ZIP 73024 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 73024 in the Custer County, OK FMR area.

Custer County, OK

$750Efficiency

$9001 bedroom

$9802 bedrooms

$1,3003 bedrooms

$1,4704 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$750	$675	$825	$638
1 bedroom	$900	$810	$990	$726
2 bedrooms	$980	$882	$1,078	$916
3 bedrooms	$1,300	$1,170	$1,430	$1,268
4 bedrooms	$1,470	$1,323	$1,617	$1,531

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Washita County, OK

$750Efficiency

$9001 bedroom

$9802 bedrooms

$1,3003 bedrooms

$1,4704 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$750	$675	$825	$703
1 bedroom	$900	$810	$990	$841
2 bedrooms	$980	$882	$1,078	$916
3 bedrooms	$1,300	$1,170	$1,430	$1,216
4 bedrooms	$1,470	$1,323	$1,617	$1,372

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 73024

$62,292average adjusted gross income per tax return (2022)

$36,964average salaries and wages per return

250tax returns filed

19%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	28.0%
$25,000 to $50,000	28.0%
$50,000 to $75,000	16.0%
$75,000 to $100,000	12.0%
$100,000 to $200,000	16.0%
$200,000 or more	0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 16.0% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 73024?

HUD's FY2027 Small Area FMRs for ZIP 73024 (Custer County, OK) are $750 efficiency, $900 one bedroom, $980 two bedrooms, $1,300 three and $1,470 four bedrooms.

What payment standard can a housing authority set in ZIP 73024?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $882 to $1,078.

How affordable is rent in ZIP 73024?

Tax returns filed from ZIP 73024 reported an average adjusted gross income of $62,292 (2022). A two-bedroom unit at the Small Area FMR costs $11,760 a year, or 19% of that income.