Location: Pushmataha County, OK | Metro: Atoka 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 | $700 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,330 |
| 5 Bedrooms | $1,543 |
| 6 Bedrooms | $1,728 |
| 7 Bedrooms | $1,866 |
| 8 Bedrooms | $1,959 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $920 | $102,657 | 0.9% | C |
| 3BR | $1,260 | $177,255 | 0.71% | D |
U.S. Census Bureau data (2024)
The Section 8 thesis for properties in ZIP code 74523, specifically in Antlers, Oklahoma, centers around the significant gap between the Fair Market Rent (FMR) and the actual market rent. For fiscal year 2026, the FMR is set at $940, while the Census ACS reports the average market rent at $688. This means there is a gap of $252, or approximately 36.5%, between what the government deems fair and what landlords can currently charge.
Given that the FMR exceeds the market rent, properties in Antlers, OK, become attractive for landlords looking to maximize their yields. The higher FMR allows landlords to receive a greater subsidy per unit than the prevailing market rate, thus increasing profitability. With only 27.7% of residents renting and a median home value of $143,068, the rental market remains relatively untapped compared to homeownership. Additionally, the median income of $47,702 suggests that many residents could benefit from the rental assistance provided by the Section 8 program.
Landlords should consider the implications of accepting Section 8 vouchers. While the higher subsidy can lead to increased cash flow, it also means they must be willing to accept a fixed rent amount set by the government, which is lower than what they might charge in the open market. This fixed rate ensures affordability for low-income families but can limit the landlord's ability to adjust rents based on market conditions.
To summarize, the gap between the FMR and market rent makes Antlers, OK, a prime location for yield-focused investments through the Section 8 program. Landlords can secure higher rental income than the local market average, benefiting from the government subsidies while providing affordable housing options to those who need them most.
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.