Location: Murray County, OK | Metro: Garvin 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 | $780 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,030 |
| 3 Bedrooms | $1,290 |
| 4 Bedrooms | $1,570 |
| 5 Bedrooms | $1,821 |
| 6 Bedrooms | $2,040 |
| 7 Bedrooms | $2,203 |
| 8 Bedrooms | $2,313 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $790 | $72,876 | 1.08% | B |
| 2BR | $1,030 | $107,315 | 0.96% | C |
| 3BR | $1,290 | $225,380 | 0.57% | F |
| 4BR | $1,570 | $291,368 | 0.54% | F |
U.S. Census Bureau data (2024)
The dynamics of the ZIP code 73086, located in Sulphur, OK, reveal a market in equilibrium with subtle signs of motion. The Fair Market Rent (FMR) for the area stands at $1,040, reflecting the metro forecast for fiscal year 2026. Meanwhile, the actual market rent, as reported by the Census ACS, is $936. This suggests that the rental market is slightly below the FMR, indicating a stable but competitive environment.
A 0.2% price-cut share signals that landlords are rarely forced to lower their rents to attract tenants, which points to a market where demand meets supply without significant surplus. The median home value of $169,365 provides insight into the overall affordability of the area, making it accessible to a broad range of buyers.
The 23.9% renter share highlights an ongoing housing pressure in Sulphur. A substantial portion of residents choosing to rent rather than buy indicates a persistent need for rental properties. This trend can be attributed to various factors, including young professionals, students, or individuals who prefer renting over homeownership. It implies that landlords and small-portfolio investors should expect steady demand for rental units, as the population's inclination towards renting is likely to continue.
In summary, the market in Sulphur, OK, represented by ZIP 73086, is balanced with slight indications of motion towards maintaining its stability. Landlords benefit from a competitive yet fair rental environment, while the notable renter share ensures consistent demand for rental properties, signaling long-term housing pressure. These conditions suggest that the market is well-suited for those looking to invest in rental properties, offering a reliable income stream without the volatility of rapidly changing market dynamics.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.