Location: Ozark County, MO | Metro: Marion County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $700 |
| 1 Bedroom | $740 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,160 |
| 4 Bedrooms | $1,280 |
| 5 Bedrooms | $1,485 |
| 6 Bedrooms | $1,663 |
| 7 Bedrooms | $1,796 |
| 8 Bedrooms | $1,886 |
U.S. Census Bureau data (2024)
The ZIP code 65729 is not a favorable location for landlords seeking to attract Section 8 tenants. With a population of only 126 residents, the area has an extremely low percentage of renters at 0.0%, indicating that it is overwhelmingly dominated by homeowners rather than renters. This means that the demand for rental properties using Section 8 vouchers will be minimal.
The median household income in ZIP 65729 is $61,818, which is higher than the average income for many rental markets. However, since the market rent is not provided, we cannot calculate the exact percentage of income that would typically go towards rent. The Fair Market Rent (FMR) for the area, as set by HUD for fiscal year 2026, is $890. This figure represents the maximum amount that a Section 8 voucher can cover in a metro area, but without knowing the specific market rent, we cannot determine how much of the local income this constitutes.
A landlord in ZIP 65729 should expect a very limited number of potential Section 8 tenants due to the low demand for rentals. The area's characteristics suggest that tenants who might be interested in renting would likely have incomes closer to the median household income, reducing their reliance on vouchers. In conclusion, this ZIP code is not suitable for those looking to exclusively or heavily cater to the Section 8 tenant pool, given the scarcity of renters and the low likelihood of encountering a high concentration of voucher holders.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.