Location: Drew County, AR | Metro: Desha County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $650 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,210 |
| 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)
ZIP code 71670, located within the Drew County, AR metro area, presents a unique profile when compared against typical ZIP codes within the same county. The Fair Market Rent (FMR) for ZIP 71670 stands at $880 for fiscal year 2026, which is notably higher than the market rent of $800. This suggests that subsidized housing through Section 8 may offer slightly better rental rates than the local market average.
The median home value in ZIP 71670 is $129,302, which is indicative of an affordable housing market. When juxtaposed with the FMR and market rent figures, it becomes apparent that the area offers good value for property investment. A lower home value combined with a higher FMR can be advantageous for landlords participating in the Section 8 program, as it allows them to receive a subsidy rate that exceeds the typical market rent.
The renter share in ZIP 71670 is 17.1%, which is a moderate figure and does not necessarily indicate a significant concentration of renters. However, the combination of a below-metro home value and a higher FMR does suggest that this ZIP code could be considered a sweet spot for Section 8 investments. Landlords who invest in properties here might benefit from a balance between affordable housing and a stable rental income supported by the Section 8 program.
To summarize, ZIP 71670 appears to be a value pocket within the Drew County, AR metro. It offers an affordable entry point for property ownership with home values significantly lower than what might be expected based on the FMR. This makes it an attractive location for landlords and small-portfolio investors looking to capitalize on the Section 8 program while maintaining competitive market positions.
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.