Location: Pottawatomie County, OK | Metro: Pottawatomie County, OK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $720 |
| 1 Bedroom | $730 |
| 2 Bedrooms | $950 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,500 |
| 5 Bedrooms | $1,740 |
| 6 Bedrooms | $1,949 |
| 7 Bedrooms | $2,105 |
| 8 Bedrooms | $2,210 |
The classification of ZIP code 74802 in Unknown, Oklahoma, hinges largely on the available data points for analysis. On the axis of yield, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $940. This figure is crucial as it directly influences the potential rental income that can be derived from properties within this ZIP code. However, without specific market rent and home value figures for ZIP 74802, it's challenging to provide a precise comparison. Typically, if the market rent exceeds the FMR, it indicates a higher yield opportunity, but in this case, we only have the FMR to consider.
Moving onto stability, which is typically gauged by the percentage of renters, days on market (DOM), and median household income, the data provided does not offer any specifics for these metrics in ZIP 74802. The absence of such information makes it difficult to assess the stability of the rental market in this area. A high percentage of renters and shorter DOM usually suggest a stable market, while a higher median household income often correlates with lower vacancy rates and greater financial security for landlords.
Given the limited data, ZIP 74802 cannot be definitively classified into a high-yield/low-stability flip-style market or a steady-cashflow zone. The FMR of $940 suggests a moderate yield potential, but without comparative market rent and home value figures, the exact yield advantage remains unclear. Similarly, the lack of information on the percentage of renters, DOM, and median income precludes a comprehensive assessment of stability. Landlords and small-portfolio investors should seek additional local market data to make informed decisions about investing in this ZIP code.
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.