Section 8 Fair Market Rent (FMR) for ZIP 72744 - 2027

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

Investment Score for ZIP 72744

D
Monthly Rent (2BR)
$1,220
Median Price (2BR)
$185,714
1% Rule
0.66%
Annual Yield
7.88%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$910
1 Bedroom$1,030
2 Bedrooms$1,220
3 Bedrooms$1,690
4 Bedrooms$2,040
5 Bedrooms$2,366
6 Bedrooms$2,650
7 Bedrooms$2,862
8 Bedrooms$3,005

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,220 $185,714 0.66% D
3BR $1,690 $246,509 0.69% D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
5,520
Median Household Income
$65,850
Housing Units
2,238
Renter Percentage
30.4%
Occupancy Rate
91.9%
Renter Occupied
625

The market in ZIP 72744, Lincoln, AR, is characterized by a close alignment between the Fair Market Rent (FMR) and the actual market rent, suggesting a stable environment. With an FMR of $1080 for fiscal year 2024 and a market rent of $1,097 according to the latest Census ACS data, landlords can expect consistent returns on their investments. The low price-cut share of 0.2% indicates that properties are generally valued at their listed prices, implying strong seller's confidence and little need for significant price adjustments.

The median home value of $254,825 reflects the overall affordability of the area, which can attract both renters and buyers. However, the fact that the day's Days on Market (DOM) is listed as N/A suggests either limited data availability or a market where homes are selling quickly, further supporting the notion of strong demand.

A key indicator of the market dynamics is the 30.4% renter share. This figure points to a substantial portion of the population choosing to rent rather than buy, which can exert long-term pressure on rental markets. As the number of renters increases, so does the demand for rental properties, potentially leading to upward pressure on rents and occupancy rates. For landlords and small-portfolio investors, this means that the rental market is likely to remain robust, providing steady income streams without the volatility often seen in areas with higher home ownership rates.

The combination of these factors—stable rent levels, minimal price-cutting, quick sales, and a high renter share—paints a picture of a market where demand meets supply closely. While there isn't enough data to definitively state whether supply outpaces demand or vice versa, the signs point towards a balanced yet dynamic market. Landlords should focus on maintaining quality properties and competitive pricing to capitalize on this demand.

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.