FY2027 Small Area FMR · Lebanon, OK

ZIP 73440 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 73440 (Lebanon, OK) is $1,060 a month, down 0.9% from FY2026. That is 16% above the Marshall County, OK area-wide FMR of $916.

2-bedroom SAFMR$1,060per month ▼ 0.9%

Area-wide 2 BR FMR$916Marshall County, OK

Rank in the area2ndof 6 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$954

2 BR Small Area FMR$1,060

110% of SAFMR$1,166

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

Studio$860■ 0.0%

1 BR$880▲ 1.1%

2 BR$1,060▼ 0.9%

3 BR$1,390▼ 0.7%

4 BR$1,680▲ 11.3%

FY2027 FY2026

Where 73440 sits in the Marshall County, OK area

Of the 6 ZIP codes HUD lists for the area, 73440 has the 2nd highest two-bedroom Small Area FMR. Marshall 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 $916 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,060 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	$860	$774 – $946	$767	$860
1 bedroom	$880	$792 – $968	$772	$870
2 bedrooms	$1,060	$954 – $1,166	$916	$1,070
3 bedrooms	$1,390	$1,251 – $1,529	$1,182	$1,400
4 bedrooms	$1,680	$1,512 – $1,848	$1,531	$1,510

A household renting a two-bedroom home at the Small Area FMR of $1,060 needs about $42,400 a year to keep housing costs at 30% of income. The area median family income is $68,600 and the 80% low-income limit for four people is $60,700. ZIP code 73440 lies mainly in Marshall County. See the Marshall County, OK county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
73439	Kingston	8.5 mi	$960
76245	Gordonville	9.5 mi	$1,260
73446	Madill	10.9 mi	$960
73448	Marietta	12.5 mi	$1,040
75076	Pottsboro	14.5 mi	$1,600
76273	Whitesboro	15.3 mi	$1,310

Questions

What is the Fair Market Rent for ZIP code 73440?

HUD's FY2027 Small Area Fair Market Rents for 73440 are $860 (studio), $880 (1 BR), $1,060 (2 BR), $1,390 (3 BR) and $1,680 (4 BR) a month.

What is the Section 8 payment standard in 73440?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 73440 that range is $954 to $1,166 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 73440?

The FY2026 income limits of the Marshall County, OK area apply: median family income $68,600, low-income (80%) limit $60,700 for a family of four.