Location: McCurtain County, OK | Metro: McCurtain County, OK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $690 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $990 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,510 |
| 5 Bedrooms | $1,752 |
| 6 Bedrooms | $1,962 |
| 7 Bedrooms | $2,119 |
| 8 Bedrooms | $2,225 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 74750 reveals several key points for landlords and small-portfolio investors considering investment in this area.
The rent math does not favorably align with the Fair Market Rent (FMR) set at $960 for the fiscal year 2026, compared to the current market rent of $900 based on Census ACS data. This discrepancy suggests that landlords may struggle to achieve the FMR without significant improvements or unique offerings, given the current market conditions.
Regarding acquisition affordability, the data presents challenges. The median home value is not available, which makes it difficult to assess typical property costs. Additionally, the lack of information on days-on-market (DOM) and the percentage of homes experiencing price cuts indicates a need for further research into the local real estate market dynamics. These missing details are crucial for understanding how long properties typically stay on the market and whether sellers are willing to negotiate on price.
Tenant demand in ZIP 74750 is modest. With a total population of 170, only 18.6% are renters, translating to approximately 32 potential tenants. This low number of renters means that the pool of potential tenants is limited, which could affect occupancy rates and the ability to quickly fill vacancies.
In summary, while ZIP 74750 offers opportunities for real estate investment, particularly in rental housing, the current market rent falls short of the FMR, indicating a need for strategic pricing or enhancements to attract higher-paying tenants. Acquisition affordability remains uncertain due to unavailable data on median home values, DOM, and price-cut shares, suggesting that careful investigation into local real estate trends is essential before making any purchase decisions. Lastly, the limited tenant demand highlights the importance of targeting specific rental segments and ensuring that properties meet the needs of the relatively small number of potential renters. Overall, investment in this ZIP code requires a thorough understanding of local market nuances and strategic planning to overcome the identified challenges.
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.