Section 8 Fair Market Rent (FMR) for ZIP 74557 - 2027

Location: Pushmataha County, OK | Metro: Pushmataha County, OK

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$660
1 Bedroom$810
2 Bedrooms$970
3 Bedrooms$1,350
4 Bedrooms$1,620
5 Bedrooms$1,879
6 Bedrooms$2,104
7 Bedrooms$2,272
8 Bedrooms$2,386

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
539
Median Household Income
$39,063
Housing Units
437
Renter Percentage
7.8%
Occupancy Rate
50.1%
Renter Occupied
17

The Fair Market Rent (FMR) for ZIP code 74557 in the upcoming fiscal year 2026 is set at $1,070. This figure represents the maximum amount that a landlord can receive through the Section 8 program for a unit in this area. It's important to note that this is not the rent you will charge your tenants directly; it's the payment standard used by the Housing Choice Voucher program.

In comparison, the average rent for the same ZIP code based on Census ACS data is $670. This suggests that there is potential for landlords to earn above the average market rate when participating in the Section 8 program, provided they meet the necessary criteria and requirements.

The renter share in ZIP 74557 is 7.8%, indicating a moderate level of demand for rental properties. While this percentage might seem low, it translates into a significant number of potential tenants who could benefit from Section 8 vouchers, ensuring a steady stream of renters interested in your property.

Regarding acquisition costs, the data provided indicates it as N/A, which means there is no specific information available on the typical costs of acquiring a rental property in this ZIP code. However, this does not affect the decision to participate in the Section 8 program, as the focus should be on the ongoing management and rental income rather than the initial purchase price.

Before committing to a Section 8 rental property, verify that your property meets the minimum housing quality standards known as the Housing Quality Standards (HQS). These standards ensure that the property is safe and habitable, covering areas such as structural integrity, heating, plumbing, and electrical systems. Compliance with HQS is mandatory for participation in the program and is critical to avoid any complications or delays once you decide to enroll.

In summary, the FMR of $1,070 offers a clear benchmark for the maximum allowable rent under the Section 8 program, significantly higher than the local average of $670. With a moderate demand indicated by the 7.8% renter share, and no specific acquisition cost data, the key factor remains ensuring your property meets the required safety and quality standards. This will allow you to confidently proceed with your first Section 8 rental in ZIP 74557.

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.