Location: Le Flore County, OK | Metro: Le Flore County, OK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $650 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,400 |
| 5 Bedrooms | $1,624 |
| 6 Bedrooms | $1,819 |
| 7 Bedrooms | $1,965 |
| 8 Bedrooms | $2,063 |
U.S. Census Bureau data (2024)
ZIP 74939, located in Le Flore County, OK, serves as a cash-flow anchor within a Section 8 portfolio strategy. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $940, whereas the median market rent is estimated at $775. This $165 spread between the FMR and the median market rent ensures a steady and reliable income stream for landlords participating in the Section 8 program.
The median home value in ZIP 74939 stands at $182,550, making it an attractive option for investors seeking properties with lower acquisition costs. Given the FMR of $940, landlords can expect to receive a fixed rental income that exceeds the local market rate, thus providing a cushion against potential fluctuations in the broader housing market.
While the area does not present significant opportunities for appreciation, as evidenced by the lack of data on price-cut shares and days on market, it offers a stable environment for long-term investments. With a 13.5% renter share and a median income of $47,778, the demand for affordable housing remains consistent, further supporting the case for using this ZIP as a cash-flow anchor in a diversified real estate portfolio.
To summarize, ZIP 74939 is best suited as a cash-flow anchor due to its favorable FMR compared to market rents and its relatively low median home value. These factors contribute to a predictable and stable income source for landlords, making it a valuable component in a Section 8 investment strategy.
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.