Carter County, OK: Fair Market Rent 2027 and Income Limits

Official HUD figures for landlords and renters, effective October 1, 2026 (rents) and May 1, 2026 (income limits).

$1,0402-bedroom FMR, FY2027

$8361-bedroom FMR, FY2027

$64,30080% income limit, family of 4 (FY2026)

$80,400Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Carter County is $1,040 a month, down 1.3% from $1,054 in FY2026. Carter County belongs to the Carter County, OK FMR area (non-metro county), so the same figures apply across that area. FMRs are gross rents: rent plus all tenant-paid utilities except phone, cable and internet.

Fair market rent in Carter County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$762	$776	−1.8%	$686 – $838
1 bedroom	$836	$803	+4.1%	$753 – $919
2 bedrooms	$1,040	$1,054	−1.3%	$936 – $1,144
3 bedrooms	$1,318	$1,324	−0.5%	$1,187 – $1,449
4 bedrooms	$1,548	$1,553	−0.3%	$1,394 – $1,702

Source: HUD Fair Market Rents FY2027 (effective October 1, 2026) and FY2026 (revised file), details.

What can a landlord charge a Section 8 tenant here?

The FMR is not a cap on what you can ask on the open market. For a Housing Choice Voucher tenant, the local housing authority sets a payment standard, normally between 90% and 110% of the FMR (or of the ZIP-level Small Area FMR where those apply). For a two-bedroom unit in Carter County that is typically $936 to $1,144 including utilities. You can charge more than the payment standard if the rent passes the housing authority's rent-reasonableness test and, at move-in, the tenant's share stays within 40% of their adjusted monthly income. Ask the housing authority for its current payment standard schedule.

Can local renters afford the fair market rent?

$42,784median income of renter households

$980Median gross rent, all units

27%Rent-to-income ratio (median rent ÷ median renter income)

45%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $42,784 can afford about $1,070 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,040 is $30 (2.8%) less than that. To rent a two-bedroom at the FMR, a household needs $41,600 a year under the 30% rule, or $37,440 under the common landlord rule that income must be three times the rent.

Carter County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$980 ±$30
Median income of renter households	$42,784 ±$2,506
Renters paying 30% or more of income (cost-burdened)	44.9% ±4.0
Renters paying 50% or more (severely cost-burdened)	22.3% ±3.1
Renter households (where the share can be computed)	5,486

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$773	$980	+26.8%
Median renter household income	$35,439	$42,784	+20.7%
Renters paying 30%+ of income	40.0%	44.9%	+4.9 pts

Rent-to-income calculator: does an applicant qualify? → · Most affordable counties to rent in this state →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates 2020–2024 and 2015–2019 (tables B25064, B25119, B25070). ± = margin of error at 90% confidence. Dollar figures are not adjusted for inflation.

HUD income limits for Carter County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $80,400 (FY2025: $81,600, −1.5%). Small figures under each limit show the change from FY2025.

Household size	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
Extremely low income (30%)	$16,900 −1.5%	$21,640 +2.3%	$27,320 +2.5%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$49,850 +2.5%	$53,100 −1.5%
Very low income (50%)	$28,150 −1.6%	$32,200 −1.4%	$36,200 −1.5%	$40,200 −1.5%	$43,450 −1.5%	$46,650 −1.5%	$49,850 −1.5%	$53,100 −1.5%
Low income (80%)	$45,050 −1.5%	$51,450 −1.5%	$57,900 −1.5%	$64,300 −1.5%	$69,450 −1.6%	$74,600 −1.5%	$79,750 −1.5%	$84,900 −1.5%

The 30% limit is HUD's “extremely low income” limit: the higher of 30% of median income or the federal poverty guideline, but never above the 50% limit. That is why it can rise faster than 30% of median for larger households. Tax-credit (LIHTC) properties use separate Multifamily Tax Subsidy Project limits.

Source: HUD Section 8 Income Limits FY2026 (effective May 1, 2026) and FY2025, details.