Section 8 Fair Market Rent (FMR) for ZIP 73901 - 2027
Location: Texas County, OK | Metro: Texas County, OK
FY 2027 Fair Market Rent Rates
| Unit Size |
Monthly FMR |
| Studio | $850 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,310 |
| 4 Bedrooms | $1,700 |
| 5 Bedrooms | $1,972 |
| 6 Bedrooms | $2,209 |
| 7 Bedrooms | $2,386 |
| 8 Bedrooms | $2,505 |
Demographics & Housing Statistics
U.S. Census Bureau data (2024)
Median Household Income
$N/A
To determine if you should buy in ZIP code 73901 for Section 8 investments, follow this decision tree:
- Does FMR $1,120 (metro FY 2026) clear debt service on a property?
- If yes: Proceed to the next question.
- If no: Do not invest. The Fair Market Rent (FMR) does not cover your debt service costs, making the investment unprofitable.
- Is market rent above, at, or below FMR?
- If above: The local rental market is strong. However, continue to the next question to assess overall demand.
- If at FMR: There is no margin for error. Ensure that demand is high before proceeding.
- If below: This suggests weak market conditions. Investing in this area could be risky unless demand is exceptionally high.
- Are 15.6% renters + N/A-day DOM enough demand?
- If the days on market (DOM) are low: This indicates strong demand. With 15.6% of the population renting, there is sufficient interest in the housing market. Provided the first two criteria are met, the answer is yes—investing in this ZIP code for Section 8 properties is advisable.
- If the DOM is high: This signals weaker demand. Even with 15.6% of the population renting, the high DOM suggests difficulty in finding tenants. In this case, the answer is no—do not invest in this ZIP code for Section 8 properties.
The key metrics to focus on are the ability of the FMR to cover debt service, the comparison between market rents and FMR, and the strength of rental demand as indicated by the percentage of renters and DOM. Without specific data on market rent and DOM, the decision hinges on whether these missing pieces support the other metrics.
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.