Location: McIntosh County, OK | Metro: McIntosh County, OK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $640 |
| 1 Bedroom | $720 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,300 |
| 5 Bedrooms | $1,508 |
| 6 Bedrooms | $1,689 |
| 7 Bedrooms | $1,824 |
| 8 Bedrooms | $1,915 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 74459 in the metro area for fiscal year 2026 is set at $940. This figure represents the payment standard used by the U.S. Department of Housing and Urban Development (HUD) for the Section 8 program, which means it's the maximum amount HUD will pay towards a tenant's rent in this area. It's important to note that this does not equate to the total rent you can charge your tenant; rather, it's the ceiling on what the government will contribute.
To understand the potential demand for a Section 8 rental property in ZIP 74459, consider the average renter share, which is 4.5% of the population. This indicates that a significant portion of residents might be looking for affordable housing options, making it likely that there is demand for Section 8 properties. However, since the local median rent is listed as N/A, it's difficult to provide a direct comparison between typical market rents and the Section 8 payment standard. Despite this lack of data, the presence of a notable percentage of renters suggests that the demand for affordable housing could still be strong.
Regarding the acquisition cost of a property in ZIP 74459, the information is also listed as N/A. Without specific numbers, it's challenging to give a precise assessment of how much you might expect to pay for a property. However, you should ensure that the FMR of $940 covers at least a portion of your costs, including mortgage payments, maintenance, insurance, and other expenses associated with owning and managing a rental property.
Before proceeding with a Section 8 rental property in ZIP 74459, one key verification step is to confirm that your property meets the minimum standards set by HUD. These standards include basic health and safety requirements and are designed to ensure that tenants live in decent, safe, and sanitary housing. Failure to meet these standards could result in penalties or disqualification from the program.
In summary, while the local median rent and acquisition costs are not available, the FMR of $940 provides a benchmark for government contribution to tenant rent. With a significant portion of the population being renters, there is likely demand for affordable housing. Ensure your property complies with HUD's minimum standards before finalizing your decision.
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.