Location: Grady County, OK | Metro: Grady County, 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 | $730 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | $1,420 |
| 4 Bedrooms | $1,760 |
| 5 Bedrooms | $2,042 |
| 6 Bedrooms | $2,287 |
| 7 Bedrooms | $2,470 |
| 8 Bedrooms | $2,594 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,050 | $135,781 | 0.77% | D |
| 3BR | $1,420 | $229,350 | 0.62% | D |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 73067, located in Chickasha, OK, reveals a favorable environment for rental properties. The HUD Fair Market Rent (FMR) for this area is set at $1010 for the fiscal year 2024. In contrast, the Census ACS reports the average market rent at $725. This indicates that voucher tenants can generate positive cash flow when renting at the HUD FMR rate.
To further understand the dynamics, let's look at the median home value in the area, which stands at $219,906. Using this figure, we can calculate the rent-to-price ratio. With an average market rent of $725, the ratio is approximately 1.6%. However, when considering the HUD FMR of $1010, the rent-to-price ratio increases to about 2.3%, suggesting that rental income is relatively higher compared to the property values.
The positive cash flow potential is significant, as the difference between the HUD FMR and the market rent means that voucher tenants can cover more than the average market rent. For instance, at $1010 per month, voucher tenants can afford to pay $285 more than the typical market rent, which directly translates into better cash flow for investors. This scenario supports the notion that voucher tenants can cashflow comfortably at the HUD FMR rate, without the need for premium units.
Regarding the days on market (DOM) and price-cut shares, these metrics are not applicable (N/A) for the current analysis. However, the strong cash flow potential derived from the HUD FMR versus the market rent makes the rent-vs-buy dynamics less critical. Investors should focus on the robust rental income rather than speculative home price appreciation.
The strongest angle for investors in this market is cash flow. Given the substantial gap between the HUD FMR and the market rent, landlords and small-portfolio investors can expect consistent and reliable returns from their rental investments in ZIP 73067.
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.