Housing market/Arkansas/ZIP 72372
ZIP 72372 Palestine, 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.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 72372 · AR — sent to you.
ZIP 72372 · AR
ACS rent vs 2BR SAFMR
ZIP 72372 — Palestine, AR HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 72372
- 1-unit detached51173.0%
- 2–4 units436.1%
- 5–49 units30.4%
- Mobile14320.4%
2–4 unit share 6.1% · 5–49 unit share 0.4% · combined 2–49 6.6%.
Units by bedrooms
Rent burden
- ACS median gross rent $679 (all bedrooms, occupied rentals).
- Median contract rent $488.
- Renters paying ≥30% of income 34.8%; ≥50% 5.9%.
- FY2027 2BR SAFMR $910 (1.340× ACS median gross rent).
Population
1,696 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -16.9%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 1 projects, 18 units.
- HUD project-based assisted MF: 1 properties, 20 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 72372 19.5% of occupied households are renters; vacancy is 13.4%; ACS median gross rent is $679; population changed -16.9% between the 2018 and 2023 ACS vintages; the housing stock includes 43 units in 2–4-unit structures and 3 units in 5–49-unit structures; 1 LIHTC projects totaling 18 units; FY2027 2BR SAFMR is $910 versus ACS median gross rent of $679. 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 72372 is a Census / HUD profile for St. Francis County, AR. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 72372 — Palestine, AR HUD Section 8 Payment Standards / SAFMR·Arkansas ZIP directory
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 72372?
ZIP 72372 (St. Francis County, AR) has 1,696 residents, 606 households, a renter share of 19.5%, median household income of $50,857, and ACS 2023 median gross rent of $679. Vacancy is 13.4%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 72372?
ACS counts 4 units in 2-unit buildings, 39 in 3–4 unit buildings, 0 in 5–9, 3 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 46 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 72372?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $910. See the full schedule and 90–110% payment-standard band on the ZIP 72372 — Palestine, AR HUD Section 8 Payment Standards / SAFMR.
Does this Arkansas ZIP profile include Georgia listings?
No. ZIP 72372 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.