73066

ZIPSAFMR

Oklahoma County, OK

ZIP Investment Score

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$1,070	$980	6.3%
1 BR	$1,170	$950	7.2%
2 BR	$1,410	$1,080	6.1%
3 BR	$1,920	$1,540	6.9%
4 BR	$2,150	$1,620	7.5%
5 BR	$2,473	Not available	7.5%
6 BR	$2,843	Not available	7.5%
7 BR	$3,270	Not available	7.5%
8 BR	$3,760	Not available	7.5%

Purchase Price Calculator

Maximum purchase price

$98,571

Cost breakdown

+Likely effective rent$1,080

HUD FMR$1,410

Market rentUsed$1,080

Est. payment standard (90%)$1,270

-Principal and interest-$498

Loan amount$78,857

Down payment$19,714

Rate6.50%

Term30 years

-Operating costs-$382

Property taxes-$99

Insurance-$175

Utilities$0

HOA$0

Management-$108

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$17,604(89.3% ROI)

Projected value

$106,150

Return breakdown

Property appreciation+$7,579

Loan principal paid down+$2,825

Rental cash flow+$7,200

5-year hold

+$29,991(152.1% ROI)

Projected value

$111,524

Return breakdown

Property appreciation+$12,953

Loan principal paid down+$5,038

Rental cash flow+$12,000

10-year hold

+$63,613(322.7% ROI)

Projected value

$126,179

Return breakdown

Property appreciation+$27,608

Loan principal paid down+$12,005

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

1.09ratio

FMR$1,070

Market$980

vs market+$90

FMR is near market; voucher and private rents are aligned.

1.09

1 BR

1.23ratio

FMR$1,170

Market$950

vs market+$220

FMR is above market; underwrite to market rent.

1.23

2 BR

1.31ratio

FMR$1,410

Market$1,080

vs market+$330

FMR is above market; underwrite to market rent.

1.31

3 BR

1.25ratio

FMR$1,920

Market$1,540

vs market+$380

FMR is above market; underwrite to market rent.

1.25

4 BR

1.33ratio

FMR$2,150

Market$1,620

vs market+$530

FMR is above market; underwrite to market rent.

1.33

0.700.800.901.001.101.201.30aligned range

Historical

FY 2023-2027

FMR: FY2027
Market rent: last ~365 days
Property value: --
Tax rate: --
Mortgage rate: --

ZIP 73066 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 73066 (Nicoma Park, OK) is $1,410 a month. That is up 0.7% from $1,400 in FY 2026. Nicoma Park 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, 73066 is tied for the 15th-highest two-bedroom rent (county range $920–$1,900). The median county two-bedroom FMR in Oklahoma is $916, so ZIP 73066 is 54% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 73066
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$1,050	$1,070	+1.9%	$963–$1,177
1BR	$1,140	$1,170	+2.6%	$1,053–$1,287
2BR	$1,400	$1,410	+0.7%	$1,269–$1,551
3BR	$1,890	$1,920	+1.6%	$1,728–$2,112
4BR	$2,090	$2,150	+2.9%	$1,935–$2,365

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 73066
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$1,070	$1,170	$1,410	$1,920	$2,150
FY 2026	$1,050	$1,140	$1,400	$1,890	$2,090
FY 2025	$980	$1,070	$1,310	$1,750	$1,910
FY 2024	$890	$950	$1,180	$1,570	$1,730
FY 2023	$790	$840	$1,040	$1,380	$1,570

Two-bedroom rent in nearby Oklahoma County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 73066
73034	$1,370	−2.8%
73045	$1,120	−20.6%
73049	$1,120	−20.6%
73054	$1,020	−27.7%
73065	$1,150	−18.4%
73066Current	$1,410	—
73078	$1,860	+31.9%
73083	$1,240	−12.1%
73084	$1,310	−7.1%
73097	$1,650	+17.0%
73099	$1,430	+1.4%
73101	$1,240	−12.1%

Questions about ZIP 73066 rents

How much will Section 8 pay for a two-bedroom in ZIP 73066?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,410, that basic range is $1,269 to $1,551 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 73066 in?

ZIP 73066 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 73066 for FY 2027?

The two-bedroom FMR rose 0.7%, from $1,400 in FY 2026 to $1,410 in FY 2027. Since FY 2023 it has risen 35.6%.

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 rent Nicoma Park, OK fair market rent OK statewide rents What is SAFMR?Data sources