Section 8 Fair Market Rent (FMR) for ZIP 74468 - 2027

Location: Muskogee County, OK | Metro: Muskogee County, OK

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$710
1 Bedroom$720
2 Bedrooms$940
3 Bedrooms$1,180
4 Bedrooms$1,350
5 Bedrooms$1,566
6 Bedrooms$1,754
7 Bedrooms$1,894
8 Bedrooms$1,989

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
260
Median Household Income
$66,875
Housing Units
117
Renter Percentage
7.5%
Occupancy Rate
91.5%
Renter Occupied
8

The ZIP code 74468 is primarily a homeowner-dominated area rather than a renter-heavy zone. With only 7.5% of the population renting, there is limited demand for Section 8 vouchers. This low percentage of renters suggests that landlords in this area should not anticipate a high volume of tenants seeking government assistance.

The median household income in ZIP 74468 stands at $66,875. The typical market rent of $820 represents approximately 12.2% of the median income. This indicates that most residents can afford the average rent without significant financial strain, further supporting the notion that voucher usage will be minimal.

Comparing the market rent to the Fair Market Rent (FMR) of $970 for fiscal year 2026, it becomes evident that the actual rents are below the FMR, which is set by HUD to reflect the cost of decent-quality rental housing. Landlords should note that while their properties may be priced competitively, the FMR provides a benchmark for understanding the relative affordability of housing in the region.

In terms of tenant profiles, landlords in ZIP 74468 can expect to attract individuals and families who are financially stable enough to pay market rates without relying on rental assistance programs. Given the area's characteristics, tenants are likely to have steady incomes and be able to cover rent from their own resources.

To summarize, ZIP 74468 is not an ideal location for landlords looking to cater specifically to Section 8 tenants due to its low percentage of renters and relatively high median income. Instead, the focus should be on attracting tenants who can afford the current market rates without subsidy.

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.