FY2027 Small Area FMR · Devol, OK

ZIP 73531 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 73531 (Devol, OK) is $920 a month, down 2.1% from FY2026. That is 0% equal to the Cotton County, OK area-wide FMR of $916.

2-bedroom SAFMR$920per month ▼ 2.1%

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

Rank in the area5thof 10 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$828

2 BR Small Area FMR$920

110% of SAFMR$1,012

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

Studio$700▼ 1.4%

1 BR$700▼ 1.4%

2 BR$920▼ 2.1%

3 BR$1,090▼ 2.7%

4 BR$1,510▼ 3.8%

FY2027 FY2026

Where 73531 sits in the Cotton County, OK area

Of the 10 ZIP codes HUD lists for the area, 73531 has the 5th highest two-bedroom Small Area FMR. Cotton 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 $920 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	$696	$710
1 bedroom	$700	$630 – $770	$700	$710
2 bedrooms	$920	$828 – $1,012	$916	$940
3 bedrooms	$1,090	$981 – $1,199	$1,091	$1,120
4 bedrooms	$1,510	$1,359 – $1,661	$1,510	$1,570

A household renting a two-bedroom home at the Small Area FMR of $920 needs about $36,800 a year to keep housing costs at 30% of income. The area median family income is $84,500 and the 80% low-income limit for four people is $67,600. ZIP code 73531 lies mainly in Cotton County. See the Cotton County, OK county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
73562	Randlett	7.4 mi	$920
76354	Burkburnett	8.0 mi	$1,090
73546	Grandfield	10.8 mi	$1,000
73553	Loveland	14.0 mi	$950
73528	Chattanooga	15.1 mi	$920
76305	Wichita Falls	15.6 mi	$1,030

Questions

What is the Fair Market Rent for ZIP code 73531?

HUD's FY2027 Small Area Fair Market Rents for 73531 are $700 (studio), $700 (1 BR), $920 (2 BR), $1,090 (3 BR) and $1,510 (4 BR) a month.

What is the Section 8 payment standard in 73531?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 73531 that range is $828 to $1,012 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 73531?

The FY2026 income limits of the Cotton County, OK area apply: median family income $84,500, low-income (80%) limit $67,600 for a family of four.