Location: Pike County, AR | Metro: Montgomery County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $690 |
| 1 Bedroom | $870 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,290 |
| 4 Bedrooms | $1,370 |
| 5 Bedrooms | $1,589 |
| 6 Bedrooms | $1,780 |
| 7 Bedrooms | $1,922 |
| 8 Bedrooms | $2,018 |
U.S. Census Bureau data (2024)
The ZIP code 71935, located within the Pike County, AR metro, has a Family Monthly Income Rent (FMR) set at $900 for fiscal year 2026. This figure is crucial for understanding the rental dynamics within this area compared to other ZIP codes in Pike County, AR.
While the specific market rent and home value data for ZIP 71935 are currently unavailable, we can infer several points based on the available information. The renter share in ZIP 71935 stands at 31.6%, which is notably higher than the average for the county. This suggests that there is a significant population of renters in this area, potentially indicating a strong demand for rental properties.
In the context of Section 8 real estate analysis, the high renter share combined with a defined FMR but lacking specific market rent and home value data could imply that 71935 is a value pocket within the Pike County, AR metro. Value pockets are typically characterized by a lower cost of living relative to surrounding areas, and a higher proportion of renters who might rely on government assistance programs such as Section 8. Given the absence of market rent and home value data, it's reasonable to assume that these figures might be lower than the county average, making it an attractive location for landlords and investors looking to serve a population that benefits from rental subsidies.
The FMR of $900 provides a benchmark for what the government considers a reasonable rent for low-income families. If the actual market rents in ZIP 71935 are indeed lower than this figure, landlords could find themselves in a favorable position, able to charge closer to the FMR while still being competitive with local rates. This would enhance the profitability of rental properties in this area.
Investors should also consider the potential for rental demand to be driven by the presence of subsidized housing options. A ZIP code with a high renter share and reliance on Section 8 could indicate steady rental income due to the security of government-backed housing vouchers.
However, without specific market rent and home value data, it's important to conduct further research into the local real estate market trends. Engaging with local realtors or reviewing recent property listings could provide additional insights into whether ZIP 71935 is truly a value pocket or if it aligns more closely with mid-tier or premium sub-markets within the Pike County, AR metro.
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.