Section 8 Fair Market Rent (FMR) for ZIP 72134 - 2027

Location: Prairie County, AR | Metro: Arkansas County, AR

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$710
1 Bedroom$770
2 Bedrooms$990
3 Bedrooms$1,220
4 Bedrooms$1,480
5 Bedrooms$1,717
6 Bedrooms$1,923
7 Bedrooms$2,077
8 Bedrooms$2,181

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
355
Median Household Income
$108,177
Housing Units
179
Renter Percentage
7.6%
Occupancy Rate
88.3%
Renter Occupied
12

The ZIP code 72134 stands out due to its unique demographic profile. With only 355 residents, it has a very low population density. Just 7.6% of these residents are renters, indicating that homeownership is predominant in this area. The median income of $108,177 suggests that those living in ZIP 72134 have relatively high purchasing power compared to national averages.

Regarding the voucher economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $960. This figure is critical for landlords and small-portfolio investors who might be considering accepting Section 8 vouchers. However, the lack of available data on the median home value and the current market rent for ZIP 72134 means that direct comparisons cannot be made. It's important to note that the FMR is used to determine payment standards for housing assistance programs, and while it provides a benchmark, actual rental costs can vary significantly based on location and property specifics.

The data signature for ZIP 72134 reads as stable. Despite the limited information on median home values and market rents, the high median income and low percentage of renters indicate a community where most residents own their homes. This stability could be beneficial for landlords who are looking for long-term, secure investments. For small-portfolio investors, the decision to accept Section 8 vouchers should be carefully weighed against the potential benefits of higher-income tenants, keeping in mind that the economic landscape for rentals in this ZIP code is not fully defined by the available data.

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.