Section 8 Fair Market Rent (FMR) for ZIP 71658 - 2027

FY 2027 Fair Market Rent Rates

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

The ZIP code 71658 encompasses parts of Montrose, Arkansas, and spans across three counties: Ashley, Chicot, and Drew. This area is characterized by a slightly lower than average population density and covers a larger land area compared to other ZIP codes in the U.S.

• The Fair Market Rent (FMR) for ZIP 71658 in fiscal year 2026 is set at $920, which is a key figure for landlords participating in the Section 8 program.
• Rental properties in this area have a 18.0% share of renters, indicating a moderate demand for rental housing.
• The median household income in ZIP 71658 is $54,107, providing insight into the financial capabilities of potential tenants.
• Unfortunately, specific data regarding market rents and days on market (DOM) for rental listings in ZIP 71658 is currently unavailable, suggesting that real estate activity might be limited or less tracked compared to urban areas.

Investors considering rental properties in ZIP 71658 should focus on the established fair market rent of $920, which aligns well with the median income level. Given the moderate renter share, there's room for growth but also potential competition from existing rental units. The lack of detailed market data indicates that this area may require a more hands-on approach to understand local trends and demand. Overall, the combination of a stable FMR and a reasonable tenant income base makes ZIP 71658 a viable option for landlords and small-portfolio investors seeking steady returns without the volatility often seen in more densely populated regions.

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.