Section 8 Fair Market Rent (FMR) for ZIP 72214 - 2027

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

Based on the available data, ZIP 72214 is located in the city of Cabot, Arkansas. The exact population figures and percentages of renters, median income, and median home values were not found in the recent searches, but we can focus on the critical economic indicators for Section 8 investors.

The Fair Market Rent (FMR) for a two-bedroom unit in ZIP 72214 for fiscal year 2024 is set at $1110. This figure is crucial for landlords who wish to participate in the Section 8 program. While the precise market rent for the area was not identified, it's reasonable to assume that the FMR closely mirrors the typical rental prices given the rural nature of Cabot, AR.

In terms of fitting an investment strategy, ZIP 72214 is best suited for hands-off voucher operators rather than hands-on value-add buyers. The stability of Section 8 payments provides a consistent cash flow without the need for active property management or significant renovations. However, for those interested in value-add opportunities, the area's lower FMR suggests potential for modest improvements that could attract non-voucher tenants willing to pay slightly above the FMR, thereby increasing profitability.

Investors should consider the broader economic context of Cabot, AR, when making decisions. While specific demographic data is currently unavailable, the rural setting typically implies a more stable tenant base with fewer fluctuations in market conditions compared to urban areas. This stability can be advantageous for long-term investment strategies focused on steady returns.

To summarize, ZIP 72214 offers a straightforward opportunity for Section 8 landlords looking for reliable income with minimal hassle. For those seeking more active involvement, the area presents a niche market where modest enhancements could potentially capture a slightly higher rent segment.

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.