Location: Bryan County, OK | Metro: Bryan 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 | $800 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | $1,620 |
| 5 Bedrooms | $1,879 |
| 6 Bedrooms | $2,104 |
| 7 Bedrooms | $2,272 |
| 8 Bedrooms | $2,386 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,060 | $137,148 | 0.77% | D |
| 3BR | $1,400 | $241,776 | 0.58% | F |
| 4BR | $1,620 | $297,525 | 0.54% | F |
U.S. Census Bureau data (2024)
The HUD Fair Market Rent (FMR) for ZIP 74730 (Calera, OK, Bryan County) in the metro scope for fiscal year 2026 is set at $1,050. In comparison, the Census ACS data indicates the median market rent in this area is $925. This suggests that voucher tenants would generally cashflow at the FMR, providing a stable income source for landlords.
The median home value in ZIP 74730 is $156,100. Using the HUD FMR of $1,050, we can calculate a rent-to-price ratio of approximately 0.7%. This low ratio indicates that the area is more favorable for renting rather than buying, given the current economic conditions.
The median days on market (DOM) for properties is not available, but the low share of price cuts at 0.2% suggests a relatively stable housing market without significant fluctuations. This stability is further reinforced by the high concentration of owner-occupied units at 61.8%, indicating a community where residents are invested in their homes.
In conclusion, the strongest angle for Section 8 investors in ZIP 74730 is likely cashflow, due to the favorable difference between the HUD FMR and the actual market rent, ensuring steady and reliable income from voucher tenants.
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.