What is the Fair Market Rent in Newcastle, OK?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 73065, which covers Newcastle, is $1,150 a month.
Across the whole Oklahoma City, OK HUD Metro FMR Area the two-bedroom figure is $1,264.
The Census Bureau’s median gross rent for a two-bedroom home in Newcastle is $904 (±$110), below the Small Area figure for ZIP 73065.
Figures last updated on .
- 2 bedrooms, whole area
- $1,264
- 2 bedrooms, ZIP 73065
- $1,150
Fair Market Rents for Newcastle, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| Oklahoma City, OK HUD Metro FMR Area (whole area) | $958 | $1,040 | $1,264 | $1,713 | $1,923 | — |
| ZIP 73065 (95% of the ZIP’s land is in this place) | $870 | $950 | $1,150 | $1,560 | $1,750 | $1,030 |
A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.
Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.
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Questions about Newcastle
What is the Section 8 payment standard in Newcastle?
Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Oklahoma City, OK HUD Metro FMR Area is $1,264, and the Small Area figure for 73065 is $1,150.
What is the Fair Market Rent for a two-bedroom in ZIP 73065?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 73065 is $1,150 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,030 (±$161).
What is the Fair Market Rent for a one-bedroom in Newcastle?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 73065 is $950 a month, against $1,040 across the Oklahoma City, OK HUD Metro FMR Area.
Sources
- HUD Fair Market Rents, fiscal year 2027: Oklahoma City, OK HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Oklahoma City, OK HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Newcastle at a glance
- Median rent in Newcastle
- Rent by bedrooms in Newcastle
- Rent burden in Newcastle
- Renters and owners in Newcastle
- Income and affordability in Newcastle
- Home values in Newcastle
- Homeowner costs in Newcastle
- Property taxes in Newcastle
- Types of homes in Newcastle
- Bedrooms in Newcastle
- Age of homes in Newcastle
- Vacancy rate in Newcastle
- Heating fuel in Newcastle
- Commute and cars in Newcastle
- Crime reported to police in Newcastle
- Population growth in Newcastle
- How long people stay in Newcastle
- Crowding and facilities in Newcastle
- Oklahoma landlord and tenant rules
- Housing across McClain County
- Housing data for every place in Oklahoma