Location: Grant County, OK | Metro: Grant 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 | $700 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,300 |
| 5 Bedrooms | $1,508 |
| 6 Bedrooms | $1,689 |
| 7 Bedrooms | $1,824 |
| 8 Bedrooms | $1,915 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $920 | $79,748 | 1.15% | B |
| 3BR | $1,270 | $146,353 | 0.87% | C |
U.S. Census Bureau data (2024)
The ZIP code 73759 in Grant County, Oklahoma, stands out due to its unique demographic and economic characteristics. With a population of 1,335 residents, it has a relatively high rental rate at 30.1%, indicating that nearly one-third of the housing units are rented. The median income in this area is $51,705, which is modest compared to some urban centers but still supports local living standards. The median home value of $120,081 is another notable feature, reflecting a stable housing market that is accessible to many families.
Moving into the specifics of voucher economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $940. This figure is higher than the current market rent of $829, as reported by the Census Bureau's American Community Survey (ACS). This suggests that Section 8 vouchers can cover a significant portion of the actual rental costs, making it attractive for landlords who wish to ensure timely and reliable payments. The difference between the FMR and market rent also implies that there is room for landlords to potentially increase rents without pricing out tenants who receive assistance.
The data signature for ZIP 73759 reads as stable. The relatively high median home value indicates that homeownership is valued, while the substantial rental market suggests ongoing demand for affordable housing options. The median income level supports a steady flow of economic activity, and the gap between the FMR and market rent provides a buffer that helps maintain stability in the rental market. For small-portfolio investors, this ZIP code offers a balanced opportunity where both owning and renting properties can be viable strategies, backed by the support of Section 8 vouchers.
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.