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 | $900 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | $1,410 |
| 4 Bedrooms | $1,700 |
| 5 Bedrooms | $1,972 |
| 6 Bedrooms | $2,209 |
| 7 Bedrooms | $2,386 |
| 8 Bedrooms | $2,505 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,050 | $194,708 | 0.54% | F |
| 3BR | $1,410 | $248,764 | 0.57% | F |
| 4BR | $1,700 | $349,295 | 0.49% | F |
U.S. Census Bureau data (2024)
To incorporate ZIP 72210, located within the Little Rock-North Little Rock-Conway, AR HUD Metro FMR Area, into a Section 8 portfolio strategy, consider it primarily as a cash-flow anchor. This designation is based on the significant spread between the Fair Market Rent (FMR) set by HUD at $1090 for FY 2024 and the market rent, which stands at $1,357. The difference indicates that landlords can secure stable rental income through Section 8 vouchers while still maintaining a reasonable margin above the subsidized rates.
The median home value in ZIP 72210 is $270,216. This figure suggests that the area is neither extremely expensive nor particularly cheap, positioning it well for a balanced investment approach. Landlords who focus on cash flow will find comfort in the predictability of Section 8 rents, knowing they can rely on consistent payments from the government.
A key advantage of including ZIP 72210 in your portfolio is its low price-cut share of 0.2%. This means that properties in this area are less likely to require significant discounts to attract tenants, thus preserving the landlord's profit margins. Additionally, the N/A-day Days on Market (DOM) implies that properties here are typically occupied without long vacancies, further enhancing cash flow stability.
The renter share of 36.3% indicates a moderate demand for rental properties, suggesting that there is a steady but not overwhelming need for housing options. This balance reduces the risk of over-reliance on a single type of tenant and allows for some flexibility in property management strategies.
While the median income of $69,453 might seem relatively high, it is important to note that Section 8 eligibility criteria are based on individual household circumstances rather than overall zip code income levels. Therefore, the income figure does not directly impact the suitability of ZIP 72210 for a Section 8 portfolio.
In summary, ZIP 72210 serves best as a cash-flow anchor due to its favorable spread between FMR and market rents, low price-cut share, and moderate renter share. These factors contribute to a predictable and stable income stream, which is crucial for landlords and small-portfolio investors seeking reliable returns.
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.