Location: Pushmataha County, OK | Metro: Pushmataha County, OK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $640 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,340 |
| 5 Bedrooms | $1,554 |
| 6 Bedrooms | $1,740 |
| 7 Bedrooms | $1,879 |
| 8 Bedrooms | $1,973 |
U.S. Census Bureau data (2024)
The ZIP code 74558 is situated in a rural setting, primarily encompassing the town of Poteau, Oklahoma. With a total population of 383, it's a small community where nearly one-quarter of residents are renters, making up 23.7% of the populace. The median household income stands at $45,455, indicating a modest economic environment typical of rural areas.
In terms of housing, the median home value is not available, which often suggests a diverse mix of property types and values. However, the rental market provides a clearer picture. According to the Census ACS, the average market rent in ZIP 74558 is $613 per month. This figure contrasts sharply with the Fair Market Rent (FMR), set at $940 for the metro area in fiscal year 2026, as determined by the U.S. Department of Housing and Urban Development (HUD).
The discrepancy between the HUD's FMR and the actual market rent highlights an opportunity for both hands-off voucher operators and hands-on value-add buyers. For those looking to operate with minimal involvement, the higher FMR compared to the market rent means that Section 8 vouchers can cover a significant portion of the rental costs, ensuring steady income without the need for extensive property management. On the other hand, for investors willing to take a more active role, there is potential to increase rents closer to the FMR level by improving properties or offering superior amenities, thereby enhancing their returns.
In summary, ZIP 74558 offers a niche market for Section 8 investors, characterized by its small, rural nature and modest economic conditions. The current market rent of $613 is well below the HUD's FMR of $940, presenting opportunities for passive income generation through voucher acceptance or for strategic, hands-on investment to capitalize on the economic gap.
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.