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 | $1,020 |
| 1 Bedroom | $1,110 |
| 2 Bedrooms | $1,350 |
| 3 Bedrooms | $1,830 |
| 4 Bedrooms | $2,050 |
| 5 Bedrooms | $2,378 |
| 6 Bedrooms | $2,663 |
| 7 Bedrooms | $2,876 |
| 8 Bedrooms | $3,020 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,350 | $157,529 | 0.86% | C |
| 3BR | $1,830 | $214,042 | 0.85% | C |
| 4BR | $2,050 | $287,001 | 0.71% | D |
| 5BR | $2,378 | $391,049 | 0.61% | D |
U.S. Census Bureau data (2024)
Moore, Oklahoma (ZIP 73160) presents a resilient suburban landscape defined by single-family sprawl and strong community recovery following historic weather events. The city maintains a distinct identity within the Oklahoma City metro, characterized by a high rate of homeownership and active commercial corridors along I-35 and SW 19th Street. Major employers in the region include the Moore Public Schools system, which serves as a significant institutional anchor, and the various logistics and retail hubs that benefit from the city's strategic location near the interstate. Local regulations emphasize property maintenance, particularly regarding storm shelters, while the neighborhood character remains predominantly residential with a focus on family living.
From a financial perspective, the math in Moore requires careful attention to the gap between market rates and HUD subsidies. The Full FMR ladder for FY2026 sets the 2-bedroom payment standard at $1,340, yet current Market Rent (Zillow ZORI) sits significantly higher at $1,503. This creates a negative spread of $163 per month that landlords must absorb if strictly targeting the voucher ceiling. Real estate values are accessible, with a Median Home Value of $223,870 and a specific Median 2BR Sale Price of $156,928. Properties are moving at a moderate pace, with a Median Days on Market of 52 days, suggesting reasonable liquidity for investors looking to enter the market.
The tenant pool is anchored by a solid economic base, with a Median Household Income of $79,491, though only 35.3% of the population rents. This lower renter share implies that voucher holders represent a protected and stable niche within a predominantly owner-occupied market. Demand is likely bolstered by the quality of local schools, which are often a draw for families, and the general lack of expansive public transit, which makes car-owning voucher tenants particularly valuable for maintaining occupancy in these auto-dependent neighborhoods.
The Section 8 verdict for Moore 73160 leans toward a play for stability and long-term appreciation rather than immediate maximum cash flow. Because the FY2026 2BR FMR of $1,340 trails the market rent of $1,503, investors should not expect premiums but can rely on a high-income demographic that minimizes default risk. With a median 2BR price of $156,928, the barrier to entry is low enough that standard rents still service debt efficiently, making this a market for conservative portfolio building rather than aggressive yield chasing.
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.