Location: Phillips County, AR | Metro: Phillips County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $650 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,370 |
| 5 Bedrooms | $1,589 |
| 6 Bedrooms | $1,780 |
| 7 Bedrooms | $1,922 |
| 8 Bedrooms | $2,018 |
U.S. Census Bureau data (2024)
The ZIP code 72353, located in a county with only 47 residents, stands out due to its unique demographic characteristics. This area has a 0.0% rental rate, indicating that none of the residents are renting their homes. The lack of available data on median income and median home value suggests a very small or specialized housing market, possibly consisting entirely of owner-occupied homes.
Moving to the voucher economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $880. However, the absence of market rent data makes it challenging to compare the FMR with actual local rental rates. Given the low number of residents and the absence of renters, it's unlikely that many, if any, vouchers will be utilized in this ZIP code.
The overall data signature for ZIP 72353 reads as stable. With such a small population and no rental activity, there is little indication of significant change or transitional dynamics. Landlords and small-portfolio investors should consider these factors when evaluating potential investment opportunities in this ZIP code, as the demand for rental properties is virtually non-existent.
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.