FY2027 Small Area FMR · Grant, OK

ZIP 74738 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 74738 (Grant, OK) is $960 a month, unchanged from FY2026. That is 5% above the Choctaw County, OK area-wide FMR of $916.

2-bedroom SAFMR$960per month ■ 0.0%

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

Rank in the area7thof 13 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$864

2 BR Small Area FMR$960

110% of SAFMR$1,056

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

Studio$730▲ 1.4%

1 BR$730■ 0.0%

2 BR$960■ 0.0%

3 BR$1,200▲ 2.6%

4 BR$1,260▼ 1.6%

FY2027 FY2026

Where 74738 sits in the Choctaw County, OK area

Of the 13 ZIP codes HUD lists for the area, 74738 has the 7th highest two-bedroom Small Area FMR. Choctaw 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 $960 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	$730	$657 – $803	$696	$720
1 bedroom	$730	$657 – $803	$700	$730
2 bedrooms	$960	$864 – $1,056	$916	$960
3 bedrooms	$1,200	$1,080 – $1,320	$1,127	$1,170
4 bedrooms	$1,260	$1,134 – $1,386	$1,204	$1,280

A household renting a two-bedroom home at the Small Area FMR of $960 needs about $38,400 a year to keep housing costs at 30% of income. The area median family income is $65,200 and the 80% low-income limit for four people is $60,700. ZIP code 74738 lies mainly in Choctaw County. See the Choctaw County, OK county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
75473	Powderly	6.1 mi	$1,070
74743	Hugo	8.3 mi	$920
75411	Arthur City	12.1 mi	$1,010
74756	Sawyer	13.6 mi	$1,070
74761	Swink	15.8 mi	$1,030
75416	Blossom	15.8 mi	$1,020

Questions

What is the Fair Market Rent for ZIP code 74738?

HUD's FY2027 Small Area Fair Market Rents for 74738 are $730 (studio), $730 (1 BR), $960 (2 BR), $1,200 (3 BR) and $1,260 (4 BR) a month.

What is the Section 8 payment standard in 74738?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 74738 that range is $864 to $1,056 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 74738?

The FY2026 income limits of the Choctaw County, OK area apply: median family income $65,200, low-income (80%) limit $60,700 for a family of four.