Location: Le Flore County, OK | Metro: Le Flore County, OK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $700 |
| 1 Bedroom | $760 |
| 2 Bedrooms | $990 |
| 3 Bedrooms | $1,370 |
| 4 Bedrooms | $1,520 |
| 5 Bedrooms | $1,763 |
| 6 Bedrooms | $1,975 |
| 7 Bedrooms | $2,133 |
| 8 Bedrooms | $2,240 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 74935, located in Le Flore County, OK metro, reveals several key points that can inform investment decisions. The HUD Fair Market Rent (FMR) for the area is set at $990 for fiscal year 2026, which is significantly higher than the current market rent of $813 as reported by the Census American Community Survey (ACS).
This discrepancy means that voucher tenants will generally cashflow at the HUD FMR rate. Landlords and small-portfolio investors can expect to cover their mortgage payments, maintenance costs, and other expenses while still turning a profit when renting to voucher holders at the HUD FMR.
The median home value is listed as N/A, indicating that there may be limited data available for residential property values in this area. However, this also suggests that the rental market might be more prominent than the home purchase market, making it a strong consideration for those focused on rental investments.
The N/A-day median Days on Market (DOM) and N/A% price cut share indicate that there is insufficient data to assess the typical time it takes to sell a property or the frequency of price reductions. This lack of information about the buying market further supports the focus on the rental market.
In terms of the rent-to-price ratio, the absence of a median home value makes it challenging to calculate this metric accurately. However, the higher FMR compared to market rent suggests that properties rented to voucher holders could be more valuable than those rented at market rates.
The strongest angle for investors in ZIP 74935 is likely cashflow. Given the higher HUD FMR and the lower market rent, properties rented to voucher tenants can provide a steady and profitable income stream, especially in an area where the rental market appears to dominate over home purchases.
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.