Location: Haskell 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 | $760 |
| 1 Bedroom | $760 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,240 |
| 4 Bedrooms | $1,410 |
| 5 Bedrooms | $1,636 |
| 6 Bedrooms | $1,832 |
| 7 Bedrooms | $1,979 |
| 8 Bedrooms | $2,078 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,240 | $142,794 | 0.87% | C |
U.S. Census Bureau data (2024)
The market in ZIP code 74472 presents a dynamic equilibrium between supply and demand, leaning slightly towards a scenario where demand is catching up with supply. The Fair Market Rent (FMR) set at $1,090 for the fiscal year 2026 indicates a benchmark that landlords should aim to meet or slightly exceed to remain competitive while ensuring their rental properties are attractive to potential tenants.
In contrast, the current market rent stands at $925, based on recent Census ACS data. This suggests that landlords have an opportunity to increase rents gradually, aligning them more closely with the FMR without alienating existing tenants or deterring new ones. However, the absence of specific data regarding the percentage of price-cut share and days on market (DOM) makes it challenging to pinpoint the exact balance between supply and demand.
The median home value in the area is $135,469. This figure reflects the overall affordability of the housing market, which could be a significant factor influencing the 16.1% renter share. A higher proportion of renters often implies long-term housing pressure due to limited homeownership opportunities or financial constraints. It signals a market where many individuals prefer or are compelled to rent rather than buy, possibly due to lower income levels or a desire for flexibility.
This trend towards renting can be indicative of several underlying factors. First, it might suggest that first-time homebuyers find the purchase price prohibitive, leading them to remain in the rental market. Second, it could reflect a demographic preference for renting over buying, especially among younger populations who may prioritize mobility and lower upfront costs. Lastly, it could point to economic conditions that make homeownership less feasible for a significant portion of the population.
For small-portfolio investors, the current market rent below the FMR provides a strategic entry point. By positioning rental properties at rates close to the FMR, investors can capture a segment of the market willing to pay premium rents, potentially increasing their returns. Additionally, understanding the local economy and why the median home value is relatively low can help investors identify areas for improvement or additional amenities that could attract higher-paying tenants.
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.