Section 8 Fair Market Rent (FMR) for ZIP 72435 - 2027

Location: Clay County, AR | Metro: Clay County, AR

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$670
1 Bedroom$720
2 Bedrooms$920
3 Bedrooms$1,230
4 Bedrooms$1,370
5 Bedrooms$1,589
6 Bedrooms$1,780
7 Bedrooms$1,922
8 Bedrooms$2,018

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
224
Median Household Income
$97,637
Housing Units
183
Renter Percentage
6.9%
Occupancy Rate
79.2%
Renter Occupied
10

The ZIP code 72435 presents an interesting scenario for real estate investors, particularly those interested in Section 8 properties. With a Fair Market Rent (FMR) of $890 for the fiscal year 2026, this area offers a clear indication of rental yields. However, the lack of data on market rents and home values makes it challenging to fully assess the potential profitability of non-assisted housing investments in this region.

On the stability axis, the picture becomes clearer. Only 6.9% of the population are renters, suggesting a relatively low demand for rental properties. This percentage is significantly lower compared to national averages, which often hover around 35%. Additionally, the median household income stands at $97,637, indicating a higher economic stability within the community. This figure suggests that tenants may have better financial standing, potentially leading to more reliable rental payments.

Given these figures, ZIP 72435 leans towards being a steady-cashflow zone rather than a high-yield/low-stability market. The lower percentage of renters implies a smaller pool of potential tenants, but the higher income levels suggest that those who do rent are likely to be financially stable. This combination reduces the risk of vacancy and delinquency, making it suitable for investors looking for consistent returns over time.

To summarize, while the yield cannot be fully assessed due to missing data on market rents and home values, the stability indicators point towards a market where Section 8 properties can provide a predictable and steady cash flow. The FMR of $890 provides a solid base for rental income, and the average income level of $97,637 supports the likelihood of timely and consistent rent payments.

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.