Fair Market Rents in Oklahoma City
HUD calculates a Fair Market Rent (FMR) for every metro area each year. It's set at roughly the 40th percentile of gross rent — the rent at which 40% of standard-quality apartments rent for less and 60% rent for more. FMR is the ceiling used to set the local Section 8 Housing Choice Voucher payment standard.
| Bedrooms | FMR (gross rent) | Tenant share at 30% AMI |
|---|---|---|
| Studio | $738/mo | $589/mo |
| 1 bedroom | $928/mo | $589/mo |
| 2 bedrooms | $1,190/mo | $589/mo |
| 3 bedrooms | $1,547/mo | $589/mo |
| 4 bedrooms | $1,845/mo | $589/mo |
"Gross rent" includes the rent the landlord charges plus an allowance for tenant-paid utilities. The "tenant share" column shows what a household at 30% of the state AMI would owe under the Section 8 formula (30% of monthly adjusted income).
Public Housing Agencies serving Oklahoma City
Find the Public Housing Agencies serving this area in HUD's official Public Housing Agency Contact Directory, searchable by state and city.
What rental assistance looks like in Oklahoma City
Renters in the Oklahoma City metro have access to the full federal program stack: Section 8 Housing Choice Vouchers (administered by the local PHA), Public Housing operated by that same PHA, project-based Section 8 in private buildings under HUD contract, LIHTC properties (rents capped at 50–60% AMI without an income-based subsidy), and a smaller set of supportive housing programs for veterans (HUD-VASH), older adults (Section 202), and people with disabilities (Section 811).
Because Oklahoma City is part of a metro with a Fair Market 2-bedroom rent of $1,190/month, a Section 8 voucher in this area is worth substantially more than in a low-cost rural area in the same state. The PHA's Payment Standard typically falls between 90% and 110% of FMR, and HUD's Small Area FMR program — active in some metros — sets payment standards by ZIP code rather than the metro average, so high-opportunity neighborhoods get higher payment standards than the metro mean.
For background on what these programs do and who qualifies, start with Section 8 Housing Choice Voucher, then read the eligibility page and the Oklahoma state page.