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Oklahoma County/Oklahoma City/73102

73102

ZIPSAFMR
Oklahoma County, OK
Zillow

ZIP Investment Score

124Above average

095130300
BRFMR
Eff. Rent
0 BR$1,180$950
1 BR$1,280$1,410
2 BR$1,560$1,630
3 BR$2,110$2,320
4 BR$2,370$2,610
5 BR$2,726Not available
6 BR$3,134Not available
7 BR$3,604Not available
8 BR$4,145Not available

Purchase Price Calculator

Maximum purchase price
$180,301

Cost breakdown

+Likely effective rent$1,630
HUD FMR$1,560
Market rent$1,670
Est. payment standard (105%)Used$1,630
-Principal and interest-$912
Loan amount$144,241
Down payment$36,060
Rate6.50%
Term30 years
-Operating costs-$518
Property taxes-$180
Insurance-$175
Utilities$0
HOA$0
Management-$163
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,231(72.7% ROI)
Projected value
$194,164
Return breakdown
Property appreciation+$13,863
Loan principal paid down+$5,168
Rental cash flow+$7,200
5-year hold
+$44,909(124.5% ROI)
Projected value
$203,994
Return breakdown
Property appreciation+$23,693
Loan principal paid down+$9,216
Rental cash flow+$12,000
10-year hold
+$96,458(267.5% ROI)
Projected value
$230,800
Return breakdown
Property appreciation+$50,499
Loan principal paid down+$21,959
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.24
1 BR
0.76
2 BR
0.93
3 BR
0.51
4 BR
0.51
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 73102 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 73102 (Oklahoma City, OK) is $1,560 a month. That is up 3.3% from $1,510 in FY 2026. Oklahoma City 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, 73102 has the 10th-highest two-bedroom rent (county range $920–$1,900). The median county two-bedroom FMR in Oklahoma is $916, so ZIP 73102 is 70% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 73102
BedroomsFY 2027Change90–110% range
Studio$1,180+3.5%$1,062–$1,298
1BR$1,280+4.1%$1,152–$1,408
2BR$1,560+3.3%$1,404–$1,716
3BR$2,110+3.9%$1,899–$2,321
4BR$2,370+5.3%$2,133–$2,607

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 73102
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,180$1,280$1,560$2,110$2,370
FY 2026$1,140$1,230$1,510$2,030$2,250
FY 2025$1,090$1,180$1,450$1,940$2,110
FY 2024$1,030$1,100$1,360$1,810$2,000
FY 2023$1,010$1,070$1,330$1,770$2,010

Two-bedroom rent in nearby Oklahoma County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 73102
73097$1,650+5.8%
73099$1,430−8.3%
73101$1,240−20.5%
73102Current$1,560—
73103$1,410−9.6%
73104$1,710+9.6%
73105$1,280−17.9%
73106$1,220−21.8%
73107$1,180−24.4%
73108$1,040−33.3%
73109$1,030−34.0%
73110$1,180−24.4%

Questions about ZIP 73102 rents

How much will Section 8 pay for a two-bedroom in ZIP 73102?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,560, that basic range is $1,404 to $1,716 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 73102 in?

ZIP 73102 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 73102 for FY 2027?

The two-bedroom FMR rose 3.3%, from $1,510 in FY 2026 to $1,560 in FY 2027. Since FY 2023 it has risen 17.3%.

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 rentOklahoma City, OK fair market rentOK statewide rentsWhat is SAFMR?Data sources