FY2027 Small Area FMR · Hugo, OK

ZIP 74743 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 74743 (Hugo, OK) is $920 a month, down 3.2% from FY2026. That is 0% equal to the Choctaw County, OK area-wide FMR of $916.

2-bedroom SAFMR$920per month ▼ 3.2%

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

Rank in the area9thof 13 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▼ 2.8%

2 BR$920▼ 3.2%

3 BR$1,130▼ 1.7%

4 BR$1,210▼ 4.0%

FY2027 FY2026

Where 74743 sits in the Choctaw County, OK area

Of the 13 ZIP codes HUD lists for the area, 74743 has the 9th 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 $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	$720
2 bedrooms	$920	$828 – $1,012	$916	$950
3 bedrooms	$1,130	$1,017 – $1,243	$1,127	$1,150
4 bedrooms	$1,210	$1,089 – $1,331	$1,204	$1,260

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 $65,200 and the 80% low-income limit for four people is $60,700. ZIP code 74743 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
74738	Grant	8.3 mi	$960
74756	Sawyer	8.7 mi	$1,070
74759	Soper	13.3 mi	$920
74760	Spencerville	13.3 mi	$1,040
75473	Powderly	13.3 mi	$1,070
75411	Arthur City	13.7 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 74743?

HUD's FY2027 Small Area Fair Market Rents for 74743 are $700 (studio), $700 (1 BR), $920 (2 BR), $1,130 (3 BR) and $1,210 (4 BR) a month.

What is the Section 8 payment standard in 74743?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 74743 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 74743?

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.