Love 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).

$1,1012-bedroom FMR, FY2027

$9461-bedroom FMR, FY2027

$63,05080% income limit, family of 4 (FY2026)

$78,800Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Love County is $1,101 a month, up 3.7% from $1,062 in FY2026. Love County belongs to the Love 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 Love County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$845	$732	+15.4%	$761 – $929
1 bedroom	$946	$880	+7.5%	$852 – $1,040
2 bedrooms	$1,101	$1,062	+3.7%	$991 – $1,211
3 bedrooms	$1,312	$1,273	+3.1%	$1,181 – $1,443
4 bedrooms	$1,568	$1,522	+3.0%	$1,412 – $1,724

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 Love County that is typically $991 to $1,211 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?

$50,114median income of renter households

$939Median gross rent, all units

22%Rent-to-income ratio (median rent ÷ median renter income)

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

At the 30% rule, a renter household earning the local median of $50,114 can afford about $1,253 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,101 is $152 (12.1%) less than that. To rent a two-bedroom at the FMR, a household needs $44,040 a year under the 30% rule, or $39,636 under the common landlord rule that income must be three times the rent.

Love County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$939 ±$42
Median income of renter households	$50,114 ±$5,120
Renters paying 30% or more of income (cost-burdened)	29.9% ±5.9
Renters paying 50% or more (severely cost-burdened)	9.2% ±3.9
Renter households (where the share can be computed)	903

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$715	$939	+31.3%
Median renter household income	$31,948	$50,114	+56.9%
Renters paying 30%+ of income	39.6%	29.9%	−9.7 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 Love County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $78,800 (FY2025: $78,900, −0.1%). 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%)	$16,600 ±0.0%	$21,640 +2.3%	$27,320 +2.5%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$48,900 +0.5%	$52,050 −0.1%
Very low income (50%)	$27,600 −0.2%	$31,550 −0.2%	$35,500 −0.1%	$39,400 −0.1%	$42,600 −0.1%	$45,750 −0.1%	$48,900 −0.1%	$52,050 −0.1%
Low income (80%)	$44,150 −0.1%	$50,450 −0.1%	$56,750 −0.1%	$63,050 −0.1%	$68,100 −0.1%	$73,150 −0.1%	$78,200 −0.1%	$83,250 −0.1%

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.