Location: Stone County, AR | Metro: Izard County, AR
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $650 |
| 1 Bedroom | $720 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,520 |
| 5 Bedrooms | $1,763 |
| 6 Bedrooms | $1,975 |
| 7 Bedrooms | $2,133 |
| 8 Bedrooms | $2,240 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,260 | $216,803 | 0.58% | F |
U.S. Census Bureau data (2024)
The ZIP code 72556 is situated in a predominantly residential area with a population of 3,765. This neighborhood has a significant rental market, with 35.4% of residents being renters. The median household income in this area is $46,113, which is relatively modest compared to some other regions. The median home value stands at $181,010, indicating a middle-class community where homeownership is accessible but not without financial commitment.
Moving into the economic landscape of rentals, the Fair Market Rent (FMR) set by HUD for the metro area in fiscal year 2026 is $890. However, the current market rent, according to Census ACS data, is significantly lower at $601. This disparity between the FMR and the actual market rent suggests a potential opportunity for landlords who can leverage the higher FMR rates through participation in the Section 8 Housing Choice Voucher program.
Given these conditions, ZIP 72556 presents itself as an attractive location for both hands-off voucher operators and hands-on value-add buyers. For hands-off operators, the gap between the FMR and market rent means they can secure steady, government-backed income streams without the need for extensive property management. Meanwhile, for value-add buyers looking to improve properties and potentially command rents closer to the FMR, the current lower market rent provides a margin for investment and renovation.
In summary, ZIP 72556 offers a balanced mix of a stable rental market and financial incentives that cater to different types of investors. Whether you're seeking a passive income source or a chance to actively manage and enhance your investment, the data points to a favorable environment for Section 8 involvement.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.