FY2027 Small Area FMR · Chickasha, OK

ZIP 73023 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 73023 (Chickasha, OK) is $1,010 a month, up 1.0% from FY2026. That is 0% equal to the Grady County, OK area-wide FMR of $1,011.

2-bedroom SAFMR$1,010per month ▲ 1.0%

Area-wide 2 BR FMR$1,011Grady County, OK

Rank in the area10thof 17 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909

2 BR Small Area FMR$1,010

110% of SAFMR$1,111

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$700▲ 1.4%

1 BR$770▲ 1.3%

2 BR$1,010▲ 1.0%

3 BR$1,360▲ 1.5%

4 BR$1,690▲ 0.6%

FY2027 FY2026

Where 73023 sits in the Grady County, OK area

Of the 17 ZIP codes HUD lists for the area, 73023 has the 10th highest two-bedroom Small Area FMR. Grady County, OK is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,011 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,010 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$700	$630 – $770	$704	$690
1 bedroom	$770	$693 – $847	$773	$760
2 bedrooms	$1,010	$909 – $1,111	$1,011	$1,000
3 bedrooms	$1,360	$1,224 – $1,496	$1,363	$1,340
4 bedrooms	$1,690	$1,521 – $1,859	$1,690	$1,680

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 a year to keep housing costs at 30% of income. The area median family income is $96,000 and the 80% low-income limit for four people is $76,800. ZIP code 73023 lies mainly in Grady County. See the Grady County, OK county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
73018	Chickasha	0.2 mi	$1,040
73004	Amber	8.6 mi	$1,260
73067	Ninnekah	9.9 mi	$1,050
73092	Verden	10.5 mi	$920
73079	Pocasset	11.7 mi	$1,170
73017	Cement	12.6 mi	$920

Questions

What is the Fair Market Rent for ZIP code 73023?

HUD's FY2027 Small Area Fair Market Rents for 73023 are $700 (studio), $770 (1 BR), $1,010 (2 BR), $1,360 (3 BR) and $1,690 (4 BR) a month.

What is the Section 8 payment standard in 73023?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 73023 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 73023?

The FY2026 income limits of the Grady County, OK area apply: median family income $96,000, low-income (80%) limit $76,800 for a family of four.