Location: Okfuskee County, OK | Metro: Lincoln County, OK HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $740 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,190 |
| 4 Bedrooms | $1,330 |
| 5 Bedrooms | $1,543 |
| 6 Bedrooms | $1,728 |
| 7 Bedrooms | $1,866 |
| 8 Bedrooms | $1,959 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,190 | $209,800 | 0.57% | F |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 74860, located in Okfuskee County, OK metro, reveals several key points. The HUD Fair Market Rent (FMR) for the area is set at $950 per month for fiscal year 2026. In comparison, the actual market rent, based on Census ACS data, is $733 per month. This indicates that voucher tenants will cashflow positively at the HUD FMR rate, meaning landlords can expect to cover their costs and generate a profit without relying on premium units.
To further understand the investment potential, consider the median home value in the area, which stands at $195,950. Using this figure, we can derive a rent-to-price ratio. At $733 per month, the annual rent would be $8,796, leading to a rent-to-price ratio of approximately 4.5%. This ratio suggests that rental income is relatively low compared to the cost of purchasing a property, but it also implies that the properties are affordable and within reach for many investors.
Regarding the days on market (DOM) and the percentage of homes that experience price cuts, these metrics are not available. However, given the positive cashflow potential from voucher tenants, the lack of such data does not significantly impact the attractiveness of investing in rental properties in this area. The primary focus should be on the financial benefits derived from the difference between the HUD FMR and the actual market rent.
The strongest investor angle in ZIP code 74860 is cashflow. Landlords and small-portfolio investors can expect consistent and reliable returns from renting to voucher tenants at the HUD FMR rate, making it an attractive opportunity for those seeking stable rental income.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.