Location: Delaware County, OK | Metro: Delaware 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 | $810 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $1,030 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,390 |
| 5 Bedrooms | $1,612 |
| 6 Bedrooms | $1,805 |
| 7 Bedrooms | $1,949 |
| 8 Bedrooms | $2,046 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,030 | $230,317 | 0.45% | F |
| 3BR | $1,330 | $341,871 | 0.39% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 74342, Eucha, OK, is set at $1,080 for the metro area fiscal year 2026. This figure represents the payment standard for landlords participating in the Section 8 Housing Choice Voucher program. It's important to note that this is not the amount tenants will pay; it's the maximum amount the government will reimburse you for rent.
In comparison, the average rent in Eucha, OK, as reported by the Census Bureau's American Community Survey (ACS), stands at $739. This indicates that the FMR is significantly higher than the typical market rent, which can be beneficial for landlords looking to receive a subsidy above the local average.
The 20.7% renter share in Eucha, OK, suggests a moderate level of demand for rental properties. While not overwhelmingly high, this percentage does indicate a steady number of potential tenants who might be interested in your property. Participation in the Section 8 program can help you attract these tenants, especially those who qualify for housing assistance.
If you're considering purchasing a property in this area for your first Section 8 rental, the median home value in Eucha, OK, is around $248,150. This gives you an idea of the acquisition cost you should expect for a typical home. Keep in mind that the actual price can vary based on the condition and location of the property.
Before proceeding, there is one crucial step you must take: verify that your property meets the required standards for Section 8 eligibility. The U.S. Department of Housing and Urban Development (HUD) has specific criteria for safety, health, and structural soundness. Ensuring compliance with these standards will prevent delays and ensure you can participate in the program without issues.
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.