Location: St. Francis County, AR | Metro: St. Francis County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $650 |
| 1 Bedroom | $690 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,130 |
| 4 Bedrooms | $1,260 |
| 5 Bedrooms | $1,462 |
| 6 Bedrooms | $1,637 |
| 7 Bedrooms | $1,768 |
| 8 Bedrooms | $1,856 |
U.S. Census Bureau data (2024)
ZIP code 72322, located within the St. Francis County, AR metro area, presents a unique set of characteristics that can be analyzed against typical ZIP codes in the region. The Fair Market Rent (FMR) for ZIP 72322 is $890 for fiscal year 2026, which is a key figure for understanding the rental market dynamics. However, the lack of specific market rent and home value data makes direct comparisons challenging.
The 42.1% renter share in ZIP 72322 is notably higher than the average for St. Francis County, AR, where renter shares are typically lower. This indicates a strong demand for rental properties within the ZIP code. Given the higher renter share and the specified FMR, it can be inferred that ZIP 72322 leans towards being a value pocket for Section 8 participants and landlords who cater to this demographic. The FMR of $890 aligns well with the financial assistance available through the Section 8 program, making it an attractive location for low-income renters.
The absence of market rent and home value data suggests that there might be limited private market activity in ZIP 72322, further supporting the idea that it functions primarily as a value pocket for subsidized housing. Landlords and small-portfolio investors should focus on the stability provided by government-backed rental assistance programs, as the high renter share with an FMR indicative of affordable housing signals a potentially lucrative but stable investment environment.
To summarize, ZIP 72322 stands out within the St. Francis County, AR metro due to its higher-than-average renter share and defined FMR, positioning it as a value pocket. This ZIP code is likely to attract Section 8 tenants and landlords seeking a steady income stream from rental properties.
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.