Location: Desha County, AR | Metro: Desha County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $650 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,220 |
| 4 Bedrooms | $1,340 |
| 5 Bedrooms | $1,554 |
| 6 Bedrooms | $1,740 |
| 7 Bedrooms | $1,879 |
| 8 Bedrooms | $1,973 |
U.S. Census Bureau data (2024)
The market dynamics in ZIP code 72379, as reflected by the Fair Market Rent (FMR) set at $880 for fiscal year 2026, indicate a snapshot of stability. However, the lack of available market rent data suggests a scarcity of rental properties, which could point towards a market where demand might be outpacing supply. This inference is supported by the absence of a price-cut share percentage and days on market (DOM) figure, both of which would typically provide insight into the balance between buyers and sellers. In their absence, we can only speculate that the market may be experiencing a low turnover rate, possibly due to limited inventory.
The median home value being listed as N/A further complicates the analysis but could imply that there is not enough data to determine a reliable median, perhaps due to the small number of transactions or homes listed in the area. This could suggest that homeownership is prevalent, given the 0.0% renter share, indicating that the majority of residents in 72379 own their homes rather than renting. Such a high owner-occupancy rate often points to an environment where long-term housing pressures are minimal because the rental market is underdeveloped, and the focus is on homeownership.
In summary, ZIP 72379 presents itself as a market with strong homeownership tendencies and potentially constrained rental options. The defined FMR without corresponding market rent data suggests that while there is a recognized benchmark for affordable rents, actual rental prices and the volume of rental activity remain unclear. Landlords and small-portfolio investors should consider these factors when evaluating investment opportunities in this area, focusing on the potential for rental scarcity to drive demand for available units.
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.