Section 8 Fair Market Rent (FMR) for ZIP 72865 - 2027

Location: Logan County, AR | Metro: Logan County, AR

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$640
1 Bedroom	$840
2 Bedrooms	$910
3 Bedrooms	$1,200
4 Bedrooms	$1,520
5 Bedrooms	$1,763
6 Bedrooms	$1,975
7 Bedrooms	$2,133
8 Bedrooms	$2,240

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,040

Median Household Income

$82,045

Housing Units

473

Renter Percentage

3.9%

Occupancy Rate

86.3%

Renter Occupied

The ZIP code 72865, located in the heart of rural Arkansas, offers a unique opportunity for real estate investors looking to diversify their portfolios beyond urban centers. This area is characterized by its modest size and relatively stable economy, which can be attractive for those seeking low-risk investments.

Fair Market Rent (FMR): The Fair Market Rent for ZIP 72865, as projected by HUD for fiscal year 2026, stands at $880. This figure represents the maximum amount that a tenant receiving Section 8 assistance can pay towards rent, indicating a cap on rental income for subsidized units.
Market Rent: According to Census ACS data, the average market rent in this ZIP code is $579. This suggests that landlords might have room to increase rents slightly above the market average if they can offer higher quality properties or amenities.
Renter Share: Only 3.9% of households in ZIP 72865 are renters, which is significantly lower than the national average. This low percentage implies a smaller pool of potential tenants, particularly those seeking Section 8 housing.
Median Income: The median household income in this ZIP code is $82,045, which is notably higher than the state average but still below the national median. This income level suggests that while there is a need for affordable housing, the demand for Section 8 units might be limited due to the relatively high income levels.

Investors considering properties in ZIP 72865 should recognize the area's potential for stable returns, given the projected Fair Market Rent and the current market rent levels. However, the low renter share indicates a competitive market for finding tenants, especially those eligible for Section 8. The higher-than-average median income points to a robust local economy, which could support property values and rental rates, but also means that many residents may not require government subsidies for housing. In summary, while the area presents opportunities for steady investment, it demands careful consideration of the local rental market dynamics and the availability of Section 8 participants.

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.