FMR is below market; voucher rent may lag private rents.
0.72
1 BR
1 BR
0.67ratio
FMR$700
Market$1,040
vs market-$340
FMR is below market; voucher rent may lag private rents.
0.67
2 BR
2 BR
0.91ratio
FMR$920
Market$1,010
vs market-$90
FMR is near market; voucher and private rents are aligned.
0.91
3 BR
3 BR
1.08ratio
FMR$1,160
Market$1,070
vs market+$90
FMR is near market; voucher and private rents are aligned.
1.08
4 BR
4 BR
1.00ratio
FMR$1,210
Market$1,210
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
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
--
ZIP 74335 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 74335 (Cardin, OK) is $920 a month. That is down 2.1% from $940 in FY 2026. Cardin is in the Ottawa 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 $916. Among 11 ZIP codes in Ottawa County, 74335 is tied for the 6th-highest two-bedroom rent (county range $920–$1,230).
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 74335
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$700
$700
0.0%
$630–$770
1BR
$720
$700
−2.8%
$630–$770
2BR
$940
$920
−2.1%
$828–$1,012
3BR
$1,190
$1,160
−2.5%
$1,044–$1,276
4BR
$1,240
$1,210
−2.4%
$1,089–$1,331
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 74335
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$700
$700
$920
$1,160
$1,210
FY 2026
$700
$720
$940
$1,190
$1,240
FY 2025
$640
$690
$910
$1,140
$1,230
FY 2024area FMR
$609
$678
$891
$1,109
$1,224
FY 2023area FMR
$538
$605
$797
$984
$1,080
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Two-bedroom rent in nearby Ottawa County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 74335?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $916, which applies unless the housing authority uses Small Area FMRs, that basic range is $824 to $1,008 a month; under the ZIP-level Small Area FMR of $920 it would be $828 to $1,012. 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 ZIP 74335 in?
ZIP 74335 is in the Ottawa County, OK non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $916.
How much did fair market rent change in ZIP 74335 for FY 2027?
The two-bedroom FMR fell 2.1%, from $940 in FY 2026 to $920 in FY 2027. Since FY 2025 it has risen 1.1%.
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