Location: Little Rock-North Little Rock-Conway, 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 |
|---|---|---|---|---|
| 2BR | $1,100 | $98,875 | 1.11% | B |
| 3BR | $1,480 | $174,871 | 0.85% | C |
| 4BR | $1,780 | $245,751 | 0.72% | D |
U.S. Census Bureau data (2024)
920 is the Fair Market Rent (FMR) for ZIP code 72076 in Jacksonville, AR, for fiscal year 2024. 169,038 represents the median home value in the area, indicating a moderate housing market. 46.6 percent of residents are renters, suggesting a significant portion of the population relies on rental properties. The market rent, known as the Zillow Observed Rental Index (ZORI), stands at 1,085, which is notably higher than the FMR. This gap between the ZORI and FMR can be advantageous for landlords participating in the Section 8 program, as it allows them to potentially earn above the subsidized rate through market fluctuations. 54,379 is the median income for the area, providing insight into the economic conditions and the ability of residents to afford rent. Although the days on market (DOM) figure is not available, the price-cut share is only 0.2 percent, which indicates that property values are relatively stable and there is little need for landlords to reduce their asking prices. For landlords and small-portfolio investors looking to enter the Jacksonville, AR market, these figures paint a picture of a stable yet moderately priced rental environment.
Investing in Jacksonville, AR with a focus on the Section 8 program is viable given the 920 FMR, which is lower than the 1,085 ZORI. Landlords can leverage the difference between these two figures to ensure profitability while still providing affordable housing options. The 169,038 median home value suggests that the area is not overly saturated with high-value properties, making it accessible for various types of investment. With 46.6 percent of the population renting, there is a consistent demand for rental properties. The low 0.2 percent price-cut share further supports the idea that property values are robust and unlikely to fluctuate significantly, offering security to investors. In conclusion, the data points towards a favorable climate for Section 8 investments in Jacksonville, AR, particularly for those who can manage properties efficiently and navigate the program's requirements.
Section 8 Verdict: Favorable
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.