Location: Randolph County, AR | Metro: Randolph County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $670 |
| 1 Bedroom | $720 |
| 2 Bedrooms | $940 |
| 3 Bedrooms | $1,210 |
| 4 Bedrooms | $1,550 |
| 5 Bedrooms | $1,798 |
| 6 Bedrooms | $2,014 |
| 7 Bedrooms | $2,175 |
| 8 Bedrooms | $2,284 |
U.S. Census Bureau data (2024)
The ZIP code 72449 stands out due to its unique demographic and economic characteristics. With only 193 residents, it has an extremely low rental rate at 9.5%, indicating that the majority of the population owns their homes. However, critical economic data such as median income and median home value are not available, suggesting limited financial transparency within this community.
Moving into the specifics of voucher economics, the Fair Market Rent (FMR) for ZIP 72449 is set at $890 for the fiscal year 2026. This figure is based on the metro area's assessment and serves as a benchmark for rental assistance under the Section 8 program. The absence of market rent data makes direct comparisons challenging, but the FMR provides a clear guideline for landlords and small-portfolio investors who wish to participate in the Section 8 program.
The data signature for ZIP 72449 reads as transitional. The lack of comprehensive economic data points to potential changes in the community's structure or recent developments that have yet to be fully captured statistically. Landlords should consider the low rental rate and the FMR of $890 when setting their rents and deciding whether to accept Section 8 vouchers. Given the limited availability of residents seeking rental accommodations, landlords might find the Section 8 program a stable source of tenants, especially if they offer competitive rates within the FMR guidelines.
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.