Oklahoma · FIPS 40035 · HUD FY 2027
Craig County, Oklahoma Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Craig County is $940 a month (rent plus utilities), 17% below the Oklahoma average of $1,127 and 47% below the U.S. average of $1,761. That is down $51 (5.1%) from FY 2026. At 30% of income, a household needs about $37,600 a year to afford it.
- $9402-bedroom FMR−$51 (−5.1%) vs FY 2026
- $7191-bedroom FMROklahoma: $914 · U.S.: $1,478
- $37,600Income for a 2-bedroom$18/hour full-time
- 33 of 772BR rank in Oklahoma1 = highest rent
| Unit | Craig County FY 2027 | FY 2026 | Change | Oklahoma avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $714 | $745 | −$31 (−4.2%) | $857 | $1,379 | $28,560 |
| 1 bedroom | $719 | $755 | −$36 (−4.8%) | $914 | $1,478 | $28,760 |
| 2 bedrooms | $940 | $991 | −$51 (−5.1%) | $1,127 | $1,761 | $37,600 |
| 3 bedrooms | $1,176 | $1,209 | −$33 (−2.7%) | $1,499 | $2,266 | $47,040 |
| 4 bedrooms | $1,235 | $1,312 | −$77 (−5.9%) | $1,708 | $2,607 | $49,400 |
How Craig County compares
- Craig 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: $714, $719, $940, $1,176, $1,235. 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 5 ZIP codes mostly in Craig County (by land area), the 2-bedroom figure ranges from $920 to $1,040.
Small Area FMRs by ZIP code in Craig County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 74301 | $700 | $710 | $930 | $1,160 | $1,420 | −$60 (−6.1%) | 1% below |
| 74332 | $800 | $810 | $1,040 | $1,350 | $1,440 | −$60 (−5.5%) | 11% above |
| 74333 | $700 | $700 | $920 | $1,150 | $1,200 | −$20 (−2.1%) | 2% below |
| 74349 | $800 | $800 | $1,040 | $1,340 | $1,370 | +$20 (+2.0%) | 11% above |
| 74369 | $700 | $700 | $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.