Section 8 Fair Market Rent (FMR) for ZIP 71759 - 2027

Location: Union County, AR | Metro: Union County, AR

FY 2027 Fair Market Rent Rates

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

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
243
Median Household Income
$N/A
Housing Units
133
Renter Percentage
16.1%
Occupancy Rate
88.7%
Renter Occupied
19

ZIP code 71759, located in Union County, Arkansas, represents an opportunity for diversification within a Section 8 portfolio strategy. The area has a renter share of 16.1%, which is relatively low compared to urban centers but significant enough to attract a steady stream of tenants who rely on government subsidies for housing.

The Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $920. However, due to limited data on market rents and median home values, a precise comparison cannot be made. Nonetheless, the presence of a sizeable portion of renters who qualify for Section 8 benefits ensures a stable occupancy rate, which is crucial for long-term investment planning.

This ZIP code is not ideal for a cash-flow anchor because the lack of detailed market rent data makes it difficult to assess whether the FMR provides a substantial spread over market rates. Similarly, it does not stand out as an appreciation play given the absence of information regarding price-cut shares and days on market (DOM).

Instead, ZIP 71759 serves as a diversifier. By including properties in this area, investors can balance their portfolios with assets that offer consistent, if modest, returns. The reliance on Section 8 tenants mitigates risks associated with market fluctuations, ensuring that rental income remains predictable. This predictability is particularly valuable in a broader investment strategy where other assets might experience higher volatility.

A diversified portfolio that includes areas like ZIP 71759 can provide landlords and small-portfolio investors with a more robust and resilient investment base. While the potential for high appreciation or extremely favorable cash flows is unclear without additional market data, the stability offered by Section 8 tenants in this region makes it a solid choice for those looking to spread risk across different types of investments.

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.