Housing market/Arkansas/ZIP 72348

ACS 2023 · FY2027 SAFMR

ZIP 72348 Hughes, St. Francis County, Arkansas

St. Francis County, AR · Arkansas. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
2,198
Households
987
Median HH income
$51,115
Renter share
30.8%
Median gross rent
$563
Vacancy
27.9%
Pop. change
-12.5%
2BR SAFMR
$1,000
SAFMR / rent
1.776×
2–49 unit stock
166
LIHTC proj / units
7 / 173
HUD assisted MF
2 / 56

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 72348 · AR — sent to you.

ZIP 72348 · AR

ACS median rent$563
2BR SAFMR$1,000
90% floor$900
110% ceiling$1,100

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 72348

  • 1-unit detached1,08579.3%
  • 1-unit attached40.3%
  • 2–4 units1047.6%
  • 5–49 units624.5%
  • Mobile1138.3%
TypeUnitsShare
1-unit detached1,08579.3%
1-unit attached40.3%
2 units (duplex)574.2%
3–4 units473.4%
5–9 units352.6%
10–19 units191.4%
20–49 units80.6%
50+ units00.0%
Mobile1138.3%

2–4 unit share 7.6% · 5–49 unit share 4.5% · combined 2–49 12.1%.

Units by bedrooms

Studio
54
1BR
68
2BR
451
3BR
494
4BR
197
5+
104

Rent burden

Rent ≥30% of income52.0%
Rent ≥50% of income20.1%
  • ACS median gross rent $563 (all bedrooms, occupied rentals).
  • Median contract rent $351.
  • Renters paying ≥30% of income 52.0%; ≥50% 20.1%.
  • FY2027 2BR SAFMR $1,000 (1.776× ACS median gross rent).

Population

2,198 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -12.5%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 7 projects, 173 units.
  • HUD project-based assisted MF: 2 properties, 56 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 72348 30.8% of occupied households are renters; vacancy is 27.9%; ACS median gross rent is $563; population changed -12.5% between the 2018 and 2023 ACS vintages; the housing stock includes 104 units in 2–4-unit structures and 62 units in 5–49-unit structures; 7 LIHTC projects totaling 173 units; FY2027 2BR SAFMR is $1,000 versus ACS median gross rent of $563. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Arkansas research

ZIP 72348 is a Census / HUD profile for St. Francis County, AR. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Arkansas research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 72348?

ZIP 72348 (St. Francis County, AR) has 2,198 residents, 987 households, a renter share of 30.8%, median household income of $51,115, and ACS 2023 median gross rent of $563. Vacancy is 27.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 72348?

ACS counts 57 units in 2-unit buildings, 47 in 3–4 unit buildings, 35 in 5–9, 19 in 10–19, and 8 in 20–49. Combined 2–49 unit stock is 166 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 72348?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,000. See the full schedule and 90–110% payment-standard band on the ZIP 72348 — Hughes, AR HUD Section 8 Payment Standards / SAFMR.

Does this Arkansas ZIP profile include Georgia listings?

No. ZIP 72348 is Census / HUD research for St. Francis County, AR. Jeff Crowe CRE does not list Arkansas property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.