Section 8 Fair Market Rent (FMR) for ZIP 72857 - 2027

Location: Yell County, AR | Metro: Little Rock-North Little Rock-Conway, AR HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$890
1 Bedroom	$900
2 Bedrooms	$1,040
3 Bedrooms	$1,390
4 Bedrooms	$1,640
5 Bedrooms	$1,902
6 Bedrooms	$2,130
7 Bedrooms	$2,300
8 Bedrooms	$2,415

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,190

Median Household Income

$44,907

Housing Units

828

Renter Percentage

29.7%

Occupancy Rate

73.9%

Renter Occupied

182

ZIP 72857, located in Yell County, AR, is an ideal diversifier for a Section 8 portfolio strategy. The renter share in this area stands at 29.7%, which is higher than many rural areas, indicating a strong demand for rental properties. This makes ZIP 72857 suitable for expanding your tenant base and reducing reliance on a single type of income source.

The median income of $44,907 in ZIP 72857 is moderate, aligning well with the financial qualifications required by the Section 8 program. Landlords can expect a steady stream of qualified applicants who meet the income criteria for housing assistance. Moreover, the Fair Market Rent (FMR) for a two-bedroom apartment in this ZIP code for fiscal year 2024 is set at $830, while the market rent is lower at $425. This suggests that landlords participating in the Section 8 program can potentially charge closer to the FMR rate, thereby maximizing their rental income relative to the local market conditions.

Despite the lack of specific data on price-cut shares and days on market (DOM), the high renter share and moderate median income provide a compelling case for diversification. By including ZIP 72857 in your portfolio, you can balance risk and reward, ensuring that you are not overly exposed to any particular market dynamics or economic shifts.

To further illustrate, consider the following points:

Demand Stability: With a significant portion of residents renting, there is consistent demand for rental properties, which helps stabilize cash flow.
Income Alignment: The median income level is appropriate for Section 8 participants, ensuring a pool of eligible tenants.
Rental Income Potential: The disparity between the FMR ($830) and market rent ($425) allows for higher rental rates compared to typical market conditions, enhancing profitability.

In conclusion, ZIP 72857 offers a strategic opportunity for diversification within a Section 8 portfolio. It provides a stable tenant market and potential for higher rental income, making it a valuable addition to any investment strategy focused on this program.

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.