.