HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Cleveland County, Oklahoma (FY 2027)
A two-bedroom in Cleveland County carries a FY 2027 Fair Market Rent of $1,264 a month, effective October 1, 2026 through September 30, 2027. Everything Section 8 pays in Cleveland keys off that figure.
Two-bedroom FMR
$1,264
+1.6% from FY 2026
Payment standard
$1,138–$1,390
90% to 110% of the FMR, two-bedroom
Income to afford
$50,560
a year, with rent at 30% of income
Rank in Oklahoma
2nd of 77
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $958 | $862–$1,054 | $38,320 | $18.42/hr | +2.0% |
| 1 bedroom | $1,040 | $936–$1,144 | $41,600 | $20.00/hr | +2.3% |
| 2 bedroom | $1,264 | $1,138–$1,390 | $50,560 | $24.31/hr | +1.6% |
| 3 bedroom | $1,713 | $1,542–$1,884 | $68,520 | $32.94/hr | +2.3% |
| 4 bedroom | $1,923 | $1,731–$2,115 | $76,920 | $36.98/hr | +3.6% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $2,211 | $1,990–$2,432 |
| 6 bedroom Estimate | $2,500 | $2,250–$2,750 |
| 7 bedroom Estimate | $2,788 | $2,509–$3,067 |
| 8 bedroom Estimate | $3,077 | $2,769–$3,385 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
Two-bedrooms in Oklahoma City are asking $1,171. HUD says $1,264.
That's 7% below the county FMR. Median asking rent across 20 Oklahoma City ZIP codes with active 2BR listings. FMR includes utilities and asking rents usually don't, so the true gap is a little smaller.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Cleveland somewhere between $1,138 and $1,390. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,264 a month is affordable, by HUD's 30% rule, on an income of roughly $50,560 a year. Put another way, $24 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$1,138 | Voucher pays at 100%$1,264 | Voucher pays at 110%$1,390 |
|---|---|---|---|---|
| $2,500 | $750 | $388 | $514 | $640 |
| $4,000 | $1,200 | $0 | $64 | $190 |
Rate history
The two-bedroom rate went up 2% from FY 2026 ($1,244) to FY 2027 ($1,264). Since FY 2020 it's up 40% in total, about 4.9% a year. The Oklahoma median moved down 2% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $684 | $724 | $906 | $1,231 | $1,506 | — |
| FY 2021 | $705 | $738 | $918 | $1,238 | $1,488 | +1.3% |
| FY 2022 | $716 | $746 | $927 | $1,239 | $1,455 | +1.0% |
| FY 2023 | $775 | $821 | $1,016 | $1,353 | $1,536 | +9.6% |
| FY 2024 | $824 | $884 | $1,091 | $1,454 | $1,605 | +7.4% |
| FY 2025 | $886 | $961 | $1,180 | $1,575 | $1,719 | +8.2% |
| FY 2026 | $939 | $1,017 | $1,244 | $1,675 | $1,857 | +5.4% |
| FY 2027In effect | $958 | $1,040 | $1,264 | $1,713 | $1,923 | +1.6% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Cleveland, that runs from $958 for a studio up to $1,923 for four bedrooms, all five rates in the table above.
This is a metro rate. The county doesn't get one of its own. HUD lumps Cleveland in with 4 other counties in the Oklahoma City metro, Oklahoma County, Canadian County, Logan County among them, and every one of them gets $1,264 for a two-bedroom. Where you are inside the metro doesn't change the county number. It does change the ZIP number, covered below.
Among Oklahoma's 77 counties, Cleveland ranks 2nd for two-bedroom FMR. That's about 38% above the state median of $916 and about 19% above the national median county at $1,063. About 300,047 people live here, 3rd in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,090 in 73051 (Lexington) and $1,700 in 73170 (Oklahoma City), with the 13 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 73019 | Norman | $1,310 | +3.6% |
| 73026 | Norman | $1,220 | -3.5% |
| 73051 | Lexington | $1,090 | -13.8% |
| 73068 | Noble | $1,210 | -4.3% |
| 73069 | Norman | $1,230 | -2.7% |
| 73070 | Norman | $1,280 | +1.3% |
| 73071 | Norman | $1,280 | +1.3% |
| 73072 | Norman | $1,320 | +4.4% |
| 73139 | Oklahoma City | $1,090 | -13.8% |
| 73160 | Oklahoma City | $1,350 | +6.8% |
| 73165 | Oklahoma City | $1,200 | -5.1% |
| 73170 | Oklahoma City | $1,700 | +34.5% |
| 73173 | Oklahoma City | $1,380 | +9.2% |
Counties sharing the Oklahoma City metro rate
HUD sets one rate for the whole metro, so every county here carries the same $1,264 two-bedroom figure as Cleveland.
Nearby counties
Two-bedroom FMR, with how each compares to Cleveland.
McClain County
14 mi · 45,273 people
$1,264
same rate
Oklahoma County
18 mi · 806,199 people
$1,264
same rate
Grady County
29 mi · 56,606 people
$1,011
-20%
Pottawatomie County
29 mi · 73,463 people
$949
-25%
Canadian County
31 mi · 168,985 people
$1,264
same rate
Garvin County
37 mi · 25,860 people
$916
-28%
Lincoln County
45 mi · 34,219 people
$916
-28%
Seminole County
46 mi · 23,494 people
$916
-28%
Questions people ask
$1,264 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $958 for a studio, $1,040 for one bedroom, $1,713 for three and $1,923 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Cleveland actually go for?
HUD's number is one input. Search any address in Cleveland for a rent estimate built from nearby comps. Free to start, no card.
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