Location: Pushmataha County, OK | Metro: McCurtain 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 74562 presents a dynamic rental market that is currently in flux. With a Fair Market Rent (FMR) of $940 for the fiscal year 2026, the area is set to experience a notable increase in rental prices compared to the current market rent of $585, as reported by the Census American Community Survey (ACS). This discrepancy suggests an upward trend in rental costs, indicative of a market where demand is likely to exceed supply.
The absence of specific data on price-cut share and days on market (DOM) indicates that there might be limited activity in adjusting rental prices to match the market conditions, or that such adjustments are infrequent. However, the significant gap between the FMR and the current market rent implies that landlords have room to raise their rents without necessarily facing strong resistance from tenants, which could lead to higher occupancy rates and increased revenue.
The 20.9% renter share highlights a substantial portion of the population that relies on renting for their housing needs. This figure points towards ongoing long-term housing pressure, as a higher percentage of renters often correlates with fewer opportunities for homeownership. Landlords and small-portfolio investors should consider this statistic as a sign of persistent demand for rental properties in the area.
In conclusion, ZIP 74562 appears to be a market where demand for rental properties is likely to surpass supply, driven by the anticipated rise in rental prices. The high renter share suggests enduring pressure on the rental market, making it a potentially attractive investment opportunity for those looking to capitalize on steady demand.
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.