Location: Stone County, AR | Metro: Stone County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $690 |
| 1 Bedroom | $750 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,350 |
| 5 Bedrooms | $1,566 |
| 6 Bedrooms | $1,754 |
| 7 Bedrooms | $1,894 |
| 8 Bedrooms | $1,989 |
U.S. Census Bureau data (2024)
The ZIP code 72051 stands out due to its unique characteristics that set it apart from many other areas. With only 659 residents, it is a very small community, where 10.5% of the population rents their homes. The lack of data on median income and median home value suggests that this area might be underrepresented in broader economic studies, making it particularly interesting for niche investment strategies.
Moving to the specifics of Section 8 housing, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $940. This figure is crucial for landlords and small-portfolio investors as it represents the maximum rent that can be charged to tenants participating in the Section 8 program. Given the absence of market rent data for ZIP 72051, the FMR serves as a benchmark for rental pricing in this area. It's important to note that landlords should aim to align their rental rates closely with this FMR to attract Section 8 tenants effectively.
The voucher economics in ZIP 72051 are straightforward: landlords must ensure that their properties meet the quality standards required by the Section 8 program and that their rent does not exceed the $940 threshold. This can provide a stable income stream for landlords, as the government will cover any difference between the voucher amount and the actual rent if the tenant cannot afford the full amount. However, the limited number of renters in such a small community means that competition for these vouchers could be intense.
Overall, the data signature for ZIP 72051 reads as "transitional." The small size of the community and the low percentage of renters suggest that there might be opportunities for growth and development in the rental market. Landlords and investors who can navigate the nuances of the Section 8 program and understand the local dynamics stand to benefit from this transitional phase as the area evolves.
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.