Section 8 Fair Market Rent (FMR) for ZIP 72730 - 2027

Location: Fayetteville-Springdale-Rogers, AR | Metro: Fayetteville-Springdale-Rogers, AR MSA

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,140
1 Bedroom	$1,320
2 Bedrooms	$1,570
3 Bedrooms	$2,170
4 Bedrooms	$2,620
5 Bedrooms	$3,039
6 Bedrooms	$3,404
7 Bedrooms	$3,676
8 Bedrooms	$3,860

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

11,570

Median Household Income

$91,731

Housing Units

4,522

Renter Percentage

23.5%

Occupancy Rate

97.5%

Renter Occupied

1,035

Housing Authorities Serving ZIP 72730

Fayetteville Housing Authority (Fayetteville, AR) - 759 Section 8 vouchers
Springdale Housing Authority (Springdale, AR) - 159 Section 8 vouchers
Housing Authority of the City of Fayetteville (Fayetteville, AR)

ZIP 72730, located in Farmington, AR, within the Fayetteville-Springdale-Rogers, AR MSA metro area, serves as an ideal cash-flow anchor for a Section 8 portfolio strategy. The Family Monthly Rent (FMR) for FY 2024 stands at $1280, significantly lower than the market median monthly rent of $1,718. This creates a spread of $438 per month, which can be leveraged to ensure steady and predictable cash flow.

The median home value in ZIP 72730 is $336,570, indicating that properties are relatively affordable. This affordability supports the viability of Section 8 tenants who often have limited financial resources. Landlords can secure properties at reasonable prices and benefit from the government-subsidized rents without worrying about the volatility associated with higher-priced markets.

Cash Flow: The consistent rental income provided by the Section 8 program ensures that landlords receive regular payments, reducing the risk of non-payment and providing a stable source of revenue.
Market Stability: With a price-cut share of only 0.3%, the market in ZIP 72730 is highly stable, suggesting that there is little need for drastic reductions in asking prices to attract tenants. Additionally, the N/A-day DOM (Days on Market) implies that listings typically do not remain vacant for long periods, further supporting the reliability of cash flow.
Economic Context: The median income of $91,731 suggests a broader economic stability in the area, making it easier for landlords to manage their investments without significant financial strain.

While ZIP 72730 does offer some potential for appreciation, given the low price-cut share and stable market conditions, the primary strategic advantage lies in its role as a cash-flow anchor. The diversifier aspect is less compelling due to the high median income, which may limit the number of eligible Section 8 tenants. Therefore, focusing on the cash-flow benefits provides a solid foundation for any Section 8 portfolio strategy in this region.

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.