Location: Le Flore County, OK | Metro: Le Flore County, OK
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 | $690 |
| 1 Bedroom | $740 |
| 2 Bedrooms | $970 |
| 3 Bedrooms | $1,340 |
| 4 Bedrooms | $1,490 |
| 5 Bedrooms | $1,728 |
| 6 Bedrooms | $1,935 |
| 7 Bedrooms | $2,090 |
| 8 Bedrooms | $2,195 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $970 | $84,657 | 1.15% | B |
| 3BR | $1,340 | $163,365 | 0.82% | C |
| 4BR | $1,490 | $266,115 | 0.56% | F |
U.S. Census Bureau data (2024)
The classification of ZIP code 74959 in Oklahoma hinges on the interplay between its yield potential and market stability. On the yield axis, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 stands at $1,010, while the local market rent is lower at $816. The median home value in the area is $151,527. This suggests that the rental market offers a decent return relative to the cost of property, indicating a moderate yield environment.
Moving to the stability axis, the ZIP code reveals a less favorable picture. With only 27.4% of residents being renters, there's a relatively low demand for rental properties. The lack of data on days on market (DOM) makes it difficult to assess how quickly properties can be rented out, but the average household income of $56,089 provides some insight into the economic base supporting the rental market. Given this income level, the rental rates must be competitive to attract tenants, which could imply a higher vacancy risk if rents aren't managed carefully.
Based on these figures, ZIP 74959 leans towards a steady-cashflow zone. While the yield isn't exceptionally high due to the lower percentage of renters and the income levels, the presence of a moderate rental rate relative to home values means that landlords can expect a consistent, though not explosive, cash flow. However, the market's stability is compromised by the limited rental population, suggesting that landlords should be cautious about setting rents too high and should focus on maintaining occupancy through good management practices.
To summarize, the key figures driving this assessment are the FMR of $1,010 and the local market rent of $816, which indicate a reasonable but not outstanding yield. The stability is impacted by the 27.4% rental rate and the average income of $56,089, pointing to a need for careful tenant selection and rent pricing strategies to ensure a steady stream of income.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.