Location: Union County, AR | Metro: Union County, AR
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $740 |
| 1 Bedroom | $750 |
| 2 Bedrooms | $970 |
| 3 Bedrooms | $1,160 |
| 4 Bedrooms | $1,360 |
| 5 Bedrooms | $1,578 |
| 6 Bedrooms | $1,767 |
| 7 Bedrooms | $1,908 |
| 8 Bedrooms | $2,003 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $970 | $98,281 | 0.99% | C |
| 3BR | $1,160 | $180,841 | 0.64% | D |
| 4BR | $1,360 | $298,379 | 0.46% | F |
U.S. Census Bureau data (2024)
ZIP code 71730, located in El Dorado, Arkansas within the Union County metro area, presents an interesting mix of economic indicators that suggest it could be considered a value pocket relative to other ZIP codes in the region. The Fair Market Rent (FMR) for the area is set at $920 for fiscal year 2026, which is higher than the current market rent of $859. This implies that landlords in ZIP 71730 can expect a slight increase in rental income as the market adjusts to the FMR levels.
The median home value in ZIP 71730 stands at $135,034, which is notably lower than the typical home values found in other parts of Union County. This lower home value can be advantageous for small-portfolio investors looking to enter the market at a lower price point, especially considering the relatively high renter share of 30.4%. A higher percentage of renters combined with lower home values often indicates a strong presence of government-subsidized housing, such as Section 8, which can provide a stable tenant base and predictable rental income.
In comparison to the broader Union County ZIP codes, 71730 exhibits characteristics that make it attractive for investors focused on the Section 8 market. The disparity between the current market rent and the FMR suggests potential for growth, while the lower home values and significant renter population indicate a potentially less volatile investment opportunity.
Investors should note the following:
Given these factors, ZIP 71730 appears to be a promising value pocket within the Union County metro, offering stability and growth potential for real estate investments aligned with the Section 8 program.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.