Housing market/Arkansas/ZIP 72342

ACS 2023 · FY2027 SAFMR

ZIP 72342 Helena, Phillips County, Arkansas

Phillips 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
3,971
Households
1,633
Median HH income
$39,191
Renter share
62.8%
Median gross rent
$655
Vacancy
33.3%
Pop. change
-20.0%
2BR SAFMR
$950
SAFMR / rent
1.450×
2–49 unit stock
867
LIHTC proj / units
8 / 180
HUD assisted MF
1 / 23

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 72342 · AR — sent to you.

ZIP 72342 · AR

ACS median rent$655
2BR SAFMR$950
90% floor$855
110% ceiling$1,045

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

Housing stock

ACS 2023 units-in-structure · ZCTA 72342

  • 1-unit detached1,42558.2%
  • 1-unit attached60.2%
  • 2–4 units53922.0%
  • 5–49 units32813.4%
  • 50+ units110.4%
  • Mobile1395.7%
TypeUnitsShare
1-unit detached1,42558.2%
1-unit attached60.2%
2 units (duplex)2319.4%
3–4 units30812.6%
5–9 units763.1%
10–19 units1767.2%
20–49 units763.1%
50+ units110.4%
Mobile1395.7%

2–4 unit share 22.0% · 5–49 unit share 13.4% · combined 2–49 35.4%.

Units by bedrooms

Studio
14
1BR
325
2BR
704
3BR
938
4BR
409
5+
58

Rent burden

Rent ≥30% of income57.5%
Rent ≥50% of income22.5%
  • ACS median gross rent $655 (all bedrooms, occupied rentals).
  • Median contract rent $444.
  • Renters paying ≥30% of income 57.5%; ≥50% 22.5%.
  • FY2027 2BR SAFMR $950 (1.450× ACS median gross rent).

Population

3,971 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -20.0%.

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

Assisted inventory

  • LIHTC: 8 projects, 180 units.
  • HUD project-based assisted MF: 1 properties, 23 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 72342 62.8% of occupied households are renters; vacancy is 33.3%; ACS median gross rent is $655; population changed -20.0% between the 2018 and 2023 ACS vintages; the housing stock includes 539 units in 2–4-unit structures and 328 units in 5–49-unit structures; 8 LIHTC projects totaling 180 units; FY2027 2BR SAFMR is $950 versus ACS median gross rent of $655. 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 72342 is a Census / HUD profile for Phillips 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 72342?

ZIP 72342 (Phillips County, AR) has 3,971 residents, 1,633 households, a renter share of 62.8%, median household income of $39,191, and ACS 2023 median gross rent of $655. Vacancy is 33.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 72342?

ACS counts 231 units in 2-unit buildings, 308 in 3–4 unit buildings, 76 in 5–9, 176 in 10–19, and 76 in 20–49. Combined 2–49 unit stock is 867 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 72342?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $950. See the full schedule and 90–110% payment-standard band on the ZIP 72342 — Helena, AR HUD Section 8 Payment Standards / SAFMR.

Does this Arkansas ZIP profile include Georgia listings?

No. ZIP 72342 is Census / HUD research for Phillips 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.