FMR is below market; voucher rent may lag private rents.
0.61
1 BR
1 BR- 74964
0.72ratio
FMR$880
Market$1,230
vs market-$350
FMR is below market; voucher rent may lag private rents.
0.72
2 BR
2 BR- 74964
0.84ratio
FMR$1,140
Market$1,360
vs market-$220
FMR is below market; voucher rent may lag private rents.
0.84
3 BR
3 BR- 74964
0.93ratio
FMR$1,420
Market$1,520
vs market-$100
FMR is near market; voucher and private rents are aligned.
0.93
4 BR
4 BR- 74964
1.04ratio
FMR$1,670
Market$1,600
vs market+$70
FMR is near market; voucher and private rents are aligned.
1.04
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Watts, OK fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Watts, OK is $1,140 a month. That is down 1.7% from $1,160 in FY 2026. Watts is in the Delaware County, OK non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $980. The median county two-bedroom FMR in Oklahoma is $916, so Watts is 24% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Watts, OK
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$820
$820
0.0%
$738–$902
1BR
$880
$880
0.0%
$792–$968
2BR
$1,160
$1,140
−1.7%
$1,026–$1,254
3BR
$1,440
$1,420
−1.4%
$1,278–$1,562
4BR
$1,560
$1,670
+7.1%
$1,503–$1,837
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Watts, OK
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$820
$880
$1,140
$1,420
$1,670
FY 2026
$820
$880
$1,160
$1,440
$1,560
FY 2025
$820
$870
$1,140
$1,410
$1,550
FY 2024area FMR
$725
$726
$954
$1,153
$1,482
FY 2023area FMR
$629
$633
$833
$1,014
$1,316
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Watts, OK rents
How much will Section 8 pay for a two-bedroom in Watts, OK?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $980, which applies unless the housing authority uses Small Area FMRs, that basic range is $882 to $1,078 a month; under the ZIP-level Small Area FMR of $1,140 it would be $1,026 to $1,254. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Watts, OK in?
Watts, OK is in the Delaware County, OK non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $980.
How much did fair market rent change in Watts, OK for FY 2027?
The two-bedroom FMR fell 1.7%, from $1,160 in FY 2026 to $1,140 in FY 2027. Since FY 2025 it has risen 0.0%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set