Section 8 Fair Market Rent (FMR) for ZIP 71944 - 2027

Location: Polk County, AR | Metro: Polk County, AR

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$870
1 Bedroom	$1,030
2 Bedrooms	$1,230
3 Bedrooms	$1,470
4 Bedrooms	$1,670
5 Bedrooms	$1,937
6 Bedrooms	$2,169
7 Bedrooms	$2,343
8 Bedrooms	$2,460

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,119

Median Household Income

$75,893

Housing Units

406

Renter Percentage

17.1%

Occupancy Rate

89.2%

Renter Occupied

The ZIP code 71944, located in Louisiana, is a rural area with a mix of residential properties. The housing market here is characterized by a blend of owner-occupied homes and rental units, catering to a diverse set of residents.

The Fair Market Rent (FMR) for a two-bedroom apartment in the metro area for fiscal year 2026 is set at $1,100.
The average market rent for a similar unit, based on Census ACS data, stands at $880. This suggests that there might be room for modest rent increases to align with the FMR.
The median home value is not available, indicating a scarcity of recent sales data which could imply limited liquidity in the homeownership market.
Renters make up 17.1% of the population, which is a relatively low percentage compared to urban areas, but still significant enough to support a niche rental market.
The median income for the area is $75,893, providing a baseline understanding of the economic capacity of potential tenants and homeowners.

Investors looking to enter the ZIP 71944 market should focus on rental properties due to the lower median home value and the specific rental data points. With the Fair Market Rent exceeding the current market rent, there is a potential for increasing rental rates, although this must be done carefully to remain competitive. Given the limited data on home values, it's advisable to concentrate on the rental sector where the demand and economic conditions are better defined. The relatively high median income supports the possibility of attracting stable tenants who can afford the higher FMR rates, making rental investments a prudent choice for those interested in the area.

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.