Location: Desha County, AR | Metro: Desha County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $660 |
| 1 Bedroom | $720 |
| 2 Bedrooms | $940 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,330 |
| 5 Bedrooms | $1,543 |
| 6 Bedrooms | $1,728 |
| 7 Bedrooms | $1,866 |
| 8 Bedrooms | $1,959 |
U.S. Census Bureau data (2024)
The ZIP code 71662 presents a unique snapshot of the rental market, primarily driven by the fact that it is overwhelmingly composed of renters, with a 100.0% renter share. This statistic alone indicates a significant long-term housing pressure, suggesting that homeownership is not prevalent in this area. The Federal Market Rent (FMR) for the metro area including ZIP 71662 is set at $890 for fiscal year 2026, which provides a benchmark for the affordability and cost of living in the region.
Despite the lack of specific current market rent data, the absence of recent sales data and the high FMR suggest that demand for rental properties may be steady or even increasing. Typically, areas with a high percentage of renters experience consistent demand due to limited opportunities for homeownership. The high FMR also implies that rental prices are likely to remain stable or increase, reflecting the ongoing housing pressure in the area.
The dynamics of this market indicate a reliance on rental properties rather than homeownership, which can be attributed to various factors such as economic conditions, demographic trends, and the availability of affordable housing options. With no median home value reported, it's evident that the focus is squarely on the rental sector, making it an attractive option for landlords and small-portfolio investors looking to capitalize on a strong rental demand.
In conclusion, ZIP 71662 represents a market in motion, characterized by a heavy reliance on rentals and significant long-term housing pressure. The high FMR of $890 for the metro area signals a potentially robust rental market, with steady demand for units. For investors, this ZIP code offers a clear opportunity to invest in a rental-dominant market, where the dynamics favor those who provide quality, affordable housing solutions.
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.