Section 8 Fair Market Rent (FMR) for ZIP 74760 - 2027
Location: Pushmataha County, OK | Metro: Choctaw County, OK
FY 2027 Fair Market Rent Rates
| Unit Size |
Monthly FMR |
| Studio | $770 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,420 |
| 5 Bedrooms | $1,647 |
| 6 Bedrooms | $1,845 |
| 7 Bedrooms | $1,993 |
| 8 Bedrooms | $2,093 |
Demographics & Housing Statistics
U.S. Census Bureau data (2024)
Median Household Income
$50,250
To determine if a landlord should buy in ZIP code 74760 for Section 8 purposes, follow this decision tree:
- Does FMR ($950) clear debt service on a property?
- If the Fair Market Rent (FMR) of $950 for the metro area in fiscal year 2026 does not cover the debt service of a property in ZIP 74760, then the answer is No. Debt service includes all mortgage payments, taxes, insurance, and maintenance costs. If these costs exceed $950, the property is not financially viable under Section 8.
- If the FMR of $950 does cover the debt service, proceed to the next question.
- Is market rent ($575) above, at, or below FMR?
- If the average market rent of $575, based on Census ACS data, is significantly below the FMR of $950, the answer is It Depends. This indicates that the property might be overpriced for the local rental market, but it could still be profitable for Section 8 tenants who can pay up to the FMR.
- If the market rent is close to or above the FMR, proceed to the final question.
- Are 37.7% renters + N/A-day DOM enough demand?
- The percentage of renters at 37.7% suggests a moderate level of demand for rental properties. However, without knowing the days on market (DOM), it's unclear how quickly properties are being rented. If the DOM is low, indicating quick turnover, then the answer is Yes. There is sufficient demand to support a Section 8 investment.
- If the DOM is high, suggesting slow turnover, then the answer is No. The demand isn't strong enough to warrant an investment in Section 8 properties in this area.
Note: The N/A placeholders indicate missing data which would be necessary to make a fully informed decision. For a precise analysis, ensure you have complete data on property costs and rental market dynamics.
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.