Section 8 Fair Market Rent (FMR) for ZIP 72639 - 2027
Location: Searcy County, AR | Metro: Searcy County, AR
FY 2027 Fair Market Rent Rates
| Unit Size |
Monthly FMR |
| Studio | $680 |
| 1 Bedroom | $740 |
| 2 Bedrooms | $950 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,330 |
| 5 Bedrooms | $1,543 |
| 6 Bedrooms | $1,728 |
| 7 Bedrooms | $1,866 |
| 8 Bedrooms | $1,959 |
Demographics & Housing Statistics
U.S. Census Bureau data (2024)
Median Household Income
$46,597
To determine if you should invest in ZIP code 72639 for Section 8 properties, follow this decision tree:
- Does the FMR of $920 (for the metro area in fiscal year 2026) cover the debt service on a property?
- If yes, proceed to the next question.
- If no, do not invest in this ZIP code for Section 8 properties.
- Is the market rent above, at, or below the FMR?
- If market rent is above the FMR, it depends on how much higher and the local demand for Section 8 housing.
- If market rent is at the FMR, consider the stability of rental prices and the demand for Section 8 units.
- If market rent is below the FMR, it indicates that Section 8 may be the only viable option for renting out your property.
- Are the 12.1% of renters and the N/A-day days on market (DOM) sufficient to meet demand?
- If the DOM is low (indicating quick leasing), and the percentage of renters is stable or growing, then there is likely enough demand for Section 8 properties in this ZIP code.
- If the DOM is high, despite the 12.1% of renters, it suggests that there might be challenges in finding tenants willing to accept Section 8 vouchers.
- The decision ultimately hinges on whether the combination of FMR coverage and local market conditions supports a sustainable investment. If the FMR does not cover debt service, regardless of demand, investing would not be advisable.
Note: The specific data points such as market rent and days on market were marked as 'N/A', indicating they are not available or relevant for this analysis. To make an informed decision, you must obtain these details.
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.