Section 8 Fair Market Rent (FMR) for ZIP 72001 - 2027

Location: Conway County, AR | Metro: Little Rock-North Little Rock-Conway, AR HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$890
1 Bedroom	$900
2 Bedrooms	$1,040
3 Bedrooms	$1,390
4 Bedrooms	$1,640
5 Bedrooms	$1,902
6 Bedrooms	$2,130
7 Bedrooms	$2,300
8 Bedrooms	$2,415

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

391

Median Household Income

$36,008

Housing Units

203

Renter Percentage

10.2%

Occupancy Rate

97.0%

Renter Occupied

The ZIP code 72001, located in Batesville, Arkansas, offers a unique opportunity for real-estate investors interested in the Section 8 housing market. The area's relatively low costs and manageable competition make it a viable option for those looking to stabilize their rental portfolio.

Fair Market Rent (FMR) for ZIP 72001 in fiscal year 2024 is set at $830. This figure represents the maximum amount that landlords can charge for a two-bedroom apartment under the Section 8 program, providing a benchmark for rental pricing.
The average market rent for the area is $625 according to Census ACS data. This suggests that landlords participating in Section 8 can potentially command higher rents compared to the general market, although they must adhere to the FMR guidelines.
The median income for residents in ZIP 72001 is $36,008. This income level indicates that many tenants will qualify for the Section 8 program, ensuring a steady pool of potential renters.
Renters make up 10.2% of the total population. While this percentage is not exceptionally high, it does suggest a modest demand for rental properties, including those supported by Section 8 vouchers.
The median home value is not available. This lack of data could indicate a predominantly rental market or a significant number of homes owned outright without mortgages, which may affect property values and investment strategies.
The days on market (DOM) for listings is not specified. This missing information would typically help gauge how quickly properties are rented out, but its absence here means we cannot provide a specific timeframe for vacancy rates.

Synthesizing these points, ZIP 72001 presents a stable market for landlords and small-portfolio investors, particularly those willing to participate in the Section 8 program. With the FMR at $830 and the average market rent lower at $625, there is room for landlords to receive higher rents while still offering affordable housing options. The median income figure supports a high likelihood of tenant qualification for Section 8 assistance. However, the limited data on median home values and DOM indicates a need for further local research to fully understand the rental dynamics and property appreciation potential 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.