Location: Pittsburg County, OK | Metro: Pittsburg County, OK
| 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 |
U.S. Census Bureau data (2024)
12.9% of the population in ZIP code 74430 are renters, indicating a modest demand for rental properties. $56,042 is the median income in this area, which suggests that while not extremely high, there is a steady income level among residents. $940 is the Fair Market Rent (FMR) for the metro area in fiscal year 2026, set by HUD for Section 8 housing vouchers. This figure is crucial for landlords participating in the Section 8 program, as it defines the maximum allowable rent they can charge for a unit to be eligible.
$738 is the reported market rent based on Census ACS data, slightly below the FMR but still offering a competitive rate for landlords. The absence of a median home value indicates that homeownership data might not be robust or available, possibly due to a low number of sales transactions or a predominantly rental-focused community. Similarly, the lack of days on market (DOM) and price-cut share percentages suggest that the housing market in this area is less active or data is sparse, making it harder to assess trends in property values and sales.
The discrepancy between the FMR and the actual market rent highlights a potential opportunity for landlords who can offer quality rentals at or near the FMR. Given the steady median income and the modest renter share, landlords in ZIP 74430 can expect a stable tenant pool, though not an overly competitive market for rentals. For small-portfolio investors, this ZIP code offers a balanced environment where the risk of vacancy is manageable, and the potential for long-term tenancy is favorable.
Section 8 verdict: Suitable for landlords looking for a stable rental market without excessive competition.
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.