Section 8 Fair Market Rent (FMR) for ZIP 74726 - 2027

Location: Bryan County, OK | Metro: Bryan County, OK

Investment Score for ZIP 74726

N/A
Monthly Rent (2BR)
$920
Median Price (2BR)
$N/A
1% Rule
0%
Annual Yield
0%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$700
1 Bedroom$700
2 Bedrooms$920
3 Bedrooms$1,210
4 Bedrooms$1,400
5 Bedrooms$1,624
6 Bedrooms$1,819
7 Bedrooms$1,965
8 Bedrooms$2,063

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
3BR $1,210 $224,172 0.54% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
2,065
Median Household Income
$53,274
Housing Units
975
Renter Percentage
23.6%
Occupancy Rate
86.1%
Renter Occupied
198

The ZIP code 74726 is situated in a neighborhood characterized by a relatively small population of 2,065 residents, where nearly one-quarter (23.6%) of the inhabitants are renters. The median household income in this area stands at $53,274, indicating a middle-class community. The median home value in ZIP 74726 is $225,997, reflecting a modest yet stable housing market.

Moving into the specifics of rental economics, the Fair Market Rent (FMR) for ZIP 74726 as of metro fiscal year 2026 is set at $940. This figure contrasts slightly with the actual market rent, which is recorded at $962 according to the Census ACS. These numbers suggest that the rental market is closely aligned with government guidelines, providing a predictable environment for landlords and investors.

For a Section 8 investor, ZIP 74726 presents an opportunity that can be tailored to different investment strategies. A hands-off voucher operator would find comfort in the close alignment between FMR and market rents, ensuring steady cash flow without significant fluctuations. On the other hand, a hands-on value-add buyer could leverage the modest home values and middle-income demographic to enhance property offerings and potentially command higher rents above the FMR, although they must be cautious not to exceed the market rate significantly.

In summary, ZIP 74726 offers a balanced investment landscape for both passive and active Section 8 investors. With a median income of $53,274 and a median home value of $225,997, the area supports a predictable rental market where FMRs hover around $940, nearly matching the actual market rent of $962. This makes it suitable for hands-off operators seeking consistent returns, while also presenting opportunities for hands-on investors looking to add value and capture a premium in a controlled manner.

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.