Location: Woodruff County, AR | Metro: Woodruff County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $700 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $990 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,390 |
| 5 Bedrooms | $1,612 |
| 6 Bedrooms | $1,805 |
| 7 Bedrooms | $1,949 |
| 8 Bedrooms | $2,046 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors targeting ZIP code 72123 in the Woodruff County, AR metro area reveals a favorable rental environment. The HUD Fair Market Rent (FMR) for the area is set at $960 per month for the fiscal year 2026, which is notably higher than the current market rent of $656 based on Census ACS data.
This difference indicates that voucher tenants will generally cashflow at the HUD FMR, providing a positive financial outlook for landlords and small-portfolio investors. The gap between the HUD FMR and the market rent suggests that landlords can expect a margin of safety, allowing them to maintain profitability even if market conditions change.
The median home value in the area is currently not available, which makes deriving an exact rent-to-price ratio challenging. However, given the disparity between the HUD FMR and market rents, it's reasonable to infer that the rent-to-price ratio would be advantageous for rental property owners.
Note that the median Days on Market (DOM) and the percentage of homes that required a price reduction are also not available. These metrics typically help gauge the rent-versus-buy dynamics in a market. Despite this lack of specific data, the overall trend towards higher rents supported by the HUD FMR suggests that rental properties remain a strong investment option in this area.
The strongest investor angle in ZIP 72123 is cashflow. With the HUD FMR significantly above the market rent, landlords can secure reliable income streams from Section 8 tenants while maintaining a cushion against potential market fluctuations.
Data Sources: FMR data from HUD (2027). 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.