Section 8 Fair Market Rent (FMR) for ZIP 72711 - 2027

FY 2027 Fair Market Rent Rates

The area surrounding ZIP code 72711 in Arkansas is characterized by its rural setting, offering a blend of natural beauty and community living. This region is less densely populated compared to urban centers, which impacts both the housing market and the availability of rental properties. Here's a concise market analysis based on the available data points:

• Fair Market Rent (FMR): The Fair Market Rent for ZIP 72711 in fiscal year 2024 is set at $1210. This figure represents the maximum amount that low-income families should pay for decent, safe, and sanitary housing.
• Market Rent: Data on market rent for ZIP 72711 is currently unavailable, making it challenging to compare against the FMR or gauge the typical rental prices in the area.
• Median Home Value: There is no reported median home value for ZIP 72711, indicating that detailed property valuation data might be sparse due to the limited number of homes sold in the area.
• Renter Share: The percentage of the population that rents in ZIP 72711 is also unreported, suggesting that there may not be significant demand for rental units or that the data collection is insufficient to provide reliable statistics.
• Days on Market (DOM): The average days on market for listings in this ZIP code is unreported, which could mean that sales activity is low, or that the real estate market is relatively stable with quick sales.
• Median Income: The median income for households in ZIP 72711 is unreported, which limits our ability to assess the financial capacity of potential renters or buyers in the area.

In summary, ZIP 72711 presents a unique challenge for investors due to the lack of comprehensive market data. While the Fair Market Rent provides a benchmark for affordable housing, the absence of other key metrics such as market rent, median home value, and median income makes it difficult to fully evaluate the investment potential. Landlords and small-portfolio investors should proceed with caution and seek additional local insights before committing resources to this area.

Data Sources: FMR data from HUD (2027).

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.