Section 8 Fair Market Rent (FMR) for ZIP 74425 - 2027
Location: Pittsburg County, OK | Metro: Pittsburg County, OK
Investment Score for ZIP 74425
D
Median Price (2BR)
$151,506
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
FY 2027 Fair Market Rent Rates
| Unit Size |
Monthly FMR |
| Studio | $640 |
| 1 Bedroom | $760 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,530 |
| 5 Bedrooms | $1,775 |
| 6 Bedrooms | $1,988 |
| 7 Bedrooms | $2,147 |
| 8 Bedrooms | $2,254 |
Investment Analysis by Bedroom Size
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms |
Monthly FMR |
Median Price |
1% Rule |
Grade |
| 2BR |
$920 |
$151,506 |
0.61% |
D |
| 3BR |
$1,250 |
$206,564 |
0.61% |
D |
Demographics & Housing Statistics
U.S. Census Bureau data (2024)
Median Household Income
$63,405
To determine if you should buy in ZIP code 74425 for Section 8 investment, follow this decision tree:
Step 1: Clearing Debt Service
- If the Fair Market Rent (FMR) of $940 per month can cover the debt service on a property valued at $147,025, proceed to Step 2.
- If not, the answer is No. A property priced at $147,025 would likely require a higher monthly rental income to cover the mortgage and other expenses.
Step 2: Market Rent vs. FMR
- The market rent in ZIP 74425 is $766 per month according to the Census ACS data. Compare this figure to the FMR of $940.
- If the market rent is significantly below the FMR, it means there's an opportunity to charge closer to the FMR rate, making the investment more attractive.
- If the market rent is at or above the FMR, consider the competition and whether you can effectively compete at that price point.
Step 3: Rental Demand
- The rental demand in ZIP 74425 is composed of 14.9% renters. The Days on Market (DOM) data is not available, which could indicate either a strong or weak market depending on other factors.
- If the percentage of renters is sufficient and you believe the lack of DOM data does not negatively impact demand, then the answer is Yes.
- If you find the rental percentage too low or suspect the DOM data would show high vacancy rates, the answer is No.
- If you're unsure about the DOM data's impact but think the rental percentage is adequate, the answer is It Depends. Further investigation into local rental trends and vacancy rates is necessary.
In conclusion, the decision to invest in ZIP 74425 hinges on the ability of the FMR to cover debt service, the relationship between market rent and FMR, and the perceived strength of rental demand based on the percentage of renters and the unknown DOM data. If all conditions align favorably, the investment is viable. Otherwise, reconsider or investigate further.
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.