Location: Jackson County, AR | Metro: Jackson County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $650 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,170 |
| 4 Bedrooms | $1,200 |
| 5 Bedrooms | $1,392 |
| 6 Bedrooms | $1,559 |
| 7 Bedrooms | $1,684 |
| 8 Bedrooms | $1,768 |
The analysis of ZIP code 72043, located in Jackson County, Arkansas, within the AR metro area, reveals several key points that are crucial for landlords and small-portfolio investors considering investment in this region.
First, regarding the rent math, the Fair Market Rent (FMR) for the area is set at $880 for fiscal year 2026. However, due to the lack of specific market rent data, it's challenging to make a direct comparison. Landlords should ensure their rental pricing aligns closely with the FMR to remain competitive and viable within the local housing market.
Second, on the affordability of acquisitions, the median home value is not specified, which makes it difficult to assess the overall cost of property acquisition. Additionally, without knowing the average days on market (DOM) and the percentage of homes requiring price cuts, it's hard to gauge the typical seller urgency and negotiation leverage available to buyers. These metrics would be essential for understanding the local real estate market dynamics and making informed decisions about property purchases.
Third, concerning tenant demand, the population and the percentage of renters in ZIP 72043 are also unspecified. Tenant demand is a critical factor for rental properties; a higher percentage of renters typically indicates a stronger demand for rental units. Without this data, it's impossible to accurately predict the occupancy rates and the potential success of rental investments in this area.
In conclusion, while the Fair Market Rent provides a benchmark for setting rental prices in ZIP 72043, the lack of specific data on market rents, median home values, days on market, price cut percentages, and tenant demographics significantly hampers a comprehensive analysis. Investors should seek out detailed local market reports and consult with local real estate professionals to fill these gaps before making any investment decisions. The viability of rental income and the affordability of acquisitions cannot be definitively assessed without these critical pieces of information.
Data Sources: FMR data from HUD (2027).
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.