Location: Washington County, OK | Metro: Washington County, OK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $810 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,080 |
| 3 Bedrooms | $1,510 |
| 4 Bedrooms | $1,530 |
| 5 Bedrooms | $1,775 |
| 6 Bedrooms | $1,988 |
| 7 Bedrooms | $2,147 |
| 8 Bedrooms | $2,254 |
U.S. Census Bureau data (2024)
In ZIP code 74082, the Section 8 housing program operates under specific economic guidelines that impact both landlords and tenants. The SAFMR (Small Area Fair Market Rent) for a two-bedroom apartment in this ZIP code for fiscal year 2026 is set at $1,200. This figure represents the maximum amount that the government will reimburse landlords for renting out their units to tenants participating in the Section 8 program.
The local market rent for a similar two-bedroom unit, according to the Census ACS, is approximately $893. This lower figure reflects the average rental price in the area without government subsidies. Landlords should be aware that the SAFMR is specifically tailored to the needs and costs of this particular ZIP code, ensuring that it accurately reflects the rental market conditions here.
A voucher payment under Section 8 is calculated based on the tenant's portion of the rent and any utility allowances. The tenant is typically required to pay 30% of their adjusted income towards the rent. If we assume an adjusted income of $1,200, the tenant would pay around $360 toward the rent. The remaining amount, up to the SAFMR, is covered by the government. In ZIP 74082, this means the government would pay the landlord the difference between the tenant's contribution and the SAFMR, which is $840.
Utility allowances can vary but are generally set to cover a reasonable cost of utilities for the tenant. These allowances do not increase the total reimbursement to the landlord beyond the SAFMR but are intended to help the tenant manage living expenses. Therefore, the landlord receives a fixed reimbursement of up to $1,200 per month for a two-bedroom unit, regardless of the actual utility costs.
To summarize the financial impact for landlords, if you rent a two-bedroom apartment for the SAFMR of $1,200, the government will cover the majority of the rent, paying $840, while the tenant contributes $360. Given the local market rent of $893, landlords in ZIP 74082 receive a reimbursement that exceeds the typical market rate by $307 per month. This surplus provides a significant cushion against the potential risks associated with renting to low-income families and ensures a steady, above-market income for landlords who participate in the Section 8 program.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.