Section 8 Fair Market Rent (FMR) for ZIP 73659 - 2027

Location: Dewey County, OK | Metro: Dewey County, OK

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$730
1 Bedroom	$770
2 Bedrooms	$1,000
3 Bedrooms	$1,380
4 Bedrooms	$1,630
5 Bedrooms	$1,891
6 Bedrooms	$2,118
7 Bedrooms	$2,287
8 Bedrooms	$2,401

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

231

Median Household Income

$52,083

Housing Units

Renter Percentage

14.1%

Occupancy Rate

78.8%

Renter Occupied

The ZIP code 73659, located in the heart of rural Oklahoma, offers a unique investment opportunity for landlords and small-portfolio investors. This area is characterized by its stable housing market and a growing demand for affordable rental properties.

The Fair Market Rent (FMR) for the metropolitan area in fiscal year 2026 is set at $1,050, providing a clear benchmark for rental pricing.
Rental prices in the area have yet to be fully determined due to limited data, but the FMR suggests a strong foundation for setting competitive rates.
The median home value is currently not available, indicating a less developed real estate market that may offer opportunities for long-term appreciation.
Renters make up 14.1% of the population, suggesting a modest but present demand for rental units.
The Days on Market (DOM) statistic is not available, which could imply that property listings move quickly once they hit the market.
The median income for residents is $52,083, indicating a middle-income demographic that can support moderate rental prices without straining local budgets.

In summary, ZIP 73659 presents a niche market with steady growth potential. The defined FMR provides a reliable guideline for rental pricing, while the presence of a significant renter share indicates ongoing demand. The rapid sale of properties, as suggested by the lack of DOM data, and the middle-income status of the community further support the feasibility of investing in this area. For landlords and small-portfolio investors looking for a stable and potentially appreciating market, 73659 offers a promising opportunity.

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.