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RentData.org Logo Cherokee County Fair Market Rent FY 2014 Cherokee County, OK Rental Data

Fair Market Rent Prices in Cherokee County, OK :
$357 $498 $600 $747 $994
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Cherokee 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 Cherokee County is $600 per month.

The previous year, rent for a two-bedroom home was $591 per month. This is a 1.52% increase year-over-year.

This FMR rate applies to Moodys, OK, Proctor, OK, Peggs, OK, Cookson, OK, Welling, OK, Rose, OK, Park Hill, OK, Vian, OK, Hulbert, OK, Locust Grove, OK and other cities within the region. The Metro Code or CBSA code for this region is NCNTY40021N40021.

Additionally, This Fair Market Rent (FMR) area Cherokee County, OK spans one county or city in Oklahoma which is listed in the table below. Estimated population of Cherokee County, OK FMR area is 46,987 people based on latest Census data.

Compared to the rest of Oklahoma, the Cherokee County FMR area is less expensive than 59% 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 Cherokee County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Cherokee 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 $ 384
1-BR 1-Bedroom $ 536
2-BR 2-Bedroom $ 645
3-BR 3-Bedroom $ 803
4-BR 4-Bedroom $ 1069
Change Year:

There is just one county (listed below) within the Cherokee County, OK FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Tulsa and Ft. Smith - Fay - Sprngdl - Rgrs.

County / Region Est. Population
Cherokee County, OK 46,987
Zip Codes in Cherokee County, OK

There are 13 unique zip codes in this Fair Market Rent (FMR) area:

74352, 74364, 74427, 74434, 74441, 74444, 74451, 74452, 74457, 74464, 74465, 74471 and 74962

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