Location: Murray County, OK | Metro: Carter County, OK
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 | $710 |
| 1 Bedroom | $730 |
| 2 Bedrooms | $950 |
| 3 Bedrooms | $1,200 |
| 4 Bedrooms | $1,440 |
| 5 Bedrooms | $1,670 |
| 6 Bedrooms | $1,870 |
| 7 Bedrooms | $2,020 |
| 8 Bedrooms | $2,121 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $950 | $109,107 | 0.87% | C |
| 3BR | $1,200 | $212,886 | 0.56% | F |
| 4BR | $1,440 | $312,306 | 0.46% | F |
U.S. Census Bureau data (2024)
The classification of ZIP code 73030 (Davis, OK) on the yield and stability axes reveals a moderate investment opportunity for landlords and small-portfolio investors. On the yield axis, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is projected at $950, while the market rent is currently at $839. This indicates a reasonable potential for rental income, given the gap between FMR and actual market rates. However, the median home value of $178,732 suggests that the capital investment required for property acquisition is relatively high compared to the rental yields.
On the stability axis, Davis has a 34.0% rate of renters, which is a significant portion but not overwhelmingly high. The lack of available data on days on market (DOM) could imply either a stable market where properties sell quickly or an unstable market with varying sale times. The median household income of $59,612 provides insight into the economic conditions of the area, suggesting that while there is a sufficient income base, it may not be robust enough to guarantee high stability.
Evaluating these factors together, ZIP 73030 does not clearly fall into the high-yield/low-stability category often associated with 'flip-style' markets. It also doesn't fit neatly into a steady-cashflow zone due to the moderate income levels and the absence of DOM data. Instead, this ZIP code represents an investment environment that balances some yield potential with moderate stability. The slightly lower market rent ($839) compared to the FMR ($950) implies opportunities for modest upside in rental pricing, while the high median home value ($178,732) and significant renter population (34.0%) suggest a need for careful consideration of the local economy and housing demand.
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.