FY2027 Small Area FMR · Frederick, OK

ZIP 73542 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 73542 (Frederick, OK) is $930 a month, down 2.1% from FY2026. That is 2% above the Tillman County, OK area-wide FMR of $916.

2-bedroom SAFMR$930per month ▼ 2.1%

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

Rank in the area5thof 10 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$837

2 BR Small Area FMR$930

110% of SAFMR$1,023

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

Studio$710■ 0.0%

1 BR$850▼ 2.3%

2 BR$930▼ 2.1%

3 BR$1,290▼ 2.3%

4 BR$1,320▼ 2.9%

FY2027 FY2026

Where 73542 sits in the Tillman County, OK area

Of the 10 ZIP codes HUD lists for the area, 73542 has the 5th highest two-bedroom Small Area FMR. Tillman 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 $930 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	$710	$639 – $781	$703	$710
1 bedroom	$850	$765 – $935	$841	$870
2 bedrooms	$930	$837 – $1,023	$916	$950
3 bedrooms	$1,290	$1,161 – $1,419	$1,268	$1,320
4 bedrooms	$1,320	$1,188 – $1,452	$1,305	$1,360

A household renting a two-bedroom home at the Small Area FMR of $930 needs about $37,200 a year to keep housing costs at 30% of income. The area median family income is $67,200 and the 80% low-income limit for four people is $60,700. ZIP code 73542 lies mainly in Tillman County. See the Tillman County, OK county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
73551	Hollister	4.7 mi	$950
73555	Manitou	7.0 mi	$920
73530	Davidson	11.0 mi	$920
73570	Tipton	12.3 mi	$920
73553	Loveland	13.9 mi	$950
73566	Snyder	14.8 mi	$920

Questions

What is the Fair Market Rent for ZIP code 73542?

HUD's FY2027 Small Area Fair Market Rents for 73542 are $710 (studio), $850 (1 BR), $930 (2 BR), $1,290 (3 BR) and $1,320 (4 BR) a month.

What is the Section 8 payment standard in 73542?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 73542 that range is $837 to $1,023 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 73542?

The FY2026 income limits of the Tillman County, OK area apply: median family income $67,200, low-income (80%) limit $60,700 for a family of four.