Location: Sharp County, AR | Metro: Lawrence County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $670 |
| 1 Bedroom | $720 |
| 2 Bedrooms | $940 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,560 |
| 5 Bedrooms | $1,810 |
| 6 Bedrooms | $2,027 |
| 7 Bedrooms | $2,189 |
| 8 Bedrooms | $2,298 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 72466, located in Sharp County, Arkansas, reveals several key points regarding rental investment opportunities. The HUD Fair Market Rent (FMR) for the area is set at $880 for fiscal year 2026, which is notably higher than the current market rent of $625 as reported by the Census ACS.
This difference suggests that voucher tenants can generate positive cash flow at the HUD FMR rate, indicating a favorable financial situation for landlords who accept Section 8 vouchers. However, it's important to note that this comparison assumes all other factors remain constant and does not account for potential variations in individual unit values or market conditions.
The median home value for ZIP 72466 is listed as N/A, which complicates the derivation of a precise rent-to-price ratio. Nonetheless, the higher HUD FMR compared to the actual market rent implies that properties in this area can potentially be priced at a premium for voucher tenants, without significantly deviating from the overall market trends.
Regarding the days on market (DOM) and the percentage of homes that experience price cuts, both figures are listed as N/A. While these metrics would typically provide insight into the rent-versus-buy dynamics, their absence does not substantially impact the conclusion that voucher tenants can bring in positive cash flow due to the substantial gap between the HUD FMR and the market rent.
The strongest investor angle in this market is cash flow. Given the discrepancy between the HUD FMR and the local market rent, landlords accepting Section 8 vouchers can expect to see consistent, positive cash flow from their investments. This makes ZIP 72466 an attractive option for those looking to generate steady income through rental properties.
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.