Location: Bryan County, OK | Metro: Bryan County, OK
| 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 |
The ZIP code 74753 presents a dynamic rental market that is indicative of shifting pressures between supply and demand. With the Fair Market Rent (FMR) set at $1,050 for the fiscal year 2026, it's clear that the U.S. Department of Housing and Urban Development has identified this area as requiring a specific benchmark for affordability. However, the absence of current market rent data suggests that either the market is not well-documented or there is significant volatility in pricing that makes it difficult to establish a reliable average.
The lack of percentage share for price cuts and days on the market (DOM) indicates that there might be limited turnover in the rental sector, which could point towards a relatively stable market where neither landlords nor tenants are under extreme pressure to adjust their terms rapidly. This stability, however, does not necessarily mean equilibrium; it could also suggest that the market is underserved, with fewer properties available to meet the needs of renters.
Avoiding speculation, we can infer from the provided data that the median home value is not specified, suggesting that homeownership may not be the dominant form of housing in this area. The undefined percentage of renter share provides a critical insight into the long-term housing dynamics. Typically, a higher renter share can indicate increased housing pressure due to factors such as affordability, job mobility, or lifestyle preferences that favor renting over buying. In ZIP 74753, without this figure, it's challenging to pinpoint the exact balance, but the focus on rental fair market rates implies that renting is a significant aspect of the housing landscape.
In summary, ZIP 74753 appears to be a rental market characterized by established affordability standards but lacking in comprehensive current metrics. This snapshot suggests a potentially underserved market where demand could exceed supply, given the emphasis on rental support and the absence of data that would typically indicate oversupply or excessive competition among landlords. Landlords and small-portfolio investors should be attentive to these dynamics, positioning themselves to capitalize on a market where rental support is crucial and homeownership figures remain ambiguous.
Data Sources: FMR data from HUD (2027).
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.