Section 8 Fair Market Rent (FMR) for ZIP 72469 - 2027

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

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$710
1 Bedroom$760
2 Bedrooms$1,000
3 Bedrooms$1,290
4 Bedrooms$1,660
5 Bedrooms$1,926
6 Bedrooms$2,157
7 Bedrooms$2,330
8 Bedrooms$2,447

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
1,050
Median Household Income
$44,421
Housing Units
515
Renter Percentage
23.6%
Occupancy Rate
89.7%
Renter Occupied
109

The real estate landscape in ZIP code 72469 presents a unique set of conditions that both landlords and small-portfolio investors should consider when making decisions about property acquisition, rental pricing, and long-term investment strategies.

With the median home value currently unavailable, it's important to look at other indicators such as the percentage of listings that have been reduced and the median days on market (DOM). These figures being N/A suggest either a very stable market with little fluctuation or an insufficient amount of recent sales data to draw reliable conclusions. However, the latter scenario would imply that there might be a lack of recent activity, which could point towards a slower market where sellers are less likely to find immediate buyers.

Moving to the rental side, the Fair Market Rent (FMR) for ZIP 72469 is projected at $1,020 for fiscal year 2026, while the current market rent stands at $725 according to Census ACS data. This gap indicates potential upward pressure on rents, as the FMR suggests a higher benchmark that landlords may aim to achieve. Investors should prepare for gradual increases in rental rates to align with the FMR projections, enhancing their income potential over the next 12-24 months.

The setup implied by the data suggests that landlords and investors may have some pricing power on the rental side, especially if they can offer properties that meet or exceed the quality standards expected by tenants willing to pay closer to the FMR. However, the lack of definitive information on the median home value and the percentage of listings reduced does not provide a strong basis for anticipating significant changes in property values in the near term. For long-hold investors, the appreciation thesis is therefore less robust and should be approached with caution, focusing instead on steady rental income growth as the primary driver of returns.

To summarize, the current environment in ZIP 72469 points to a market where rental pricing could increase to meet FMR levels, providing a clear path for improving cash flow. On the other hand, the absence of detailed home value data limits the ability to forecast substantial property appreciation, making rental income the more predictable component of investment performance.

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.