Location: Oklahoma City, OK | Metro: Oklahoma City, OK HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,120 |
| 1 Bedroom | $1,220 |
| 2 Bedrooms | $1,490 |
| 3 Bedrooms | $1,990 |
| 4 Bedrooms | $2,250 |
| 5 Bedrooms | $2,610 |
| 6 Bedrooms | $2,923 |
| 7 Bedrooms | $3,157 |
| 8 Bedrooms | $3,315 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,490 | $362,693 | 0.41% | F |
| 3BR | $1,990 | $443,910 | 0.45% | F |
| 4BR | $2,250 | $520,993 | 0.43% | F |
| 5BR | $2,610 | $673,696 | 0.39% | F |
U.S. Census Bureau data (2024)
1260 is the Fair Market Rent (FMR) for ZIP 73025, Edmond, OK, as of fiscal year 2024. This figure represents the upper limit for Section 8 rental subsidies in the area. In contrast, the market rent stands at 2426 according to the latest Census ACS data, indicating that landlords participating in the Section 8 program will receive less than the average market rate. The median home value in Edmond is 496,049, suggesting a moderate housing market where Section 8 might play a crucial role for lower-income families. With only 2.2% of the population being renters, competition for rental properties could be relatively low, making it important for landlords to understand the local rental dynamics. The median income of 176,149 provides context on the economic profile of the area, where the majority of residents earn above the national average. However, the 68-day Days on Market (DOM) statistic reveals that properties take nearly two and a half months to sell, hinting at a slower real estate market. Furthermore, the 0.3% price-cut share indicates that while some sellers might reduce their asking price, it's a minimal percentage, suggesting that overall, the market is stable without significant downward pressure.
Investors considering Section 8 participation must weigh these figures carefully. While the 1260 FMR is below the 2426 market rent, it ensures a steady, government-backed income stream. The relatively low renter share of 2.2% means that demand for affordable housing can be high, especially given the 176,149 median income, which places many residents just outside the eligibility range for Section 8. The 68-day DOM and 0.3% price-cut share suggest a market where homes retain their value well, but finding tenants quickly might require additional effort.
Overall, for ZIP 73025, the verdict on Section 8 is that it offers a reliable source of income for landlords willing to navigate the program's regulations, though they should expect slightly lower rents compared to the market average.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.