Location: Woodward County, OK | Metro: Major 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 | $910 |
| 1 Bedroom | $920 |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | $1,430 |
| 4 Bedrooms | $2,010 |
| 5 Bedrooms | $2,332 |
| 6 Bedrooms | $2,612 |
| 7 Bedrooms | $2,821 |
| 8 Bedrooms | $2,962 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,200 | $86,905 | 1.38% | A |
| 3BR | $1,430 | $153,756 | 0.93% | C |
U.S. Census Bureau data (2024)
The ZIP code 73852, located in Mooreland, OK, presents a unique balance between yield and stability that leans towards a moderate cash flow opportunity rather than a high-yield/low-stability flip-style market.
First, let's examine the yield potential. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,300. However, the local market rent is significantly lower at $852. Given the median home value of $135,918, the disparity between the FMR and the actual market rent suggests that while there is some upside potential, it is not as pronounced as in a flip-style market where rapid appreciation might be expected. Instead, the difference indicates a more stable rental market with modest growth opportunities.
Regarding stability, the ZIP code shows a relatively low percentage of renters at 14.2%, which implies a smaller pool of tenants compared to areas with higher percentages. This can affect the speed of finding new tenants and potentially the turnover rate. Unfortunately, the data does not provide the number of days on market (DOM), which would give us a clearer picture of how quickly properties are rented out. Additionally, the median household income of $66,229 suggests that tenants in this area may have sufficient financial resources to cover their rent payments, contributing to a more stable cash flow.
To summarize, ZIP 73852 is best classified as a steady-cashflow zone due to the reasonable income levels and the moderate gap between FMR and market rents. While it does not offer the high yields typically seen in volatile markets, it provides a reliable income stream for landlords and small-portfolio investors who prioritize stability over rapid capital appreciation.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.