Location: Fayetteville-Springdale-Rogers, AR | Metro: Fayetteville-Springdale-Rogers, AR MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,040 |
| 1 Bedroom | $1,190 |
| 2 Bedrooms | $1,420 |
| 3 Bedrooms | $1,970 |
| 4 Bedrooms | $2,370 |
| 5 Bedrooms | $2,749 |
| 6 Bedrooms | $3,079 |
| 7 Bedrooms | $3,325 |
| 8 Bedrooms | $3,491 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,420 | $477,501 | 0.3% | F |
| 3BR | $1,970 | $398,159 | 0.49% | F |
| 4BR | $2,370 | $601,353 | 0.39% | F |
| 5BR | $2,749 | $929,716 | 0.3% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 72712, which includes Bentonville, Arkansas, is set at $1250 for the fiscal year 2024. This figure represents the payment standard for Section 8 housing vouchers, meaning that voucher holders will receive up to $1250 per month to cover their rent. However, this does not necessarily reflect the actual market rent in the area.
According to the Zillow Observed Rent Index (ZORI), the average rent in ZIP 72712 is $1,582 per month. This indicates that the FMR is below the local average, suggesting that landlords participating in the Section 8 program might need to adjust their expectations regarding rental income.
The 41.5% renter share in ZIP 72712 highlights a significant portion of the population who rely on rental properties. This high percentage signals strong demand for affordable housing units, including those that accept Section 8 vouchers.
When considering the acquisition cost of a property in this area, a typical price point is around $509,329. Given the FMR and ZORI figures, it's important to understand that while you won't be charging $1,582 per month directly to your tenant, you can still attract tenants who value the security and affordability of Section 8 housing.
Before proceeding with your first Section 8 rental in ZIP 72712, ensure that your property meets all the necessary inspection criteria. The Housing Quality Standards (HQS) must be met to qualify for the program, and failing to do so could delay your participation and income from the rental.
In summary, the FMR of $1250 is the maximum amount that voucher holders can pay towards rent, while the ZORI of $1,582 reflects the local market average. With a 41.5% renter share, there is ample demand for rental properties. For an investment of approximately $509,329, you should verify that your property meets HQS standards to avoid any setbacks.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.