Location: Searcy County, AR | Metro: Searcy County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $640 |
| 1 Bedroom | $710 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,220 |
| 4 Bedrooms | $1,320 |
| 5 Bedrooms | $1,531 |
| 6 Bedrooms | $1,715 |
| 7 Bedrooms | $1,852 |
| 8 Bedrooms | $1,945 |
U.S. Census Bureau data (2024)
The ZIP code 72669 presents several challenges for potential Section 8 landlords. Firstly, the tenant turnover rate is unknown, but the market rent being lower than the $880 Fair Market Rent (FMR) for fiscal year 2026 suggests that landlords can expect stable occupancy rates if they align their rental prices with the FMR. However, the lack of data on the average days on market (DOM) for vacancies makes it difficult to assess the potential financial impact of periods without tenants. This uncertainty can lead to significant cash flow disruptions.
Additionally, the deferred maintenance exposure is a concern due to the unspecified typical home value and the relatively low median income of $42,109. Landlords must be prepared to invest in property upkeep to maintain standards and avoid penalties. The lower income levels indicate that tenants may struggle with paying for utilities or unexpected costs, which could result in additional strain on landlords.
Despite these risks, the ZIP code has a high renter share at 12.3%, which typically translates into higher demand for rental properties. This demand often includes Section 8 vouchers, making it easier for landlords to find qualified tenants who can pay consistently through the voucher program. The combination of a stable voucher program and a high renter concentration helps mitigate some of the risks associated with vacancy and maintenance.
Verdict: Moderate risk for a first-time Section 8 landlord.
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.