Location: Pittsburg 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 | $650 |
| 1 Bedroom | $760 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,240 |
| 4 Bedrooms | $1,500 |
| 5 Bedrooms | $1,740 |
| 6 Bedrooms | $1,949 |
| 7 Bedrooms | $2,105 |
| 8 Bedrooms | $2,210 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,240 | $190,845 | 0.65% | D |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 74553, located in Pittsburg County, Oklahoma, reveals several key points that impact investment decisions. The HUD Fair Market Rent (FMR) for the metro area, as of fiscal year 2026, is set at $940. In contrast, the Census ACS reported market rent stands at $716. This means that voucher tenants will generally cashflow at the FMR rate, providing a positive financial outlook for landlords and small-portfolio investors.
To further analyze the potential returns, consider the median home value in ZIP 74553, which is $173,315. Using this figure, we can calculate the rent-to-price ratio. With an FMR of $940, the annual rental income would be approximately $11,280. Dividing this by the median home value yields a rent-to-price ratio of about 6.5%. This ratio suggests that the rental income is relatively high compared to property values, making it attractive for investors looking to generate cash flow from their investments.
The dynamics between renting and buying in this market are significant. However, the data indicates that the median days on market (DOM) and the percentage of homes that required price cuts are not available. Despite this lack of specific data, the strong cashflow potential derived from the higher FMR relative to market rent suggests that voucher tenants can significantly outperform typical market renters.
The strongest investor angle in ZIP 74553 is undoubtedly cashflow. Given the disparity between the HUD FMR and the market rent, properties rented to voucher tenants can provide a steady and substantial income stream, making this a highly appealing option for those focused on generating immediate returns from their real estate investments.
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.