Dewey 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).

$9162-bedroom FMR, FY2027
$7001-bedroom FMR, FY2027
$62,40080% income limit, family of 4 (FY2026)
$78,000Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Dewey County is $916 a month, down 4.1% from $955 in FY2026. Dewey County belongs to the Dewey 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 Dewey County by bedroom count

Unit sizeFY2027 FMRFY2026 FMRChangePayment standard range (90–110%)
Studio$696$718−3.1%$627 – $765
1 bedroom$700$728−3.8%$630 – $770
2 bedrooms$916$955−4.1%$825 – $1,007
3 bedrooms$1,268$1,319−3.9%$1,142 – $1,394
4 bedrooms$1,470$1,493−1.5%$1,323 – $1,617

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 Dewey County that is typically $825 to $1,007 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?

$42,401median income of renter households
$912Median gross rent, all units
26%Rent-to-income ratio (median rent ÷ median renter income)
37%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $42,401 can afford about $1,060 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $916 is $144 (13.6%) less than that. To rent a two-bedroom at the FMR, a household needs $36,640 a year under the 30% rule, or $32,976 under the common landlord rule that income must be three times the rent.

Dewey County, ACS 2020–2024Estimate ± MOE
Median gross rent (rent + utilities)$912 ±$86
Median income of renter households$42,401 ±$2,635
Renters paying 30% or more of income (cost-burdened)36.5% ±12.5
Renters paying 50% or more (severely cost-burdened)12.7% ±3.1
Renter households (where the share can be computed)252

Change since 2015–2019

ACS 2015–2019ACS 2020–2024Change
Median gross rent$706$912+29.2%
Median renter household income$31,615$42,401+34.1%
Renters paying 30%+ of income39.8%36.5%−3.3 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 Dewey County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $78,000 (FY2025: $77,300, +0.9%). Small figures under each limit show the change from FY2025.

Household size1 person2 people3 people4 people5 people6 people7 people8 people
Extremely low income (30%)$16,400
+0.9%
$21,640
+2.3%
$27,320
+2.5%
$33,000
+2.6%
$38,680
+2.7%
$44,360
+2.8%
$48,400
+0.9%
$51,500
+0.9%
Very low income (50%)$27,300
+0.7%
$31,200
+0.8%
$35,100
+0.9%
$39,000
+0.9%
$42,150
+1.0%
$45,250
+0.9%
$48,400
+0.9%
$51,500
+0.9%
Low income (80%)$43,700
+0.9%
$49,950
+0.9%
$56,200
+0.9%
$62,400
+0.9%
$67,400
+0.9%
$72,400
+0.9%
$77,400
+0.9%
$82,400
+0.9%

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.

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