Location: Conway County, AR | Metro: Conway County, AR
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 | $630 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,520 |
| 5 Bedrooms | $1,763 |
| 6 Bedrooms | $1,975 |
| 7 Bedrooms | $2,133 |
| 8 Bedrooms | $2,240 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,260 | $184,450 | 0.68% | D |
| 4BR | $1,520 | $261,969 | 0.58% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 72110 in the metro area for fiscal year 2026 is set at $880. This figure represents the payment standard for Section 8 housing vouchers, meaning that if a landlord participates in the program, they will receive up to $880 per month from the government to cover part of the tenant's rent. It does not represent the total rent you can charge, but rather the maximum amount the voucher will cover.
To put this into context, the average rent for ZIP 72110 based on recent Census data is $754. This indicates that the FMR is slightly above the local average, which can be beneficial for landlords who want to ensure they are receiving fair compensation for their properties.
With a renter share of 34.4%, there is a significant demand for affordable housing in this area. This means that over one-third of the households in ZIP 72110 are renters, creating a substantial market for Section 8 properties. The median household income in the area is around $161,234, which suggests that while some residents may have higher incomes, a portion still relies on assistance programs like Section 8 to find suitable housing.
Before deciding to participate in the Section 8 program, it is crucial to verify that your property meets the minimum standards set by HUD. These standards ensure that the rental unit is safe, decent, and sanitary. Failure to meet these criteria can result in penalties or disqualification from the program.
In summary, participating in Section 8 in ZIP 72110 can provide a steady stream of rental income up to $880 per month, which exceeds the local average rent. Given the high renter share and median income levels, there is a strong likelihood of finding tenants who need and qualify for the Section 8 program. However, ensure your property complies with HUD's minimum housing quality standards to avoid any issues.
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.