Section 8 Fair Market Rent (FMR) for ZIP 73555 - 2027

Location: Tillman County, OK | Metro: Tillman County, OK

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$700
1 Bedroom	$840
2 Bedrooms	$920
3 Bedrooms	$1,280
4 Bedrooms	$1,320
5 Bedrooms	$1,531
6 Bedrooms	$1,715
7 Bedrooms	$1,852
8 Bedrooms	$1,945

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

239

Median Household Income

$66,250

Housing Units

Renter Percentage

9.0%

Occupancy Rate

83.9%

Renter Occupied

The ZIP code 73555, located in rural Oklahoma, offers a unique market opportunity for landlords and small-portfolio investors. The area is characterized by a low population density, which influences both rental dynamics and property values.

The Fair Market Rent (FMR) for ZIP 73555 is set at $940 for the fiscal year 2026, indicating the average monthly rent for a two-bedroom apartment under the HUD guidelines.
The market rent for the area is currently not available, suggesting that there might be limited data on actual rental prices, which could indicate a less competitive market.
The median home value in ZIP 73555 is not available, pointing towards a smaller sample size or less frequent sales activity, which can make it challenging to gauge appreciation potential.
Renters make up only 9.0% of the housing market in this ZIP code, implying that homeownership is prevalent and the demand for rentals is relatively low.
The Days on Market (DOM) figure is not available, which could mean that properties are either quickly sold or infrequently listed, impacting turnover rates and investment strategies.
The median household income in the ZIP code stands at $66,250, providing insight into the financial stability and spending power of local residents.

The analysis suggests that while the rental market in ZIP 73555 is not highly competitive, with a low percentage of renters and limited market rent data, the area's Fair Market Rent provides a solid benchmark for pricing units. The lack of median home value data and DOM figures indicates that the real estate market here is less active, which might offer opportunities for long-term investments but also poses challenges in terms of liquidity and quick resale. Given the median income level, there is a stable base of potential tenants who can afford the rent as per the FMR, making it a viable option for those looking to invest in a lower-density, more stable rental environment. However, investors should be prepared for a slower-moving market and consider the long-term implications of their investments.

Data Sources: FMR data from HUD (2027). 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.