Section 8 Fair Market Rent (FMR) for ZIP 72433 - 2027

Location: Lawrence County, AR | Metro: Lawrence County, AR

Investment Score for ZIP 72433

N/A
Monthly Rent (2BR)
$950
Median Price (2BR)
$N/A
1% Rule
0%
Annual Yield
0%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$680
1 Bedroom$730
2 Bedrooms$950
3 Bedrooms$1,230
4 Bedrooms$1,590
5 Bedrooms$1,844
6 Bedrooms$2,065
7 Bedrooms$2,230
8 Bedrooms$2,342

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
3BR $1,230 $131,976 0.93% C

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
2,723
Median Household Income
$36,473
Housing Units
1,380
Renter Percentage
34.8%
Occupancy Rate
89.8%
Renter Occupied
431

ZIP 72433, located in Lawrence County, AR, serves as a cash-flow anchor within a Section 8 portfolio strategy. This designation is based on the favorable financial metrics that support stable, predictable rental income. The Fair Market Rent (FMR) for a $950 metro area in fiscal year 2026 stands at $950, which is significantly higher than the local market rent of $661. This creates a spread of $289, indicating that properties in this ZIP code can generate above-market rents when aligned with Section 8 guidelines.

The median home value in ZIP 72433 is $99,025, suggesting that the area has relatively affordable housing options. This makes it an attractive location for low-income tenants who qualify for Section 8 assistance. The program guarantees a steady stream of rental payments, reducing the risk of vacancy and delinquency that might otherwise affect cash flow.

Despite the absence of specific data regarding appreciation potential (with N/A% price-cut share and N/A-day days on market), the strong cash-flow characteristics make this ZIP a reliable component of a diversified investment strategy. With a 34.8% renter share, there is a substantial demand for rental properties, and the median income of $36,473 aligns well with the income limits typically associated with Section 8 eligibility. This ensures a consistent tenant pool that can benefit from the housing subsidy.

In conclusion, ZIP 72433 should be considered a cash-flow anchor due to the significant spread between the FMR and the local market rent, coupled with the affordability of homes and the alignment with Section 8 tenant demographics. Landlords and small-portfolio investors can expect stable returns and reduced operational risks by focusing on this ZIP code.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.