Location: Fayetteville-Springdale-Rogers, AR | Metro: Fayetteville-Springdale-Rogers, AR MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $910 |
| 1 Bedroom | $1,010 |
| 2 Bedrooms | $1,220 |
| 3 Bedrooms | $1,690 |
| 4 Bedrooms | $2,000 |
| 5 Bedrooms | $2,320 |
| 6 Bedrooms | $2,598 |
| 7 Bedrooms | $2,806 |
| 8 Bedrooms | $2,946 |
U.S. Census Bureau data (2024)
840 dollars is the Fair Market Rent (FMR) for ZIP code 72776 as of fiscal year 2024, indicating the maximum amount that can be charged for a Section 8 voucher holder. Despite the N/A for market rent, which suggests limited data on recent rental transactions, the 43.7 percent renter share highlights a significant portion of the population relying on rentals. With a median income of 21,607 dollars, many residents likely qualify for assistance programs such as Section 8. The absence of data for days on market (DOM) and the percentage of price-cut share does not provide insights into the local housing market's speed or competitiveness, but the FMR and renter share offer enough context for investment decisions. Landlords in ZIP 72776 should ensure their rental properties meet the quality standards required for Section 8 participation to attract these tenants. Given the high proportion of renters and the relatively low median income, participating in the Section 8 program could stabilize cash flows and reduce vacancy rates. However, the lack of specific market rent data means landlords must carefully assess their property values against the FMR to avoid undervaluing their assets. The verdict for Section 8 in ZIP 72776 is positive, as the high renter share and low median income suggest a strong demand for subsidized housing.
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.