Location: Stone County, AR | Metro: Searcy County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,180 |
| 3 Bedrooms | $1,640 |
| 4 Bedrooms | $1,660 |
| 5 Bedrooms | $1,926 |
| 6 Bedrooms | $2,157 |
| 7 Bedrooms | $2,330 |
| 8 Bedrooms | $2,447 |
U.S. Census Bureau data (2024)
The ZIP code 72680 encompasses a small rural community with a total population of 1,109 residents. Approximately 21.2% of these residents are renters, indicating a modest demand for rental properties. The median household income in this area stands at $43,668, which suggests that the local economy is somewhat constrained, potentially influencing the ability of residents to afford higher rents.
Regarding the rental market, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,200. However, specific market rent data for ZIP 72680 is currently unavailable, making it challenging to compare the FMR against actual market rates. This lack of precise market data could be indicative of a less active rental market or limited availability of rental properties in the area.
Given the characteristics of ZIP 72680, it may not be an ideal location for hands-off Section 8 voucher operators who seek areas with stable rental markets and a higher percentage of renters. Instead, the area might better suit hands-on investors willing to take on a value-add approach. These investors could focus on improving property values and enhancing the overall appeal of their properties to attract tenants willing to pay closer to the FMR rate of $1,200. Such an investment strategy would require a deeper understanding of the local market and possibly some renovation efforts to increase the attractiveness and value of the properties.
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.