FY2027 Small Area FMR · Forgan, OK

ZIP 73938 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 73938 (Forgan, OK) is $1,020 a month, down 9.7% from FY2026. That is 11% above the Beaver County, OK area-wide FMR of $916.

2-bedroom SAFMR$1,020per month ▼ 9.7%

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

Rank in the area3rdof 7 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$918

2 BR Small Area FMR$1,020

110% of SAFMR$1,122

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

Studio$770▼ 9.4%

1 BR$800▼ 9.1%

2 BR$1,020▼ 9.7%

3 BR$1,360▼ 9.9%

4 BR$1,620▼ 9.5%

FY2027 FY2026

Where 73938 sits in the Beaver County, OK area

Of the 7 ZIP codes HUD lists for the area, 73938 has the 3rd highest two-bedroom Small Area FMR. Beaver 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 $1,020 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	$770	$693 – $847	$703	$850
1 bedroom	$800	$720 – $880	$715	$880
2 bedrooms	$1,020	$918 – $1,122	$916	$1,130
3 bedrooms	$1,360	$1,224 – $1,496	$1,251	$1,510
4 bedrooms	$1,620	$1,458 – $1,782	$1,495	$1,790

A household renting a two-bedroom home at the Small Area FMR of $1,020 needs about $40,800 a year to keep housing costs at 30% of income. The area median family income is $76,900 and the 80% low-income limit for four people is $61,500. ZIP code 73938 lies mainly in Beaver County. See the Beaver County, OK county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
73932	Beaver	16.3 mi	$920
73950	Turpin	18.3 mi	$1,060
67869	Plains	21.0 mi	$960
67901	Liberal	21.7 mi	$1,080
67864	Meade	22.2 mi	$960
67859	Kismet	23.4 mi	$1,060

Questions

What is the Fair Market Rent for ZIP code 73938?

HUD's FY2027 Small Area Fair Market Rents for 73938 are $770 (studio), $800 (1 BR), $1,020 (2 BR), $1,360 (3 BR) and $1,620 (4 BR) a month.

What is the Section 8 payment standard in 73938?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 73938 that range is $918 to $1,122 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 73938?

The FY2026 income limits of the Beaver County, OK area apply: median family income $76,900, low-income (80%) limit $61,500 for a family of four.