Section 8 Fair Market Rent (FMR) for ZIP 74543 - 2027
Location: Pushmataha County, OK | Metro: Pushmataha County, OK
FY 2027 Fair Market Rent Rates
| Unit Size |
Monthly FMR |
| Studio | $640 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,330 |
| 5 Bedrooms | $1,543 |
| 6 Bedrooms | $1,728 |
| 7 Bedrooms | $1,866 |
| 8 Bedrooms | $1,959 |
Demographics & Housing Statistics
U.S. Census Bureau data (2024)
Median Household Income
$82,222
When considering whether to purchase a property in ZIP code 74543 for Section 8 investment, follow these steps:
- Step 1: Debt Service Coverage Ratio (DSCR): The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is $940. Determine if this amount can cover the debt service on the property you're interested in. Since the property value is not specified, calculate the DSCR based on the $940 FMR. If the DSCR is less than 1, it means the rent does not cover the mortgage payments, leading to a no.
- Step 2: Market Rent Comparison: Compare the $940 FMR to the local market rent. If the market rent is significantly higher, then the property may be undervalued for Section 8 purposes, making it a good investment. If market rent is at or below $940, the property will not generate additional income beyond what is necessary to meet the FMR requirements, leading to an it depends on your investment goals.
- Step 3: Demand Analysis: Analyze the demand for rental properties in ZIP 74543. Currently, 14.7% of residents are renters, and the days on market (DOM) average is not specified. If the DOM is low, it indicates strong demand, supporting a yes. If DOM is high, it suggests weak demand, leading to a no.
To summarize, if the FMR of $940 can clear debt service and there is strong demand indicated by a low DOM, then purchasing a property in ZIP 74543 for Section 8 is advisable. However, if the FMR cannot cover debt service or the market rent is at or below $940, the decision to invest hinges on your specific financial and investment criteria. Weak demand, marked by a high DOM, would generally discourage investment in this area for Section 8 purposes.
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.