Location: Lincoln County, AR | Metro: Lincoln County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $650 |
| 1 Bedroom | $690 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,260 |
| 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 HUD Fair Market Rent (FMR) for ZIP 71678 is set at $810 for FY 2024. However, the market rent for the area is currently not available. Given the low population and limited housing data, it is likely that the market rent is close to the FMR, allowing voucher tenants to cashflow at the FMR rate. This means that landlords can expect steady income without significant financial strain.
The median home value for ZIP 71678 is also not available. To derive a rent-to-price ratio, we would need this figure. Without it, we cannot provide a precise comparison between the median home value and the average rent. Nevertheless, the scarcity of housing data suggests a smaller number of homes for sale, which could indicate a stable rental market.
The median days on market (DOM) and the percentage of price cuts are not provided for ZIP 71678. These metrics are typically used to gauge the health of the real estate market. In their absence, we must rely on other indicators to assess the buy-versus-rent dynamics.
The strongest angle for investors in ZIP 71678 is likely cashflow. With voucher tenants able to cover the rent at the FMR rate, landlords can expect reliable income from their properties. The lack of extensive home sales data also supports the idea that the rental market is stable and less prone to fluctuations seen in areas with higher turnover rates.
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.