Location: Drew County, AR | Metro: Drew County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $650 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,210 |
| 4 Bedrooms | $1,250 |
| 5 Bedrooms | $1,450 |
| 6 Bedrooms | $1,624 |
| 7 Bedrooms | $1,754 |
| 8 Bedrooms | $1,842 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 71677, located in the Drew County, AR metro area, reveals a complex rental landscape. The HUD Fair Market Rent (FMR) for the metro scope in fiscal year 2026 is set at $880. However, due to the lack of specific market rent data, it's challenging to make a direct comparison between the HUD FMR and the prevailing market rates. This absence of market rent figures suggests that the local rental market might be underdeveloped or less studied compared to larger urban areas.
Given the HUD FMR of $880, voucher tenants would likely cashflow in this region, assuming that the local market rents do not significantly exceed this figure. The term 'cashflow' implies that the income generated from renting out properties at the HUD FMR would cover all operating expenses, including mortgage payments, maintenance, and utilities, leaving a positive net cash flow for the landlord. In a scenario where market rents are higher, voucher tenants would only cashflow marginally or require premium units to break even, but this cannot be determined without specific market rent data.
The median home value in ZIP 71677 is also listed as N/A, which means we cannot calculate an exact rent-to-price ratio. However, this lack of data points to a potential stability in the housing market, as there may not be enough transactions to establish a median value. Stability can be a strong factor for small-portfolio investors looking to avoid volatile markets.
With the median Days on Market (DOM) and the percentage of homes requiring price cuts also listed as N/A, it's difficult to gauge the typical rent-versus-buy dynamics. These missing metrics suggest that the real estate market in this area is either too sparse or too stable to produce reliable trends in these categories.
The strongest angle for Section 8 investors in ZIP 71677 is likely stability. The absence of significant fluctuations in home values and rental rates indicates a market that is predictable and consistent, ideal for long-term investment strategies focused on steady returns rather than rapid appreciation or high cashflow margins.
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.