Section 8 Fair Market Rent (FMR) for ZIP 74755 - 2027

Location: McCurtain County, OK | Metro: Choctaw County, OK

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$750
1 Bedroom	$790
2 Bedrooms	$1,030
3 Bedrooms	$1,340
4 Bedrooms	$1,460
5 Bedrooms	$1,694
6 Bedrooms	$1,897
7 Bedrooms	$2,049
8 Bedrooms	$2,151

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

186

Median Household Income

$N/A

Housing Units

Renter Percentage

28.6%

Occupancy Rate

78.9%

Renter Occupied

The zip code 74755, located in Tahlequah, Oklahoma, is a growing area with significant opportunities for real estate investment, particularly in rental properties. The region benefits from a diverse economy supported by both local industries and the presence of Northeastern State University, which contributes to a steady demand for housing.

Fair Market Rent (FMR) for 2026: The FMR for a one-bedroom apartment in the metro area for fiscal year 2026 is set at $1,040. This figure provides a benchmark for rental pricing in the area.
Renter Share: In zip code 74755, 28.6% of households are renters, indicating a substantial portion of the population that relies on rental properties for housing.
Median Home Value: While the median home value is currently not available, the high renter share suggests that there is a significant segment of the population that prefers renting over homeownership.
Days on Market (DOM): Although the exact number of days on market for listings is not provided, a high renter share often correlates with faster turnover rates for rental properties.
Median Income: The median income data for zip code 74755 is not specified, but it's important for investors to consider the earning capacity of potential tenants when setting rental prices and evaluating the financial health of the area.

For landlords and small-portfolio investors looking to enter the Tahlequah market, the upcoming FMR increase to $1,040 for one-bedroom units offers a clear target for rental pricing. With nearly 30% of households choosing to rent, there is a consistent demand for rental properties. Despite the lack of specific median home values and median income figures, the high renter share indicates a strong rental market, likely leading to shorter vacancy periods. Investors should focus on properties that meet the needs of students and working professionals, ensuring they can command rents reflective of the FMR while maintaining occupancy levels.

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.