Location: Nevada County, AR | Metro: Nevada County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $680 |
| 1 Bedroom | $740 |
| 2 Bedrooms | $950 |
| 3 Bedrooms | $1,170 |
| 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 classification of ZIP code 71722 hinges significantly on the available data points, which paint a picture that is both intriguing and somewhat incomplete. With a Fair Market Rent (FMR) of $910 for the fiscal year 2026, it stands out in terms of potential rental yields compared to the market and home values, which are currently unreported. This suggests a higher-than-average rental income potential, assuming the FMR accurately reflects the local rental market.
However, the stability of this area is questionable. Only 6.9% of residents are renters, indicating a primarily owner-occupied community. This low percentage of renters could mean limited demand for rental properties, which might reduce the overall stability of the rental market. The median household income of $59,063 provides some insight into the economic status of the residents, but without knowing the days-on-market (DOM) figure, it's challenging to assess how quickly rental units can be filled or the typical turnover rate.
The lack of specific market and home value data makes it difficult to provide a precise comparison. However, given the FMR and the relatively low renter percentage, ZIP 71722 leans towards being a moderate-stability market with potentially high yields. The absence of reported market values implies that this area may not have the same level of speculative investment activity as more popular or trendy locations, reducing the risk of sudden price fluctuations.
To make a definitive call, more comprehensive data is needed, particularly regarding the market and home values, as well as the average DOM for rental listings. Until then, ZIP 71722 appears to offer opportunities for steady cash flow, albeit in a less volatile environment than high-yield/low-stability markets typically found in urban areas. The $910 FMR is a key figure here, suggesting that rental income could be relatively robust, especially if the area sees an increase in rental demand.
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.