Location: Marion County, AR | Metro: Marion County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $650 |
| 1 Bedroom | $730 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,140 |
| 4 Bedrooms | $1,270 |
| 5 Bedrooms | $1,473 |
| 6 Bedrooms | $1,650 |
| 7 Bedrooms | $1,782 |
| 8 Bedrooms | $1,871 |
U.S. Census Bureau data (2024)
The ZIP code 72677 stands out due to its unique mix of demographics and housing economics, making it an interesting area for landlords and small-portfolio investors. With only 896 residents, it has a small community where 25.6% of the population rents their homes. The median income in ZIP 72677 is $39,688, indicating a middle-income bracket, but the median home value is not available, suggesting that homeownership might be less common or that there's a significant disparity between rental and ownership costs.
The voucher economics in this ZIP code are particularly noteworthy. The Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $880, while the current market rent, based on Census ACS data, is $716. This gap means that landlords accepting Section 8 vouchers can expect to receive a higher rent than the typical market rate, providing a financial incentive to participate in the program. However, the difference also highlights the potential for increased competition among renters who rely on vouchers, which could affect vacancy rates and tenant selection processes.
The data signature for ZIP 72677 suggests a stable environment, with a consistent median income level and a clear distinction between market rents and FMRs. However, the lack of median home value data introduces some uncertainty about long-term trends in homeownership versus renting. For now, the economic conditions make it favorable for landlords to consider accepting Section 8 vouchers, given the higher guaranteed rent compared to the local market average.
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.