Skip to main content
Loading page
Oklahoma County/Newcastle/73065

73065

ZIPSAFMR
Oklahoma County, OK
Zillow

ZIP Investment Score

99Above average

095130300
BRFMR
Eff. Rent
0 BR$870$960
1 BR$950$1,050
2 BR$1,150$1,250
3 BR$1,560$1,630
4 BR$1,750$1,930
5 BR$2,012Not available
6 BR$2,314Not available
7 BR$2,662Not available
8 BR$3,061Not available

Purchase Price Calculator

Maximum purchase price
$123,833

Cost breakdown

+Likely effective rent$1,250
HUD FMR$1,150
Market rent$1,300
Est. payment standard (108%)Used$1,250
-Principal and interest-$626
Loan amount$99,066
Down payment$24,767
Rate6.50%
Term30 years
-Operating costs-$424
Property taxes-$124
Insurance-$175
Utilities$0
HOA$0
Management-$125
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,271(81.8% ROI)
Projected value
$133,355
Return breakdown
Property appreciation+$9,522
Loan principal paid down+$3,549
Rental cash flow+$7,200
5-year hold
+$34,602(139.7% ROI)
Projected value
$140,106
Return breakdown
Property appreciation+$16,273
Loan principal paid down+$6,329
Rental cash flow+$12,000
10-year hold
+$73,765(297.8% ROI)
Projected value
$158,517
Return breakdown
Property appreciation+$34,684
Loan principal paid down+$15,082
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
0.76
1 BR
0.81
2 BR
0.88
3 BR
0.94
4 BR
0.86
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 73065 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 73065 (Newcastle, OK) is $1,150 a month. That is up 4.5% from $1,100 in FY 2026. Newcastle is in the Oklahoma City, OK HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 82 ZIP codes in Oklahoma County, 73065 has the 65th-highest two-bedroom rent (county range $920–$1,900). The median county two-bedroom FMR in Oklahoma is $916, so ZIP 73065 is 26% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 73065
BedroomsFY 2027Change90–110% range
Studio$870+4.8%$783–$957
1BR$950+5.6%$855–$1,045
2BR$1,150+4.5%$1,035–$1,265
3BR$1,560+5.4%$1,404–$1,716
4BR$1,750+6.7%$1,575–$1,925

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 73065
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$870$950$1,150$1,560$1,750
FY 2026$830$900$1,100$1,480$1,640
FY 2025$770$830$1,020$1,360$1,490
FY 2024$700$750$920$1,230$1,390
FY 2023$650$680$840$1,120$1,310

Two-bedroom rent in nearby Oklahoma County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 73065
73034$1,370+19.1%
73045$1,120−2.6%
73049$1,120−2.6%
73054$1,020−11.3%
73065Current$1,150—
73066$1,410+22.6%
73078$1,860+61.7%
73083$1,240+7.8%
73084$1,310+13.9%
73097$1,650+43.5%
73099$1,430+24.3%
73101$1,240+7.8%

Questions about ZIP 73065 rents

How much will Section 8 pay for a two-bedroom in ZIP 73065?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,150, that basic range is $1,035 to $1,265 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 73065 in?

ZIP 73065 is in the Oklahoma City, OK HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 73065 for FY 2027?

The two-bedroom FMR rose 4.5%, from $1,100 in FY 2026 to $1,150 in FY 2027. Since FY 2023 it has risen 36.9%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentNewcastle, OK fair market rentOK statewide rentsWhat is SAFMR?Data sources