Location: Mississippi County, AR | Metro: Mississippi County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $630 |
| 1 Bedroom | $690 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,170 |
| 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 72426, located within the Mississippi County, AR metro, exhibits characteristics that suggest it could be considered a value pocket within its broader market context. The Fair Market Rent (FMR) for the area is set at $880 for fiscal year 2026, which is notably higher than the actual market rent of $518. This discrepancy indicates that landlords in 72426 might benefit from the higher FMR rates when renting to tenants who participate in the Section 8 program.
The absence of a listed home value for ZIP 72426 implies that residential property pricing data may not be readily available or consistent in this area, possibly due to limited sales activity. However, the 24.7% share of renters in the ZIP code is a significant indicator. Typically, a higher percentage of renters can correlate with an increased presence of Section 8 tenants, making it an attractive location for those interested in participating in the housing assistance program.
In comparison to other ZIP codes within Mississippi County, AR, where FMRs likely align more closely with market rents, 72426 stands out as offering a potential cost advantage for landlords. The lower market rent suggests that properties in this ZIP code may be undervalued relative to the metro area, making them potentially lucrative investments for those willing to cater to Section 8 tenants.
Given the data, ZIP 72426 appears to be a value pocket within the Mississippi County, AR metro. Its below-average market rent coupled with a substantial renter share makes it a prime candidate for landlords looking to maximize their returns through the Section 8 program. The higher FMR compared to the actual market rent further supports this classification, indicating that landlords could receive above-average rental income when dealing with Section 8 tenants.
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.