Section 8 Fair Market Rent (FMR) for ZIP 74569 - 2027

Location: Atoka County, OK | Metro: Atoka County, OK

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$710
1 Bedroom	$760
2 Bedrooms	$920
3 Bedrooms	$1,180
4 Bedrooms	$1,300
5 Bedrooms	$1,508
6 Bedrooms	$1,689
7 Bedrooms	$1,824
8 Bedrooms	$1,915

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

584

Median Household Income

$61,818

Housing Units

246

Renter Percentage

11.1%

Occupancy Rate

80.5%

Renter Occupied

The economics of Section 8 housing in ZIP code 74569 are straightforward. The SAFMR (Small Area Fair Market Rent) for a two-bedroom apartment in this specific ZIP code is set at $950 per month for fiscal year 2026. However, the local market rent for a similar unit is significantly lower at $769, according to the latest Census ACS data.

A landlord might wonder how much they will receive from a voucher when the tenant's portion and utility allowances are considered. Here’s a breakdown:

The tenant is responsible for paying 30% of their adjusted income toward rent. If we assume an average adjusted income of $1,500, the tenant would pay approximately $450.
The utility allowance varies but typically ranges between $200 and $300 per month, depending on the size of the unit and other factors. For simplicity, let’s use an average utility allowance of $250.

This means that for a two-bedroom apartment in ZIP 74569, the total reimbursement a landlord can expect from a Section 8 voucher is the sum of the tenant’s payment and the utility allowance, which comes to $700. This amount is derived from the SAFMR cap of $950, where the remainder after subtracting the tenant’s portion and utility allowance is the reimbursement rate.

Given that the local market rent for a two-bedroom unit is $769, landlords participating in the Section 8 program for this ZIP code will face a monthly shortfall of about $69. This gap represents the difference between the market rent and the voucher reimbursement rate. Therefore, landlords should be prepared to accept a slightly lower rental income compared to the market rate when renting to tenants with Section 8 vouchers in ZIP 74569.

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.