Location: Independence County, AR | Metro: Independence County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $670 |
| 1 Bedroom | $750 |
| 2 Bedrooms | $940 |
| 3 Bedrooms | $1,230 |
| 4 Bedrooms | $1,240 |
| 5 Bedrooms | $1,438 |
| 6 Bedrooms | $1,611 |
| 7 Bedrooms | $1,740 |
| 8 Bedrooms | $1,827 |
U.S. Census Bureau data (2024)
The ZIP code 72527, located within the Independence County, AR metro area, has a Federal Market Rent (FMR) of $900 for fiscal year 2026. This figure is crucial for landlords and small-portfolio investors as it indicates the maximum amount that can be charged for a rental property under the Section 8 program.
While specific market rent and home value data are not available for ZIP 72527, we can infer its position within the metro based on the FMR and the 14.6% renter share. The FMR of $900 suggests that 72527 is likely a mid-tier neighborhood within the Independence County, AR metro. This is because the FMR reflects government-set standards that are generally lower than market rents but higher than the lowest possible rental rates.
The 14.6% renter share is slightly above average for many rural areas, which typically have a lower percentage of renters compared to urban centers. However, without specific market rent and home value data, it's challenging to definitively categorize 72527 as either a value pocket or a premium sub-market. If the market rents were significantly higher than $900, it would suggest a premium sub-market where Section 8 properties offer a competitive advantage. Conversely, if market rents are close to or below the FMR, it might indicate a value pocket, appealing to budget-conscious tenants.
To determine if 72527 represents a Section 8 sweet spot, consider the potential divergence between the high renter share and the lack of specific market rent and home value data. High renter shares can often signal a concentration of tenants eligible for Section 8, which could make the area attractive for landlords participating in the program. However, this attractiveness depends on the actual market conditions, which are currently unknown for this ZIP code.
In conclusion, ZIP 72527 appears to be a mid-tier neighborhood within the Independence County, AR metro, given its FMR of $900. Its 14.6% renter share hints at a potentially favorable environment for Section 8 participation, though more specific local market data would provide clearer insights into its exact positioning as a value pocket or premium sub-market.
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.