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 | $1,050 |
| 1 Bedroom | $1,050 |
| 2 Bedrooms | $1,220 |
| 3 Bedrooms | $1,640 |
| 4 Bedrooms | $1,970 |
| 5 Bedrooms | $2,285 |
| 6 Bedrooms | $2,559 |
| 7 Bedrooms | $2,764 |
| 8 Bedrooms | $2,902 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,220 | $178,542 | 0.68% | D |
| 3BR | $1,640 | $261,160 | 0.63% | D |
| 4BR | $1,970 | $379,198 | 0.52% | F |
| 5BR | $2,285 | $547,518 | 0.42% | F |
U.S. Census Bureau data (2024)
The dynamics of the Maumelle, AR market, specifically ZIP code 72113, reveal a scenario where demand is likely outpacing supply. This inference is drawn from several key indicators. The Fair Market Rent (FMR) for the area stands at $1,140 for fiscal year 2024, while the actual market rent, as indicated by ZORI (Zillow Observed Rent Index), is slightly higher at $1,235. This suggests that rents are trending upwards, indicative of strong tenant interest.
A further sign of robust demand is the low price-cut share of 0.2%, which implies that properties are selling close to their original asking prices. Landlords and investors should take note of these figures, as they suggest a market where rental prices can be maintained or even increased, without the necessity of significant concessions.
The median home value in ZIP 72113 is $303,740, providing a benchmark for property values. However, the lack of data on days on market (DOM) makes it difficult to assess the speed at which homes are being sold, though the low price-cut share hints at brisk sales activity.
A critical aspect of this market is the substantial 44.9% share of renters. This high percentage of renters indicates a significant portion of the population prefers renting over owning, which could signal ongoing long-term housing pressure. With a considerable number of residents opting to rent rather than buy, landlords can expect steady demand for rental properties, making it an attractive investment opportunity.
In summary, the Maumelle, AR market exhibits characteristics of a demand-driven environment, with rental prices above fair market rates and minimal need for price adjustments in home sales. The high renter share points to sustained interest in rental properties, which bodes well for landlords and small-portfolio investors looking to capitalize on this dynamic market.
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.