Location: McCurtain County, OK | Metro: McCurtain 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 | $640 |
| 1 Bedroom | $720 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,230 |
| 4 Bedrooms | $1,400 |
| 5 Bedrooms | $1,624 |
| 6 Bedrooms | $1,819 |
| 7 Bedrooms | $1,965 |
| 8 Bedrooms | $2,063 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,230 | $180,312 | 0.68% | D |
U.S. Census Bureau data (2024)
18.8% of the residents in ZIP code 74736 are renters, indicating a modest demand for rental properties. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $940, which represents the maximum allowable rent for Section 8 housing vouchers. This is significantly higher than the $660 average market rent reported by the Census Bureau's American Community Survey, suggesting that Section 8 tenants could cover a substantial portion of the rent in this area. Landlords might find it beneficial to consider the median home value of $174,994 when assessing the overall property values and potential investment opportunities in the region.
$59,167 is the median income for households in ZIP 74736, which is below the national average. This lower income level supports the presence of a viable Section 8 tenant base. However, the lack of data on days on market (DOM) and the percentage of price-cut shares indicates a need for further investigation into the local real estate market dynamics. It's important for investors to understand how quickly properties sell and whether there is a trend of price reductions, which can affect profitability and investment returns.
The disparity between the $940 FMR and the $660 market rent provides a compelling opportunity for landlords to secure steady rental income through Section 8 tenants. Despite the lower median income, the relatively high FMR suggests that the government subsidy will cover a significant portion of the rent, making it a stable source of income. Given the limited data on DOM and price-cut shares, landlords should conduct thorough due diligence on individual properties before investing.
Verdict: ZIP 74736 presents a favorable environment for Section 8 investments, with the FMR exceeding the market rent, ensuring landlords receive competitive rates.
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.