Location: Fulton County, AR | Metro: Fulton County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $990 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,480 |
| 5 Bedrooms | $1,717 |
| 6 Bedrooms | $1,923 |
| 7 Bedrooms | $2,077 |
| 8 Bedrooms | $2,181 |
U.S. Census Bureau data (2024)
The ZIP code 72539 presents several challenges for potential Section 8 landlords. Firstly, tenant turnover can be a significant issue due to the disparity between the market rent and the Fair Market Rent (FMR) of $940 set for fiscal year 2026. This difference makes it difficult to attract tenants who might prefer higher market rents, leading to increased turnover rates.
Secondly, vacancy exposure is a concern as there is no data available on the days on market (DOM), which would typically indicate how quickly properties are rented. A longer DOM can mean extended periods without rental income, putting financial strain on landlords.
Lastly, deferred maintenance exposure is notable. With a median income of $85,625, residents have the means to maintain their homes, but without knowing the typical home value, it's challenging to assess the overall condition of the housing stock. This uncertainty can lead to higher-than-expected maintenance costs, especially if the homes are older or poorly maintained.
However, these risks must be weighed against the fact that there is a 0.0% renter share in ZIP 72539. High renter density usually correlates with a higher demand for Section 8 vouchers. Despite the lack of renters, the presence of individuals with the financial capability to maintain homes suggests that those who do rent might be more stable and reliable.
In conclusion, the risk for a first-time Section 8 landlord in ZIP 72539 is moderate.
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.