Section 8 Fair Market Rent (FMR) for ZIP 73565 - 2027

Location: Jefferson County, OK | Metro: Jefferson County, OK

Investment Score for ZIP 73565

N/A

Monthly Rent (2BR)

$920

Median Price (2BR)

$N/A

1% Rule

Annual Yield

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$700
1 Bedroom	$700
2 Bedrooms	$920
3 Bedrooms	$1,090
4 Bedrooms	$1,530
5 Bedrooms	$1,775
6 Bedrooms	$1,988
7 Bedrooms	$2,147
8 Bedrooms	$2,254

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
3BR	$1,090	$106,588	1.02%	B

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

941

Median Household Income

$53,459

Housing Units

485

Renter Percentage

24.1%

Occupancy Rate

75.3%

Renter Occupied

The ZIP code 73565, located in the heart of rural Oklahoma, offers a unique investment opportunity for landlords and small-portfolio investors seeking stable returns. This area is characterized by its modest housing values and a significant portion of renters, making it a viable option for those interested in the rental market.

The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $940, indicating the maximum amount HUD will pay for low-income housing in the region.
The average market rent, as per the latest Census ACS data, stands at $557, which is significantly lower than the FMR, suggesting that there's potential for landlords to offer competitive rents while still maintaining profitability.
The median home value in ZIP 73565 is $85,662, reflecting the overall affordability of the housing market in the area.
Renters make up 24.1% of the population, showing a considerable demand for rental properties and a need for landlords to cater to this segment.
The median household income in the area is $53,459, providing insight into the economic stability and purchasing power of local residents.

Given these figures, landlords and small-portfolio investors can expect a stable rental market with opportunities to generate steady cash flow. The disparity between the FMR and the actual market rent indicates room for increasing rental rates without pricing out potential tenants. The relatively low median home value suggests that homeownership may be less accessible, thereby supporting a higher renter share. Additionally, the median income level supports the sustainability of the rental market, ensuring that tenants have the means to afford monthly rent payments. However, the lack of Days on Market (DOM) data might indicate slower property turnover, which could affect the liquidity of investments but does not necessarily detract from long-term profitability.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.