FY2026 Fair Market Rents — Cherokee County
Studio
$764
1BR
$769
2BR
$948
3BR
$1,215
4BR
$1,255
Cherokee County, Oklahoma
FIPS 40021 · County-level FMR and income limit data
FMR Area: Cherokee County, OK
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $764 | $9,168 |
| 1-Bedroom | $769 | $9,228 |
| 2-Bedroom | $948 | $11,376 |
| 3-Bedroom | $1,215 | $14,580 |
| 4-Bedroom | $1,255 | $15,060 |
To afford the FY2026 2-bedroom FMR of $948/mo under the 30%-of-income rule, a household needs about
$37,920/yr ($3,160/mo). Area Median Income is $71,300.
At OK's federal minimum wage of $7.25/hr, a worker would need to work 101 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $764 | $769 | $948 | $1,215 | $1,255 |
| FY2025 | $739 | $744 | $930 | $1,191 | $1,233 |
| FY2024 | $717 | $722 | $898 | $1,144 | $1,196 |
| FY2023 | $644 | $648 | $814 | $1,023 | $1,134 |
| FY2022 | $598 | $601 | $740 | $937 | $1,069 |
| FY2021 | $583 | $586 | $728 | $940 | $1,060 |
| FY2020 | $550 | $563 | $686 | $919 | $1,018 |
FY2026 Income Limits
Area Median Income: $71,300
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $15,960 | $21,640 | $27,320 | $33,000 | $38,680 | $44,050 |
| 50% AMI | $26,600 | $30,400 | $34,200 | $37,950 | $41,000 | $44,050 |
| 80% AMI | $42,500 | $48,600 | $54,650 | $60,700 | $65,600 | $70,450 |