Location: Union County, AR | Metro: Union County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $690 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,080 |
| 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 Section 8 market analysis for ZIP code 71765 in Union County, Arkansas, reveals a clear opportunity for landlords and small-portfolio investors. The HUD Fair Market Rent (FMR) for the area is set at $880 per month for the fiscal year 2026, which is significantly higher than the current market rent reported by the Census ACS at $483 per month. This disparity indicates that voucher tenants will cashflow positively at the FMR rate, providing a strong financial incentive for property owners to participate in the Section 8 program.
To further analyze the investment potential, we consider the median home value in the area, which is currently not available. However, the absence of a median home value does not detract from the positive cashflow potential derived from the high FMR compared to the local market rent. The rent-to-price ratio cannot be calculated due to the lack of a median home value, but the significant gap between the HUD FMR and the actual market rent suggests a robust rental market.
The median days on market (DOM) and the percentage of homes that experienced a price cut are also not available. Despite these missing metrics, the primary focus for investors should remain on the favorable cashflow dynamics presented by the Section 8 program in ZIP 71765. Given the substantial difference between the FMR and the market rent, landlords can expect consistent and reliable income streams from voucher tenants.
The strongest investor angle in ZIP 71765 is cashflow. With voucher tenants paying well above the current market rate, landlords can secure stable and profitable returns without the need for premium units or extensive renovations.
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.