Location: Muskogee County, OK | Metro: McIntosh 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 | $690 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,180 |
| 4 Bedrooms | $1,320 |
| 5 Bedrooms | $1,531 |
| 6 Bedrooms | $1,715 |
| 7 Bedrooms | $1,852 |
| 8 Bedrooms | $1,945 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $920 | $145,623 | 0.63% | D |
| 3BR | $1,180 | $250,943 | 0.47% | F |
U.S. Census Bureau data (2024)
14.1% of Porum, OK's residents are renters, indicating a moderate demand for rental properties in ZIP code 74455. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $940, which is significantly higher than the current market rent of $694 as reported by the Census ACS. This gap suggests potential for rental income growth if properties are priced closer to the FMR. With a median home value of $204,144, there is an opportunity for investment in both single-family homes and multi-unit buildings, given the relatively low entry point compared to many other markets. However, the median income in the area stands at $51,786, which could limit the financial capacity of tenants to pay higher rents. Despite this, the low day DOM (days on market) figure, which is not available, implies that properties are likely to be rented quickly once they become available. Additionally, the 0.1% price-cut share indicates that few landlords have had to reduce their asking prices to attract tenants, suggesting strong tenant interest at current pricing levels. For landlords and small-portfolio investors, Porum presents a balanced market where the FMR is notably above the current market rent, but caution must be exercised due to the lower median income. The Section 8 program can help bridge this gap, providing a stable source of income for landlords willing to participate. Given these factors, landlords should consider the benefits of Section 8 participation, especially in light of the attractive FMR versus market rent differential.
940
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.