Location: Logan County, AR | Metro: Logan County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,030 |
| 3 Bedrooms | $1,380 |
| 4 Bedrooms | $1,490 |
| 5 Bedrooms | $1,728 |
| 6 Bedrooms | $1,935 |
| 7 Bedrooms | $2,090 |
| 8 Bedrooms | $2,195 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 72835, located in the Logan County, AR metro area, reveals several key insights. The HUD Fair Market Rent (FMR) for the region is set at $970 for fiscal year 2026. However, the lack of available market rent data makes direct comparisons challenging. Assuming the HUD FMR accurately reflects the local rental market, voucher tenants would likely cashflow at this rate, given the absence of evidence suggesting otherwise.
To further analyze the investment potential, consider the median home value of $190,044. This figure allows us to calculate a rough rent-to-price ratio, which is a useful metric for understanding how rental income compares to property values. Using the HUD FMR, the annual rent would be approximately $11,640, leading to a rent-to-price ratio of about 6.1%. This ratio suggests that the rental income could cover mortgage payments and operating expenses, assuming typical financing terms and costs.
The dynamics of rent versus buy in ZIP 72835 are also important. With the median days on market (DOM) being N/A and the percentage of homes that had their price cut being N/A%, it's difficult to gauge the exact competition between buying and renting. Nonetheless, the relatively low median home value indicates that many residents might find owning a home more attractive than renting, potentially affecting demand for rentals.
In conclusion, the strongest investor angle in ZIP 72835 is likely to be cashflow. Given the HUD FMR and the median home value, rental properties can generate sufficient income to cover expenses and provide a steady return. While appreciation and stability are also factors, the ability to maintain positive cashflow with voucher tenants at the current FMR is a compelling advantage for Section 8 investors.
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.