Location: Montgomery County, AR | Metro: Montgomery County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $650 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,180 |
| 4 Bedrooms | $1,280 |
| 5 Bedrooms | $1,485 |
| 6 Bedrooms | $1,663 |
| 7 Bedrooms | $1,796 |
| 8 Bedrooms | $1,886 |
U.S. Census Bureau data (2024)
The viability of investing in ZIP 71969 for Section 8 landlords hinges on several key factors.
The rent math does not work favorably due to the lack of available market rent data. The Fair Market Rent (FMR) for the area is set at $880 for the fiscal year 2026, which is a critical benchmark for Section 8 properties. However, without comparative market rent figures, it's challenging to assess if this rate adequately covers operational costs and provides a reasonable profit margin.
Regarding acquisition affordability, the situation is unclear due to missing data points. The median home value is listed as N/A, making it difficult to gauge how affordable it would be to purchase a property in this area. Similarly, the days on market (DOM) and percentage of homes that require price reductions before selling are also not provided, leaving gaps in understanding the local real estate market dynamics.
Tenant demand appears limited. With a total population of 223, only 9.2% are renters. This low renter share suggests a smaller pool of potential tenants, which could make finding and retaining Section 8 participants challenging. Landlords might face difficulties in filling vacancies and maintaining steady occupancy rates.
Verdict: Investing in ZIP 71969 for Section 8 properties is not advisable given the current data. The rent math is skewed by the absence of market rent figures, while acquisition affordability cannot be accurately assessed due to incomplete data. Furthermore, the limited tenant demand, with only 9.2% of the population being renters, indicates a smaller pool of potential participants, which could lead to lower occupancy rates and increased vacancy costs. These factors collectively present a less favorable investment scenario for both landlords and small-portfolio investors.
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.