ZIP 73842 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 73842 in the Harper County, OK FMR area.

Harper County, OK

$880Efficiency

$9701 bedroom

$1,1502 bedrooms

$1,4603 bedrooms

$1,6104 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$880	$792	$968	$703
1 bedroom	$970	$873	$1,067	$715
2 bedrooms	$1,150	$1,035	$1,265	$916
3 bedrooms	$1,460	$1,314	$1,606	$1,091
4 bedrooms	$1,610	$1,449	$1,771	$1,305

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

Woods County, OK

$880Efficiency

$9701 bedroom

$1,1502 bedrooms

$1,4603 bedrooms

$1,6104 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$880	$792	$968	$734
1 bedroom	$970	$873	$1,067	$813
2 bedrooms	$1,150	$1,035	$1,265	$956
3 bedrooms	$1,460	$1,314	$1,606	$1,219
4 bedrooms	$1,610	$1,449	$1,771	$1,256

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

Woodward County, OK

$880Efficiency

$9701 bedroom

$1,1502 bedrooms

$1,4603 bedrooms

$1,6104 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$880	$792	$968	$760
1 bedroom	$970	$873	$1,067	$765
2 bedrooms	$1,150	$1,035	$1,265	$1,001
3 bedrooms	$1,460	$1,314	$1,606	$1,193
4 bedrooms	$1,610	$1,449	$1,771	$1,673

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

Income in ZIP 73842

$55,937average adjusted gross income per tax return (2022)

$28,526average salaries and wages per return

190tax returns filed

25%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	31.6%
$25,000 to $50,000	26.3%
$50,000 to $75,000	21.1%
$75,000 to $100,000	10.5%
$100,000 to $200,000	10.5%
$200,000 or more	0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 15.8% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 73842?

HUD's FY2027 Small Area FMRs for ZIP 73842 (Harper County, OK) are $880 efficiency, $970 one bedroom, $1,150 two bedrooms, $1,460 three and $1,610 four bedrooms.

What payment standard can a housing authority set in ZIP 73842?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,035 to $1,265.

How affordable is rent in ZIP 73842?

Tax returns filed from ZIP 73842 reported an average adjusted gross income of $55,937 (2022). A two-bedroom unit at the Small Area FMR costs $13,800 a year, or 25% of that income.