Location: Blaine County, OK | Metro: Blaine County, OK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,220 |
| 4 Bedrooms | $1,340 |
| 5 Bedrooms | $1,554 |
| 6 Bedrooms | $1,740 |
| 7 Bedrooms | $1,879 |
| 8 Bedrooms | $1,973 |
U.S. Census Bureau data (2024)
The ZIP code 73770 represents a unique rural area in the United States, characterized by a small population of only 20 residents. Notably, there are no reported renters within this community, indicating it is primarily composed of homeowners. The median income and median home value data for this ZIP code are currently unavailable, suggesting a lack of comprehensive statistical information.
Despite the sparse population, the Fair Market Rent (FMR) for the metro area covering ZIP 73770 has been set at $990 for fiscal year 2026. This figure provides a benchmark for rental pricing in the area, although specific market rent data is also unavailable. The absence of rental units and the lack of detailed economic data make it challenging to assess the local rental market dynamics accurately.
Given the characteristics of ZIP 73770, it is evident that this area would be more suitable for a hands-on value-add buyer rather than a hands-off voucher operator. The low population density and the absence of renters suggest limited demand for traditional Section 8 properties. However, for an investor willing to engage actively in property development and management, there might be opportunities to create rental units that cater to the needs of potential tenants who could benefit from the FMR subsidy. Such an approach would require careful consideration of the local environment and the willingness to invest in areas where market data is incomplete.
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.