Section 8 Fair Market Rent (FMR) for ZIP 72536 - 2027

Location: Izard County, AR | Metro: Izard County, AR

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$690
1 Bedroom$770
2 Bedrooms$960
3 Bedrooms$1,320
4 Bedrooms$1,550
5 Bedrooms$1,798
6 Bedrooms$2,014
7 Bedrooms$2,175
8 Bedrooms$2,284

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
460
Median Household Income
$60,714
Housing Units
225
Renter Percentage
0.5%
Occupancy Rate
88.9%
Renter Occupied
1

The classification of ZIP code 72536 hinges upon its unique blend of yield and stability metrics. With a Fair Market Rent (FMR) of $920 for the fiscal year 2026, the rental market in this area stands out for its potential yield, especially when considering that there is no available data on market rates or home values. This suggests that the FMR serves as a critical benchmark for rental pricing in the absence of other reliable indicators.

On the stability front, ZIP 72536 exhibits a relatively low percentage of renters at 0.5%, which might indicate limited demand for rental properties. Additionally, the lack of data on days on market (DOM) further complicates the assessment of property turnover rates. However, the median household income of $60,714 provides some assurance regarding the financial capacity of residents to sustain rental payments.

Given these factors, ZIP 72536 leans towards being a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The defined FMR ensures a predictable rental income, while the modest income level implies a stable tenant base capable of meeting their obligations. The absence of market rate and home value data introduces uncertainty but does not detract from the core stability offered by rental income predictability and resident financial health.

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.