Location: Little Rock-North Little Rock-Conway, AR | Metro: Little Rock-North Little Rock-Conway, AR HUD Metro FMR Area
| 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 72225 is located in Little Rock, AR, and it primarily serves a single address on Kavanaugh Boulevard in the Hillcrest neighborhood. Unlike typical residential ZIP codes, 72225 is designated as a PO Box ZIP Code, meaning it lacks detailed demographic data such as population, percentage of renters, median income, and median home value. However, the area surrounding this ZIP code, which is part of the broader Little Rock metropolitan region, can provide some context.
Moving into the economic analysis of rental properties, the Fair Market Rent (FMR) for ZIP code 72225 for fiscal year 2024 is set at $1,110. This figure is crucial for Section 8 landlords and small-portfolio investors as it defines the maximum allowable rent for subsidized units. Unfortunately, specific data regarding the market rent for this particular ZIP code is not available, which might suggest limited residential activity or that the market rent closely aligns with the FMR due to the nature of the ZIP code serving a commercial address.
Given the characteristics of ZIP code 72225, it appears more suited for a hands-off voucher operator rather than a hands-on value-add buyer. The lack of comprehensive demographic data and the focus on a single commercial address indicate that the area is not ideal for active property management strategies aimed at improving property value through renovations or other interventions. Instead, it is better aligned with passive income generation through Section 8 subsidies, where the primary concern is compliance with HUD regulations and maintaining the property's condition, rather than actively increasing its market value.
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.