Location: Newton County, AR | Metro: Newton County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $690 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $980 |
| 3 Bedrooms | $1,170 |
| 4 Bedrooms | $1,640 |
| 5 Bedrooms | $1,902 |
| 6 Bedrooms | $2,130 |
| 7 Bedrooms | $2,300 |
| 8 Bedrooms | $2,415 |
U.S. Census Bureau data (2024)
The ZIP code 72666 stands out due to its unique data profile, which includes a relatively small resident population of 354 individuals, with only 12.9% of them renting their homes. The median income for this area is reported at $34,444, indicating a modest economic status among the residents. Notably, the median home value is not available, suggesting that either there is limited data or the majority of the housing stock does not fit into typical valuation metrics.
Moving to the specifics of Section 8 vouchers, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $950. This figure represents the maximum amount that a landlord can charge for a rental property participating in the Section 8 program. However, the current market rent for ZIP 72666 is also not available, making it difficult to compare the FMR against actual market conditions. This absence of market data could imply a lack of active rental listings or a very low turnover rate in the rental market.
In terms of stability, the data signature for ZIP 72666 suggests a transitional environment. With a small population and a low percentage of renters, the dynamics of the rental market are likely influenced by factors such as seasonal changes, local employment trends, or demographic shifts. The lack of median home value and market rent data further supports the notion of a market that is evolving or has characteristics that do not align well with standard statistical measures. Landlords and small-portfolio investors should be cautious and consider these factors when evaluating the potential for long-term stability or growth in this ZIP code.
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.