Section 8 Fair Market Rent (FMR) for ZIP 72575 - 2027

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

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$660
1 Bedroom$740
2 Bedrooms$930
3 Bedrooms$1,220
4 Bedrooms$1,220
5 Bedrooms$1,415
6 Bedrooms$1,585
7 Bedrooms$1,712
8 Bedrooms$1,798

The analysis of ZIP code 72575, located in Unknown, AR, within Independence County's AR metro area, reveals several key points for potential Section 8 real-estate investors.

The first question to address is whether the rent math works. The Fair Market Rent (FMR) for the area, set at $890 for fiscal year 2026, is a critical figure. However, the lack of specific data on the current market rent makes it impossible to directly compare these values. Without this comparison, it's challenging to determine if the FMR aligns with what tenants can afford or what landlords could charge in a non-subsidized scenario.

Regarding the affordability of acquisition, the data provided does not specify the median home value, days on market (DOM), or the percentage of homes that have been listed with a price reduction. These metrics are essential for gauging how easy or difficult it might be to purchase properties at a reasonable cost. The absence of these figures means that potential investors cannot accurately assess the cost and time required to acquire properties in this area.

The third consideration is tenant demand. The ZIP code lacks specific population numbers and the percentage of residents who are renters. This absence of data makes it difficult to evaluate the size of the potential rental market and the competition for tenants.

In conclusion, while the Fair Market Rent of $890 provides a benchmark for Section 8 rental rates in ZIP code 72575, the lack of detailed market data, including median home values, days on market, price-cut percentages, and tenant demographics, hinders a comprehensive analysis. Investors must seek out additional, more granular data to make informed decisions about the viability of this area for Section 8 investments.

Data Sources: FMR data from HUD (2027).

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.