Location: Arkansas County, AR | Metro: Arkansas County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $740 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,280 |
| 4 Bedrooms | $1,610 |
| 5 Bedrooms | $1,868 |
| 6 Bedrooms | $2,092 |
| 7 Bedrooms | $2,259 |
| 8 Bedrooms | $2,372 |
U.S. Census Bureau data (2024)
The ZIP code 72026 presents several challenges for landlords considering participation in the Section 8 program. First, tenant turnover can be a significant issue due to the discrepancy between the market rent and the Fair Market Rent (FMR) of $1,010 for fiscal year 2026. If the market rent exceeds this figure, landlords may face frequent tenant changes as voucher holders seek properties that fit their budget.
Vacancy exposure is another concern. With no specific data on the average days on market (DOM), it's uncertain how quickly rental units can be filled. However, the absence of this data suggests potential difficulties in finding tenants, which could lead to prolonged vacancies and financial strain for landlords.
Deferred maintenance is also a risk factor. Given the median income of $26,615, residents may struggle to afford necessary repairs and maintenance, leading to potential property degradation over time. This can result in higher costs for landlords who must cover these expenses to maintain the quality and safety of their properties.
Despite these risks, the ZIP code has a relatively high renter share of 5.1%, indicating a potentially robust demand for rental housing. High renter density often translates into greater interest in Section 8 vouchers, which can stabilize occupancy rates and provide a steady stream of tenants.
Verdict: Moderate risk for a first-time Section 8 landlord.
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.