HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Grady County, Oklahoma (FY 2026)
A two-bedroom in Grady County carries a FY 2026 Fair Market Rent of $1,004 a month, effective October 1, 2025 through September 30, 2026. Everything Section 8 pays in Grady keys off that figure.
2 bedroom FMR
$1,004
FY 2026, utilities included
Payment standard range
$904 to $1,104
90% to 110% of FMR
Income to afford 2BR
$40,160
per year, at 30% of income
Rank in Oklahoma
20th of 77
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Grady moves to $1,011. That's up 1%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Grady actually rent for?
Search any address in Grady for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $692 | $623 to $761 | $27,680 | $13.31/hr | +7.3% |
| 1 bedroom | $765 | $689 to $842 | $30,600 | $14.71/hr | +6.7% |
| 2 bedroom | $1,004 | $904 to $1,104 | $40,160 | $19.31/hr | +6.8% |
| 3 bedroom | $1,343 | $1,209 to $1,477 | $53,720 | $25.83/hr | +9.0% |
| 4 bedroom | $1,684 | $1,516 to $1,852 | $67,360 | $32.38/hr | +6.6% |
5 to 8 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 | $1,937 | $1,743 to $2,131 |
| 6 bedroom Estimate | $2,189 | $1,970 to $2,408 |
| 7 bedroom Estimate | $2,442 | $2,198 to $2,686 |
| 8 bedroom Estimate | $2,694 | $2,425 to $2,963 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
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 2026 that's October 1, 2025 through September 30, 2026. In Grady, that runs from $692 for a studio up to $1,684 for four bedrooms, all five rates in the table above.
Grady is its own HUD metro area (Grady County, OK), so the rate here is set from rents inside the county rather than a wider region.
Among Oklahoma's 77 counties, Grady ranks 20th for two-bedroom FMR. That's about 7% above the state median of $937 and within a couple percent of the national median county at $1,018. About 55,314 people live here, 13th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $940 in 73002 (Alex) and $1,250 in 73004 (Amber), with the 11 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.
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 Grady somewhere between $904 and $1,104. 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.
$1,004 a month is affordable, by HUD's 30% rule, on an income of roughly $40,160 a year. Put another way, $19 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($904) | HAP at 100% ($1,004) | HAP at 110% ($1,104) |
|---|---|---|---|---|
| $2,500 | $750 | $154 | $254 | $354 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 7% from FY 2025 ($940) to FY 2026 ($1,004). Since FY 2020 it's up 44% in total, about 6.2% a year. The Oklahoma median moved up 3% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $526 | $530 | $698 | $978 | $1,009 | — |
| FY 2021 | $555 | $559 | $728 | $1,009 | $1,034 | +4.3% |
| FY 2022 | $533 | $578 | $740 | $1,012 | $1,073 | +1.6% |
| FY 2023 | $608 | $641 | $844 | $1,113 | $1,297 | +14.1% |
| FY 2024 | $604 | $678 | $891 | $1,172 | $1,469 | +5.6% |
| FY 2025 | $645 | $717 | $940 | $1,232 | $1,579 | +5.5% |
| FY 2026 | $692 | $765 | $1,004 | $1,343 | $1,684 | +6.8% |
| FY 2027 | $704 | $773 | $1,011 | $1,363 | $1,690 | +0.7% |
Nearby counties
McClain County
$1,24425 mi · pop 42,393
Caddo County
$93728 mi · pop 26,910
Cleveland County
$1,24429 mi · pop 295,060
Canadian County
$1,24432 mi · pop 156,681
Stephens County
$93739 mi · pop 43,140
Oklahoma County
$1,24440 mi · pop 795,822
Garvin County
$93741 mi · pop 25,806
Comanche County
$1,00143 mi · pop 121,777
Questions people ask
$1,004 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $692 for a studio, $765 for one bedroom, $1,343 for three and $1,684 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the 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
See what income a household needs for a given rent.
What does a rental in Grady actually go for?
HUD's number is one input. Search any address in Grady for a rent estimate built from nearby comps. 3 free searches, no card.
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