Location: Jefferson County, AR | Metro: Cleveland County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $650 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,170 |
| 4 Bedrooms | $1,270 |
| 5 Bedrooms | $1,473 |
| 6 Bedrooms | $1,650 |
| 7 Bedrooms | $1,782 |
| 8 Bedrooms | $1,871 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 71665 reveals a favorable environment for cashflow generation. The HUD Fair Market Rent (FMR) for ZIP 71665 in fiscal year 2024 is set at $810, which is significantly higher than the average market rent of $605 reported by the Census Bureau's American Community Survey (ACS).
This disparity means that landlords can expect to cashflow comfortably with voucher tenants at the FMR rate. The difference between the FMR and market rent suggests that voucher tenants will cover the costs associated with rental properties and provide a steady income stream above typical market rates.
The median home value in ZIP 71665 is $166,320, leading to a rent-to-price ratio of approximately 0.48%. This ratio indicates that rental income is relatively low compared to property values, but given the higher FMR, it remains an attractive option for investors focused on cashflow rather than immediate equity growth.
Note that the median Days on Market (DOM) and percentage of price cuts are not applicable in this context, as they pertain more to the buying and selling dynamics of homes rather than the rental market. However, the stability of the rental market, especially with the support of Section 8 vouchers, provides a strong foundation for long-term investment.
The strongest investor angle in ZIP 71665 is cashflow, given the substantial gap between the HUD FMR and the market rent, ensuring a reliable source of income for landlords and small-portfolio investors.
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.