Location: Scott County, AR | Metro: Scott County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,430 |
| 5 Bedrooms | $1,659 |
| 6 Bedrooms | $1,858 |
| 7 Bedrooms | $2,007 |
| 8 Bedrooms | $2,107 |
U.S. Census Bureau data (2024)
The ZIP code 72950 is located in a rural setting, primarily encompassing the area around the town of Brashear in Arkansas. With a population of just 517 residents, it's a small community where only about 16.9% of the inhabitants are renters. The median household income here is relatively low at $42,628, suggesting a modest economic environment.
Moving into the specifics of rental economics, the Fair Market Rent (FMR) for ZIP 72950 is set at $960 for the fiscal year 2026. This figure represents the government's benchmark for determining the maximum amount a landlord can charge for a unit under the Section 8 program. However, the market rent for the area is not available, which makes direct comparisons challenging. It's worth noting that the lack of a reported median home value indicates that housing data might be sparse or less reliable in this region, possibly due to its small size and limited real estate activity.
Given these conditions, ZIP 72950 would likely appeal to hands-off voucher operators rather than hands-on value-add buyers. The small rental market and the limited number of potential tenants mean that the demand for rental properties is not robust enough to support active management aimed at increasing property values or rental rates. Instead, landlords who are interested in steady, government-backed rental income without the need for significant tenant turnover or property improvements would find this ZIP code suitable for their investment strategy.
In summary, the ZIP 72950 area presents a niche opportunity for Section 8 investors seeking stable, low-maintenance investments in a rural setting. The focus should be on securing a reliable source of rental income through the Section 8 program, given the limitations of the local market and the economic profile of the residents.
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.