Section 8 Fair Market Rent (FMR) for ZIP 73146 - 2027

Location: Oklahoma City, OK | Metro: Oklahoma City, OK HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$940
1 Bedroom$1,020
2 Bedrooms$1,240
3 Bedrooms$1,680
4 Bedrooms$1,890
5 Bedrooms$2,192
6 Bedrooms$2,455
7 Bedrooms$2,651
8 Bedrooms$2,784
Based on the available data, ZIP 73146 in Unknown, OK, has a fair market rent (FMR) of $1080 for FY 2024 according to HUD's guidelines. This figure represents the maximum amount that can be charged for a unit under the Section 8 program. However, specific market rent data and home values for ZIP 73146 were not found in the searches conducted.

To classify ZIP 73146 on the axes of yield and stability, we need to rely on the FMR figure provided and any additional relevant data that can be gathered. The FMR of $1080 suggests a moderate yield compared to other areas, but without knowing the market rent, it's challenging to assess if this area offers a higher potential for rental income.

Regarding stability, the lack of specific data on the percentage of renters, days on market (DOM), and median income makes it difficult to provide a precise assessment. Stability is typically measured by factors such as low vacancy rates, consistent demand for rental properties, and stable or growing incomes among residents. Without these figures, it's unclear whether ZIP 73146 would offer steady cash flow or be prone to volatility.

Given the limited data, ZIP 73146 appears to be neither a high-yield/low-stability flip-style market nor a steady-cashflow zone. It seems to fall somewhere in between, offering moderate yields but with uncertain stability due to the absence of key economic indicators. To make a more informed decision, further research into the local rental market trends, median household income, and the percentage of renters would be necessary.

In conclusion, while the FMR provides a benchmark for rental pricing, the overall investment potential of ZIP 73146 remains ambiguous without additional local economic data. Landlords and small-portfolio investors should proceed with caution and seek more detailed local information before making investment decisions.

Data Sources: FMR data from HUD (2027).

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.