Location: Major County, OK | Metro: Blaine County, OK
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $730 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,230 |
| 4 Bedrooms | $1,430 |
| 5 Bedrooms | $1,659 |
| 6 Bedrooms | $1,858 |
| 7 Bedrooms | $2,007 |
| 8 Bedrooms | $2,107 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,230 | $189,688 | 0.65% | D |
U.S. Census Bureau data (2024)
The ZIP code 73755, located in Major County, OK metro, presents a unique opportunity for Section 8 investors. The HUD Fair Market Rent (FMR) for the area, set at $970 for fiscal year 2026, serves as a benchmark for rental rates under the Section 8 Housing Choice Voucher program. However, the absence of current market rent data makes it challenging to provide a direct comparison between the FMR and local market conditions.
To understand the potential cash flow dynamics for voucher tenants in ZIP 73755, we must consider the median home value of $139,626. This figure allows us to derive a rent-to-price ratio, which is crucial for assessing the affordability and desirability of rental properties relative to homeownership. Given that the median home value is significantly higher than the HUD FMR, it suggests that voucher tenants would likely cashflow at FMR levels, meaning they can cover the rent without additional financial strain. This scenario is favorable for landlords who want to ensure consistent rental income without the risk of delinquency.
The lack of specific data on days on market (DOM) and the percentage of price cuts indicates that there may be limited inventory or activity in the rental market. This could mean that landlords have a stable tenant base and might not face significant competition. If rent versus buy dynamics were to matter, the high median home value relative to the rental rate would suggest that renting remains an attractive option for many residents, including those using vouchers.
The strongest investor angle in ZIP 73755 is stability. With consistent cash flow from voucher tenants and a relatively low-risk environment due to the high median home value, investors can expect steady returns without the volatility often associated with other investment strategies. Stability is key for small-portfolio investors seeking reliable passive income streams.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.