Section 8 Fair Market Rent (FMR) for ZIP 72190 - 2027

Location: Little Rock-North Little Rock-Conway, AR | Metro: Little Rock-North Little Rock-Conway, AR HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$990
1 Bedroom	$990
2 Bedrooms	$1,150
3 Bedrooms	$1,540
4 Bedrooms	$1,860
5 Bedrooms	$2,158
6 Bedrooms	$2,417
7 Bedrooms	$2,610
8 Bedrooms	$2,741

The ZIP code 72190, located in Arkansas, represents a rural area where the real estate market is influenced by federal housing programs such as Section 8. This analysis will provide insights into the rental market dynamics and potential investment opportunities for landlords and small-portfolio investors.

The Fair Market Rent (FMR) for ZIP 72190 in fiscal year 2024 is set at $1110.
The actual market rent for the area is currently unavailable, indicating a lack of recent data on private rental rates.
The median home value for ZIP 72190 is also not available, suggesting that residential sales data might be sparse or outdated.
The percentage of residents who are renters is unknown, making it difficult to gauge the demand for rental properties.
The days on market (DOM) for rental listings is not available, which means we cannot determine how quickly rental properties are typically leased.
The median household income for the area is not provided, leaving us without key demographic data to assess economic stability and tenant affordability.

Given the available data, landlords and small-portfolio investors should focus on the established Fair Market Rent of $1110 as a benchmark for setting competitive rental rates. The absence of recent market rent data suggests a need for further local research to understand current pricing trends. With limited information on home values, renter demographics, and property listing times, investors must rely on additional sources to fill these gaps. Despite these uncertainties, the presence of the Section 8 program provides a stable income floor for rental properties, making it a reliable option for conservative investors seeking consistent returns.

Data Sources: FMR data from HUD (2027).

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.