Location: Washington County, OK | Metro: Tulsa, OK HUD Metro FMR Area
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 | $840 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,430 |
| 4 Bedrooms | $1,650 |
| 5 Bedrooms | $1,914 |
| 6 Bedrooms | $2,144 |
| 7 Bedrooms | $2,316 |
| 8 Bedrooms | $2,432 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,090 | $223,003 | 0.49% | F |
| 3BR | $1,430 | $338,405 | 0.42% | F |
| 4BR | $1,650 | $515,236 | 0.32% | F |
U.S. Census Bureau data (2024)
The ZIP code 74080, located in Talala, OK, within the Rogers County and part of the broader Washington County, OK metro area, presents an interesting opportunity for Section 8 real-estate investors. According to the latest HUD Fair Market Rent (FMR) data for fiscal year 2024, the FMR for ZIP 74080 is set at $1030. In contrast, the Census ACS reports the market rent for the same area at $938.
This comparison reveals that properties in ZIP 74080 can cashflow marginally when rented to voucher tenants at the HUD FMR rate. The difference between the HUD FMR and the market rent indicates that landlords could expect a slight positive cashflow, assuming they are able to rent their units at the FMR rate.
To further analyze the investment potential, consider the median home value in ZIP 74080, which stands at $324,349. This figure helps us derive the rent-to-price ratio, which is approximately 0.32%. This low ratio suggests that rental income alone may not be the primary driver of investment returns in this area; however, it does provide a stable cashflow source for landlords.
Note that the median Days on Market (DOM) and the percentage of homes that experience price cuts are not available for this analysis. However, these metrics would typically be relevant in assessing the rent-versus-buy dynamics, especially if there's a significant difference between rental yields and home price appreciation trends.
In conclusion, the strongest angle for investors in ZIP 74080 is likely to be stability. The marginally positive cashflow from renting to voucher tenants combined with the stable median home values makes this area a solid choice for those seeking reliable and consistent returns.
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.