Section 8 Fair Market Rent (FMR) for ZIP 72553 - 2027

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

FY 2027 Fair Market Rent Rates

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

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
112
Median Household Income
$36,944
Housing Units
48
Renter Percentage
35.4%
Occupancy Rate
100.0%
Renter Occupied
17
Based on the available data and the lack of specific real estate market information for ZIP 72553, it's challenging to provide precise figures such as the Fair Market Rent (FMR), market prices, or median home values. However, we can still analyze ZIP 72553 within a Section 8 portfolio strategy using the given parameters.

ZIP 72553, located in Independence County, Arkansas, should be considered primarily as a diversifier within a Section 8 portfolio strategy. This classification is based on the significant renter share of 35.4%, which indicates a substantial portion of the population relies on rental housing. Additionally, the median income of $36,944 aligns well with the income eligibility requirements for Section 8 housing, making it a suitable target for this type of investment.

The high renter share suggests that there is a consistent demand for rental properties, which can provide steady cash flow for landlords and small-portfolio investors. With a median income figure that is relatively low compared to national averages, it's likely that many residents will qualify for Section 8 assistance, ensuring a stable tenant pool. This stability is crucial for maintaining positive cash flow, even if the potential for rapid appreciation is limited due to the lack of specific market data indicating strong growth trends.

A cash-flow anchor would typically require a significant spread between the Fair Market Rent and the actual market rents, as well as a robust appreciation trend. Given the absence of specific data regarding the Fair Market Rent and market prices for ZIP 72553, it's difficult to justify categorizing it as an anchor or an appreciation play. Instead, focusing on its role as a diversifier allows investors to balance their portfolios with properties that offer reliable returns rather than speculative gains.

To further support this diversification strategy, consider the following:

In conclusion, ZIP 72553 serves best as a diversifier in a Section 8 portfolio strategy, providing reliable cash flow and reducing risk by balancing investments across different market conditions.

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.