Section 8 Fair Market Rent (FMR) for ZIP 72067 - 2027

Location: Van Buren County, AR | Metro: Cleburne County, AR

Investment Score for ZIP 72067

F
Monthly Rent (2BR)
$910
Median Price (2BR)
$198,922
1% Rule
0.46%
Annual Yield
5.49%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$630
1 Bedroom$700
2 Bedrooms$910
3 Bedrooms$1,190
4 Bedrooms$1,240
5 Bedrooms$1,438
6 Bedrooms$1,611
7 Bedrooms$1,740
8 Bedrooms$1,827

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $910 $198,922 0.46% F
3BR $1,190 $285,808 0.42% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
2,870
Median Household Income
$53,668
Housing Units
2,697
Renter Percentage
14.6%
Occupancy Rate
49.7%
Renter Occupied
196

Cleburne County's ZIP code 72067 stands out due to its relatively low population of 2,870 residents, with only 14.6% of them renting their homes. The median income in this area is $53,668, and the median home value is significantly higher at $243,931. This suggests that homeownership is a strong trend in the region, with most residents preferring to own rather than rent.

The voucher economics in ZIP 72067 reveal an interesting dynamic. The Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $880, whereas the actual market rent, according to Census ACS data, is $668. This discrepancy means that landlords participating in the Section 8 program can expect to receive higher rents through vouchers compared to the typical market rates. Specifically, the difference is $212 per month, which could be a significant incentive for landlords to consider accepting Section 8 tenants.

Based on the data signature, ZIP 72067 appears to be a stable area. The high median home value and relatively low percentage of renters suggest a community where long-term homeownership is the norm. Additionally, the median income is above the national average, indicating financial stability among the residents. The voucher program provides an opportunity for landlords to capitalize on government subsidies that exceed local market rates, further reinforcing the stability of rental investments in this ZIP code.

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.