Location: Alfalfa County, OK | Metro: Alfalfa County, OK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $700 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,540 |
| 5 Bedrooms | $1,786 |
| 6 Bedrooms | $2,000 |
| 7 Bedrooms | $2,160 |
| 8 Bedrooms | $2,268 |
U.S. Census Bureau data (2024)
The Section 8 market in ZIP code 73719, located in Alfalfa County, OK metro, presents a unique opportunity for landlords and small-portfolio investors. The Fair Market Rent (FMR) as determined by HUD for the fiscal year 2026 is set at $940 for the metro area. However, due to the lack of available market rent data, it's challenging to make a direct comparison. Based on the HUD FMR alone, voucher tenants in this region would cashflow at the FMR rate, meaning that the rental income would cover the mortgage payment, maintenance costs, and other expenses associated with property ownership.
The median home value in ZIP 73719 is also not available, which makes deriving an accurate rent-to-price ratio difficult. Without this information, we cannot provide a precise assessment of how renting compares to buying in terms of financial return. Typically, a higher rent-to-price ratio indicates a stronger rental market, but this analysis is limited without the necessary data points.
The days on market (DOM) and price-cut share percentages are not provided, making it hard to assess the broader real estate market dynamics. These metrics can be crucial for understanding how quickly properties sell and whether sellers need to adjust their asking prices, both of which can impact investment decisions.
In conclusion, the strongest investor angle in ZIP 73719 appears to be cashflow, given that voucher tenants can cover their housing costs at the HUD FMR rate. This suggests a stable and predictable source of income for landlords who participate in the Section 8 program. However, potential investors should seek additional local market data to make fully informed decisions.
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.