Section 8 Fair Market Rent (FMR) for ZIP 72687 - 2027

Location: Searcy County, AR | Metro: Boone County, AR

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$710
1 Bedroom$800
2 Bedrooms$1,000
3 Bedrooms$1,260
4 Bedrooms$1,400
5 Bedrooms$1,624
6 Bedrooms$1,819
7 Bedrooms$1,965
8 Bedrooms$2,063

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
6,238
Median Household Income
$53,911
Housing Units
3,182
Renter Percentage
17.7%
Occupancy Rate
83.6%
Renter Occupied
471

Housing Authorities Serving ZIP 72687

17.7% of Yellville, AR's residents are renters, indicating a moderate demand for rental properties in the area. The $970 Fair Market Rent (FMR) for the metro area in fiscal year 2026 is significantly higher than the $884 market rent reported by the Census ACS, suggesting that landlords can potentially charge above the market average if they maintain high-quality standards. However, with a median income of $53,911, it's important to note that many local tenants might struggle to meet the higher FMR, making subsidies like Section 8 crucial. The median home value stands at $207,106, which is relatively stable and could be a positive sign for long-term investment. Despite the lack of specific data on days on market (DOM), the 0.2% price-cut share indicates that few properties are being discounted, which suggests a strong local real estate market. For landlords and small-portfolio investors, Yellville presents an opportunity to leverage the gap between the FMR and the market rent through Section 8 participation. Verdict: Invest in Section 8 for stability and profitability.

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.