Section 8 Fair Market Rent (FMR) for ZIP 72522 - 2027

Location: Independence County, AR | Metro: Independence County, AR

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$650
1 Bedroom$730
2 Bedrooms$920
3 Bedrooms$1,200
4 Bedrooms$1,200
5 Bedrooms$1,392
6 Bedrooms$1,559
7 Bedrooms$1,684
8 Bedrooms$1,768

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
191
Median Household Income
$36,591
Housing Units
88
Renter Percentage
37.5%
Occupancy Rate
100.0%
Renter Occupied
33

The real estate market in ZIP code 72522 presents a complex picture that requires careful consideration for both landlords and small-portfolio investors. The median home value is currently unavailable, which can make it challenging to gauge the overall health and trends of the housing market. However, we can observe that a significant portion of listings has been reduced, although the exact percentage is not available. This reduction indicates a potential shift towards a buyer's market where sellers might be lowering their prices to attract buyers.

Additionally, the median days on market (DOM) is also not available. Typically, a higher DOM suggests a slower market, where homes take longer to sell. If the DOM is indeed high, this would further support the notion of a buyer's market, giving buyers more leverage in negotiations and potentially signaling a period of price stagnation or decline ahead.

On the rental side, the Fair Market Rent (FMR) for ZIP 72522 is set at $880 for fiscal year 2026, but the current market rent figure is not available. Assuming the FMR accurately reflects the rental market conditions, landlords can expect stable rental income in the short term. However, without knowing the current market rent, it's difficult to assess whether there is room for growth or if the market is already saturated at or near the FMR level.

For long-term investors, the setup implied by the data suggests a cautious approach. Given the lack of clear appreciation potential due to the unavailability of key metrics such as median home value and current market rent, the focus should be on maintaining a steady cash flow through rentals rather than relying on capital appreciation. Investors should consider diversifying their portfolios or exploring other markets with clearer growth trajectories.

In summary, the combination of reduced listings and potentially high DOM points to a market where pricing power is likely to diminish. Landlords and small-portfolio investors must balance their expectations against the reality of the current data, focusing on stable rental yields and avoiding aggressive price increases that could lead to prolonged vacancy periods.

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.