Oklahoma · FIPS 40033 · HUD FY 2027
Cotton County, Oklahoma Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Cotton County is $916 a month (rent plus utilities), 19% below the Oklahoma average of $1,127 and 48% below the U.S. average of $1,761. That is down $46 (4.8%) from FY 2026. At 30% of income, a household needs about $36,640 a year to afford it.
- $9162-bedroom FMR−$46 (−4.8%) vs FY 2026
- $7001-bedroom FMROklahoma: $914 · U.S.: $1,478
- $36,640Income for a 2-bedroom$18/hour full-time
- 37 of 772BR rank in Oklahoma1 = highest rent
| Unit | Cotton County FY 2027 | FY 2026 | Change | Oklahoma avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $696 | $728 | −$32 (−4.4%) | $857 | $1,379 | $27,840 |
| 1 bedroom | $700 | $733 | −$33 (−4.5%) | $914 | $1,478 | $28,000 |
| 2 bedrooms | $916 | $962 | −$46 (−4.8%) | $1,127 | $1,761 | $36,640 |
| 3 bedrooms | $1,091 | $1,153 | −$62 (−5.4%) | $1,499 | $2,266 | $43,640 |
| 4 bedrooms | $1,510 | $1,614 | −$104 (−6.4%) | $1,708 | $2,607 | $60,400 |
How Cotton County compares
- HUD sets this rent for the Cotton County, OK metro FMR area, which covers 5,485 residents in 1 county.
- Across Oklahoma, 2-bedroom FMRs run from $916 (Washita County) to $1,264 (Canadian County).
- Studio to 4-bedroom: $696, $700, $916, $1,091, $1,510. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 6 ZIP codes mostly in Cotton County (by land area), the 2-bedroom figure ranges from $920 to $930.
Small Area FMRs by ZIP code in Cotton County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 73528 | $710 | $770 | $920 | $1,260 | $1,520 | −$20 (−2.1%) | about the same as |
| 73531 | $700 | $700 | $920 | $1,090 | $1,510 | −$20 (−2.1%) | about the same as |
| 73548 | $710 | $720 | $930 | $1,180 | $1,530 | −$20 (−2.1%) | 2% above |
| 73562 | $700 | $700 | $920 | $1,090 | $1,510 | −$20 (−2.1%) | about the same as |
| 73568 | $700 | $700 | $920 | $1,090 | $1,510 | −$20 (−2.1%) | about the same as |
| 73572 | $710 | $710 | $920 | $1,260 | $1,520 | −$40 (−4.2%) | about the same as |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.