Oklahoma · FIPS 40021 · HUD FY 2027
Cherokee County, Oklahoma Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Cherokee County is $943 a month (rent plus utilities), 16% below the Oklahoma average of $1,127 and 46% below the U.S. average of $1,761. That is down $5 (0.5%) from FY 2026. At 30% of income, a household needs about $37,720 a year to afford it.
- $9432-bedroom FMR−$5 (−0.5%) vs FY 2026
- $7501-bedroom FMROklahoma: $914 · U.S.: $1,478
- $37,720Income for a 2-bedroom$18/hour full-time
- 31 of 772BR rank in Oklahoma1 = highest rent
| Unit | Cherokee County FY 2027 | FY 2026 | Change | Oklahoma avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $746 | $764 | −$18 (−2.4%) | $857 | $1,379 | $29,840 |
| 1 bedroom | $750 | $769 | −$19 (−2.5%) | $914 | $1,478 | $30,000 |
| 2 bedrooms | $943 | $948 | −$5 (−0.5%) | $1,127 | $1,761 | $37,720 |
| 3 bedrooms | $1,187 | $1,215 | −$28 (−2.3%) | $1,499 | $2,266 | $47,480 |
| 4 bedrooms | $1,239 | $1,255 | −$16 (−1.3%) | $1,708 | $2,607 | $49,560 |
How Cherokee County compares
- Cherokee County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Oklahoma, 2-bedroom FMRs run from $916 (Washita County) to $1,264 (Canadian County).
- Studio to 4-bedroom: $746, $750, $943, $1,187, $1,239. 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 7 ZIP codes mostly in Cherokee County (by land area), the 2-bedroom figure ranges from $920 to $1,110.
Small Area FMRs by ZIP code in Cherokee County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 74427 | $720 | $730 | $920 | $1,150 | $1,200 | −$20 (−2.1%) | 2% below |
| 74441 | $800 | $800 | $1,010 | $1,270 | $1,330 | no change | 7% above |
| 74451 | $880 | $880 | $1,110 | $1,400 | $1,460 | +$20 (+1.8%) | 18% above |
| 74452 | $780 | $780 | $990 | $1,290 | $1,320 | +$10 (+1.0%) | 5% above |
| 74457 | $760 | $780 | $990 | $1,240 | $1,340 | no change | 5% above |
| 74464 | $770 | $770 | $970 | $1,220 | $1,270 | no change | 3% above |
| 74471 | $720 | $730 | $920 | $1,150 | $1,200 | −$20 (−2.1%) | 2% below |
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.