Location: Stone County, AR | Metro: Baxter County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $660 |
| 1 Bedroom | $720 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,450 |
| 5 Bedrooms | $1,682 |
| 6 Bedrooms | $1,884 |
| 7 Bedrooms | $2,035 |
| 8 Bedrooms | $2,137 |
U.S. Census Bureau data (2024)
The market in ZIP code 72519 presents a dynamic scenario that reflects both current conditions and potential future trends. With a Fair Market Rent (FMR) set at $890 for the fiscal year 2026, the government's benchmark for rental costs suggests a relatively stable or slightly increasing trend in rental affordability. This figure is notably higher than the actual market rent reported at $392 according to the Census American Community Survey (ACS), indicating a significant gap between what is considered fair and what tenants are currently paying.
The low 0.2% price-cut share signals that landlords are generally not having to reduce their asking rents to attract tenants, suggesting that demand is holding steady or even slightly exceeding supply. The median home value of $198,993 also points towards an accessible housing market for potential homeowners, which could be a factor in maintaining a balance between renters and owners.
A 20.0% renter share in the population indicates that a fifth of residents are renting, which can imply ongoing long-term housing pressure. This percentage suggests that a considerable portion of the population is not yet able to enter the homeownership market, possibly due to financial constraints or preference for renting. Such a demographic mix can create sustained demand for rental properties, benefiting landlords and small-portfolio investors who focus on rental income.
The lack of data on days on market (DOM) could mean that sales activity is either too sporadic or too low to provide meaningful insights into how quickly homes are selling. However, given the median home value and the FMR versus market rent discrepancy, it's reasonable to infer that the market is more favorable for landlords rather than sellers looking to offload properties at discounted rates. In essence, the dynamics of ZIP 72519 suggest a market where demand for rentals is strong, but homeownership remains within reach for many, creating a balanced environment for investment.
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.