Location: Pittsburg County, OK | Metro: Haskell 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 | $640 |
| 1 Bedroom | $730 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,430 |
| 5 Bedrooms | $1,659 |
| 6 Bedrooms | $1,858 |
| 7 Bedrooms | $2,007 |
| 8 Bedrooms | $2,107 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $730 | $80,376 | 0.91% | C |
| 2BR | $920 | $159,798 | 0.58% | F |
| 3BR | $1,260 | $252,794 | 0.5% | F |
| 4BR | $1,430 | $486,844 | 0.29% | F |
U.S. Census Bureau data (2024)
ZIP 74432, located in Eufaula, OK, within the Pittsburg County, OK metro area, is best categorized as a cash-flow anchor within a Section 8 portfolio strategy. The Federal Market Rent (FMR) for the FY 2026 is set at $940, which is significantly higher than the local market rent of $805. This creates a positive spread of $135 per unit, ensuring that landlords can maintain steady cash flow even when the local rental market is not robust.
The median home value in ZIP 74432 is $209,324, indicating a relatively affordable housing market. Landlords who invest in properties here can expect a reliable tenant pool due to the availability of Section 8 vouchers, which subsidize rents up to the FMR level. This means that landlords will be able to lease out their units at the FMR rate, securing a stable income stream regardless of the broader economic conditions affecting the area.
The 0.2% price-cut share and 70-day Days on Market (DOM) suggest that while the market is somewhat competitive, it does not pose a significant threat to maintaining rental rates at or near the FMR. Furthermore, the 23.6% renter share and median income of $47,519 indicate that there is a substantial number of potential tenants who might benefit from the Section 8 program, given the modest median income levels.
In conclusion, ZIP 74432 serves as an excellent cash-flow anchor for a Section 8 portfolio. The guaranteed $135 spread between the FMR and market rent ensures consistent income, making it a reliable investment choice for landlords and small-portfolio investors looking to stabilize their financial returns in a predictable manner.
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.