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RentData.org Logo Cotton County Fair Market Rent FY 2023 Cotton County, OK HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Cotton County, OK :
$612 $616 $797 $1,043 $1,071
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Cotton County are very low compared to the national average. This FMR area is less expensive than 81% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Cotton County is $797 per month.

The previous year, rent for a two-bedroom home was $740 per month. This is a 7.7% increase year-over-year.

This FMR rate applies to Devol, OK, Randlett, OK, Temple, OK and other cities within the region. The Metro Code or CBSA code for this region is METRO30020N40033.

Additionally, This Fair Market Rent (FMR) area Cotton County, OK HUD Metro FMR Area spans one county or city in Oklahoma which is listed in the table below. Estimated population of Cotton County, OK HUD Metro FMR Area FMR area is 5,783 people based on latest Census data.

Compared to the rest of Oklahoma, the Cotton County FMR area is less expensive than 90% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Cotton County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Cotton County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 655
1-BR 1-Bedroom $ 659
2-BR 2-Bedroom $ 853
3-BR 3-Bedroom $ 1116
4-BR 4-Bedroom $ 1146
Change Year:
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Cotton County, OK HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Wichita Falls & Lawton.

County / Region Est. Population
Cotton County, OK Metro 5,783
Zip Codes in Cotton County, OK HUD Metro FMR Area

There are 3 unique zip codes in this Fair Market Rent (FMR) area:

73531, 73562 and 73568

Lookup Fair Market Rent by Zip Code

What's Next?

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