Section 8 Fair Market Rent (FMR) for ZIP 72443 - 2027

Location: Greene County, AR | Metro: Greene County, AR

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$650
1 Bedroom$760
2 Bedrooms$910
3 Bedrooms$1,250
4 Bedrooms$1,520
5 Bedrooms$1,763
6 Bedrooms$1,975
7 Bedrooms$2,133
8 Bedrooms$2,240

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
2,649
Median Household Income
$51,230
Housing Units
1,312
Renter Percentage
30.8%
Occupancy Rate
86.3%
Renter Occupied
349

The classification of ZIP code 72443 hinges on its balance of yield potential and market stability, key metrics for real estate investors. The Federal Market Rent (FMR) for the metro area in fiscal year 2026 stands at $880, while the local market FMR is $760. This discrepancy indicates a higher potential rental yield when comparing the metro average to the local figure. However, the median home value in ZIP 72443 is $166,644, which suggests that property values are relatively low, potentially impacting capital appreciation opportunities.

On the stability axis, ZIP 72443 shows a 30.8% rate of renters, indicating a moderate level of demand for rental properties. Unfortunately, the data does not provide an exact Days on Market (DOM) figure, but the average household income of $51,230 gives insight into the economic capacity of residents to pay rent. This income level is critical for assessing the likelihood of timely rent payments and tenant turnover rates.

Based on these figures, ZIP 72443 leans towards being a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The rental yield, driven by the difference between the metro ($880) and local ($760) FMRs, is favorable for generating consistent income. However, the low median home value ($166,644) and the moderate renter population percentage (30.8%) suggest limited upside for flipping properties quickly. The stability factor, while lacking precise DOM data, is bolstered by the reasonable household income ($51,230), which supports a steady flow of rental payments and minimizes the risk of vacancies.

To summarize, the investment strategy for ZIP 72443 should focus on acquiring properties that can generate reliable rental income, given the favorable FMR spread and moderate renter population. While there's potential for yield, the market conditions do not strongly support rapid flips due to lower property values and the absence of data indicating quick sales cycles. Investors should prioritize properties that offer good rental returns and are situated in areas where the $51,230 average income supports tenancy.

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.