Location: Stone County, AR | Metro: Cleburne County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $670 |
| 1 Bedroom | $740 |
| 2 Bedrooms | $950 |
| 3 Bedrooms | $1,240 |
| 4 Bedrooms | $1,260 |
| 5 Bedrooms | $1,462 |
| 6 Bedrooms | $1,637 |
| 7 Bedrooms | $1,768 |
| 8 Bedrooms | $1,856 |
U.S. Census Bureau data (2024)
3.4% of residents in ZIP 72550 are renters, indicating a modest demand for rental properties in the area. Given the $54,688 median income, potential tenants might find it challenging to afford higher rents, especially considering the N/A market rent figure suggests limited data on actual rental prices. However, the $890 Fair Market Rent (FMR) for metro FY 2026 provides a benchmark for landlords and small-portfolio investors looking to set competitive rental rates. This FMR is designed to reflect what is considered a reasonable rent based on local market conditions and can help ensure that properties are priced to attract tenants without being overly speculative.
The lack of specific data on days on market (DOM) and the percentage of price-cut share indicates that there may be less activity in the real estate market in ZIP 72550, which could mean fewer listings and potentially longer holding periods for investment properties. For investors focused on Section 8 housing, it's crucial to understand that the program is designed to provide rental assistance to low-income families, and the $890 FMR will be the ceiling for what the government will pay towards rent. This means that landlords must ensure their rental properties are priced at or below this amount to participate effectively in the Section 8 program.
Investors should also consider the broader economic context of ZIP 72550, where the median income is relatively low. This could impact the ability of residents to contribute to their rent beyond what the government subsidizes, making it important for landlords to have a thorough understanding of tenant selection and eligibility criteria. The modest renter share suggests that the market for rental properties may be smaller compared to other areas, but it also implies that there could be less competition among landlords, stabilizing the rental environment.
In conclusion, for ZIP 72550, the $890 FMR and $54,688 median income suggest that the Section 8 program can be a viable option for landlords willing to manage their expectations regarding rental income. The verdict on Section 8 in ZIP 72550 is positive for those seeking stable, government-backed rental agreements, though they must be prepared for a market with fewer opportunities and lower overall rental prices.
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.