Location: Jackson County, OK | Metro: Greer 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 | $700 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,520 |
| 5 Bedrooms | $1,763 |
| 6 Bedrooms | $1,975 |
| 7 Bedrooms | $2,133 |
| 8 Bedrooms | $2,240 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,270 | $162,030 | 0.78% | D |
U.S. Census Bureau data (2024)
The ZIP code 73526 represents a small, rural neighborhood with a total population of 2,049 residents. Approximately 28.1% of these residents are renters, indicating a modest demand for rental properties. The median household income in this area stands at $65,536, which is relatively stable but not exceptionally high. The median home value is $155,007, suggesting that the real estate market here is accessible for both buyers and investors looking for entry-level opportunities.
Moving into the specifics of rental economics, the Fair Market Rent (FMR) for ZIP 73526, as set by HUD for fiscal year 2026, is $940. In contrast, the average market rent based on Census ACS data is $778. This difference highlights a potential opportunity for landlords and small-portfolio investors to leverage the higher FMR rates if they can secure Section 8 tenants. The gap between the FMR and the actual market rent suggests that there could be room to increase rents without significantly deterring potential tenants, especially those participating in the Section 8 program.
Given these economic conditions, ZIP 73526 would suit both hands-off voucher operators and hands-on value-add buyers. For hands-off operators, the presence of a Section 8 program provides a steady stream of guaranteed rental income, with the government covering the difference between the market rate and the tenant's contribution. This scenario minimizes the risk of vacancy and ensures predictable cash flows. On the other hand, for hands-on investors, the lower market rent compared to the FMR offers an avenue to enhance property values through renovations and improvements, thereby attracting higher-paying tenants or securing better voucher contracts.
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.