Location: Woods County, OK | Metro: Woods County, OK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $950 |
| 3 Bedrooms | $1,210 |
| 4 Bedrooms | $1,250 |
| 5 Bedrooms | $1,450 |
| 6 Bedrooms | $1,624 |
| 7 Bedrooms | $1,754 |
| 8 Bedrooms | $1,842 |
U.S. Census Bureau data (2024)
The ZIP code 73746 is situated in a predominantly owner-occupied neighborhood with a population of approximately 9 residents. This starkly indicates an extremely low density area where homeownership is virtually universal, given the reported 0.0% of renters. The median income and median home value data are currently unavailable, suggesting that comprehensive economic analysis might be challenging due to the limited data points.
Moving into the realm of rental economics, the Fair Market Rent (FMR) for the metro area as of fiscal year 2026 is set at $970. However, the specific market rent for ZIP 73746 remains unspecified, which could imply that the rental market is either non-existent or too sparse to provide meaningful data. In such a scenario, it's crucial to consider the broader implications of these figures on potential investment strategies.
Given the characteristics of ZIP 73746, it would not suit a hands-off voucher operator. The near-zero percentage of renters suggests a minimal demand for Section 8 housing, making it difficult to find tenants through this program. Instead, a hands-on value-add buyer might find opportunities here, particularly if they can identify unique ways to attract a few renters who qualify for the Section 8 program. Such an approach would require active management and possibly renovations to meet the needs of potential tenants while also aligning with the local economic conditions and housing preferences.
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.