Housing market/Arkansas/ZIP 72364

ACS 2023 · FY2027 SAFMR

ZIP 72364 Marion, Arkansas

Memphis, TN-MS-AR HUD Metro FMR Area · Arkansas. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
16,434
Households
6,022
Median HH income
$76,118
Renter share
32.2%
Median gross rent
$1,025
Vacancy
6.1%
Pop. change
+4.1%
2BR SAFMR
$1,140
SAFMR / rent
1.112×
2–49 unit stock
1,057
LIHTC proj / units
3 / 204
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 72364 · AR — sent to you.

ZIP 72364 · AR

ACS median rent$1,025
2BR SAFMR$1,140
90% floor$1,026
110% ceiling$1,254

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

Housing stock

ACS 2023 units-in-structure · ZCTA 72364

  • 1-unit detached4,70773.4%
  • 1-unit attached1021.6%
  • 2–4 units1622.5%
  • 5–49 units89514.0%
  • 50+ units1081.7%
  • Mobile4416.9%
TypeUnitsShare
1-unit detached4,70773.4%
1-unit attached1021.6%
2 units (duplex)400.6%
3–4 units1221.9%
5–9 units5638.8%
10–19 units3215.0%
20–49 units110.2%
50+ units1081.7%
Mobile4416.9%

2–4 unit share 2.5% · 5–49 unit share 14.0% · combined 2–49 16.5%.

Units by bedrooms

Studio
79
1BR
420
2BR
1,262
3BR
3,353
4BR
1,056
5+
245

Rent burden

Rent ≥30% of income34.4%
Rent ≥50% of income18.1%
  • ACS median gross rent $1,025 (all bedrooms, occupied rentals).
  • Median contract rent $847.
  • Renters paying ≥30% of income 34.4%; ≥50% 18.1%.
  • FY2027 2BR SAFMR $1,140 (1.112× ACS median gross rent).

Population

16,434 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +4.1%.

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

Assisted inventory

  • LIHTC: 3 projects, 204 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • 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 72364 32.2% of occupied households are renters; vacancy is 6.1%; ACS median gross rent is $1,025; population increased +4.1% between the 2018 and 2023 ACS vintages; the housing stock includes 162 units in 2–4-unit structures and 895 units in 5–49-unit structures; 3 LIHTC projects totaling 204 units; FY2027 2BR SAFMR is $1,140 versus ACS median gross rent of $1,025. 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 72364 is a Census / HUD profile for Memphis, TN-MS-AR, 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 72364?

ZIP 72364 (Memphis, TN-MS-AR HUD Metro FMR Area) has 16,434 residents, 6,022 households, a renter share of 32.2%, median household income of $76,118, and ACS 2023 median gross rent of $1,025. Vacancy is 6.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 72364?

ACS counts 40 units in 2-unit buildings, 122 in 3–4 unit buildings, 563 in 5–9, 321 in 10–19, and 11 in 20–49. Combined 2–49 unit stock is 1,057 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 72364?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,140. See the full schedule and 90–110% payment-standard band on the ZIP 72364 — Marion, AR HUD Section 8 Payment Standards / SAFMR.

Does this Arkansas ZIP profile include Georgia listings?

No. ZIP 72364 is Census / HUD research for Memphis, TN-MS-AR HUD Metro FMR Area. 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.