Location: Pittsburg County, OK | Metro: Hughes 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 | $680 |
| 1 Bedroom | $720 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,140 |
| 4 Bedrooms | $1,430 |
| 5 Bedrooms | $1,659 |
| 6 Bedrooms | $1,858 |
| 7 Bedrooms | $2,007 |
| 8 Bedrooms | $2,107 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,140 | $215,872 | 0.53% | F |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 74570, located in the Pittsburg County, OK metro area, reveals several key points that will influence investment decisions. The HUD Fair Market Rent (FMR) for the metro area, set at $940 for fiscal year 2026, is significantly higher than the market rent of $767 as reported by the Census ACS. This means that voucher tenants can cashflow at the FMR level, providing a substantial buffer between the actual market rent and the amount landlords can charge.
To derive the rent-to-price ratio, we use the median home value of $208,657. At the current market rent of $767, the annual rent would be approximately $9,204, leading to a rent-to-price ratio of roughly 4.4%. This indicates that the rental income generated from properties in this area is relatively low compared to their purchase price, suggesting that appreciation rather than cash flow might be the primary driver of returns for investors.
The comparison between the HUD FMR and the actual market rent shows that landlords who accept Section 8 vouchers can expect to see positive cash flow without needing to seek out premium units. This makes ZIP 74570 an attractive option for investors looking to leverage government assistance programs to ensure steady income from their rental properties.
Note that the median Days on Market (DOM) and the percentage of homes that experienced price cuts are not applicable (N/A) in this analysis. However, the absence of these metrics does not detract from the overall attractiveness of the area for Section 8 investments. Given the favorable cash flow potential, the strongest investor angle in ZIP 74570 is likely to be cashflow, as it provides immediate financial benefits over other considerations such as property appreciation or market stability.
In summary, investors in ZIP 74570 should focus on the strong cashflow potential provided by the difference between HUD FMR and market rent, which allows for a comfortable margin when accepting Section 8 vouchers.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.