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Booneville, AR Late Fee Limits 2026

Late fees in Booneville must be reasonable. Charge more and tenants sue to recover — courts void excessive fees regardless of what the lease says.

In Arkansas, late fees must be reasonable and proportional to actual damages from late payment. There is no specific statutory cap, but courts void excessive fees. Grace periods are typically set by the lease.

This applies to properties in Booneville, AR. Check all requirements for your property →

Key Takeaways — Booneville Late Fee Limits

  • Key rule: Must Be Reasonable
  • Violation risk: face a challenge in court

Late Fee Limits in Booneville

Booneville landlords must follow Arkansas state law on late fee limits. Understanding the specific rules, deadlines, and penalties can prevent costly violations.

$880

median 2BR rent

Must Be Reasonable

key requirement

Penalty Warning

Violate Arkansas late fee limits rules in Booneville and you could face a challenge in court. At Booneville's median rent of $880/month, even a single violation adds up fast.

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Booneville Rental Market Context

Booneville is the 83rd-largest city in Arkansas (population 3,820). With a median 2-bedroom rent of $880/month, it falls in the budget range for Arkansas rental costs — equal to the state median of $880/month.

How Booneville Compares in Logan County

Booneville ranks #1 of 7 cities in Logan County by population. Because late fee limits rules are often tied to rent amounts, costs vary across the county.

City Population Median Rent Late Fee Limit
Booneville 3,820 $880/mo Reasonable
Paris 3,302 $880/mo Reasonable
Magazine 744 $880/mo Reasonable
Subiaco 408 $880/mo Reasonable
Scranton 249 $880/mo Reasonable
Ratcliff 166 $880/mo Reasonable
Blue Mountain 90 $880/mo Reasonable

Rents based on HUD Fair Market Rents (FY2026) for Logan County, Arkansas. All cities follow Arkansas state law unless a local ordinance applies.

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Rents based on HUD Fair Market Rents (FY2026) for Logan County.

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Late Fee Limits in Nearby Cities

Own properties in multiple cities? Rules may differ locally:

Magazine, AR
Pop. 744
Ratcliff, AR
Pop. 166
Branch, AR
Pop. 305
Blue Mountain, AR
Pop. 90
Charleston, AR
Pop. 2,690

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How we researched this page: Late fee limits rules are based on Arkansas state statutes. Rent data comes from HUD Fair Market Rents (FY2026) for Logan County. Last updated: August 2026.
RA

Reviewed by Rachid Abadli

Founder & CEO, LeaseBase · Sacramento landlord · Self-managing since 2019

LeaseBase is a property management platform — not a law firm. Consult an attorney for legal advice specific to your situation.