Location: Grant County, AR | Metro: Little Rock-North Little Rock-Conway, AR HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $950 |
| 1 Bedroom | $950 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,480 |
| 4 Bedrooms | $1,780 |
| 5 Bedrooms | $2,065 |
| 6 Bedrooms | $2,313 |
| 7 Bedrooms | $2,498 |
| 8 Bedrooms | $2,623 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,480 | $241,770 | 0.61% | D |
| 4BR | $1,780 | $296,094 | 0.6% | D |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 72065, located in the HUD Metro FMR Area of Grant County, AR, reveals several key insights. The HUD Fair Market Rent (FMR) for the area is set at $950 for fiscal year 2024, while the Census ACS reports a market rent of $1,037. This indicates that voucher tenants would typically cashflow at the FMR level, meaning landlords might need to rely on slightly higher rents or premium units to ensure profitability.
To further understand the investment landscape, consider the median home value of $241,576. The rent-to-price ratio can be calculated by dividing the annual market rent ($1,037 x 12 = $12,444) by the median home value. This results in a ratio of approximately 5.15%, which suggests that rental income represents a significant portion of the total property value. However, it also implies that the area's rental market may be somewhat sensitive to changes in home values, affecting long-term investment strategies.
The dynamics of days on market (DOM) and price-cut shares are not applicable in this scenario, as the data provided indicates an N/A for DOM and a 0.1% price-cut share, which are negligible. These figures suggest that the housing market in ZIP 72065 is stable and does not experience frequent fluctuations that could impact rental pricing or property values.
In conclusion, the strongest investor angle in ZIP 72065 is likely cashflow. While voucher tenants at the HUD FMR may provide steady income, slightly exceeding the FMR or focusing on premium units can enhance profitability without significant risk to property values or market stability.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.