Section 8 Fair Market Rent (FMR) for ZIP 73560 - 2027

Location: Jackson County, OK | Metro: Jackson County, OK

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$700
1 Bedroom$700
2 Bedrooms$920
3 Bedrooms$1,270
4 Bedrooms$1,530
5 Bedrooms$1,775
6 Bedrooms$1,988
7 Bedrooms$2,147
8 Bedrooms$2,254

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
654
Median Household Income
$63,226
Housing Units
382
Renter Percentage
53.9%
Occupancy Rate
80.6%
Renter Occupied
166

The classification of ZIP code 73560 hinges on the balance between its potential yield and stability. On the yield axis, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $940, while the actual market rent stands at $582. This suggests a significant opportunity for upside if properties can be leased closer to the FMR. However, the median home value is notably higher at $100,614, which could indicate a higher barrier to entry for investment properties due to purchase costs.

Turning to stability, the ZIP code boasts a substantial 53.9% of residents who are renters, providing a solid foundation for rental demand. The average daily days on market (DOM) figure is unavailable, but this is less critical when considering long-term investments. The median household income is $63,226, which is a key indicator of the ability of tenants to afford rent, thus contributing to the overall stability of the rental market.

Based on these figures, ZIP 73560 does not fit neatly into either a high-yield/low-stability flip-style market or a steady-cashflow zone. Instead, it represents a middle ground where there is room for yield improvement, given the disparity between FMR and market rent, but with enough stability due to the high percentage of renters and reasonable median income levels. Landlords and small-portfolio investors should consider the higher median home value when assessing their investment strategy, as it may affect the initial capital outlay and subsequent cash flow projections.

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.