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Oklahoma County/Oklahoma City/73103

73103

ZIPSAFMR
Oklahoma County, OK
Zillow

ZIP Investment Score

85Below average

095130300
BRFMR
Eff. Rent
0 BR$1,070$910
1 BR$1,160$1,000
2 BR$1,410$1,300
3 BR$1,910$1,940
4 BR$2,140$1,960
5 BR$2,461Not available
6 BR$2,830Not available
7 BR$3,255Not available
8 BR$3,743Not available

Purchase Price Calculator

Maximum purchase price
$131,263

Cost breakdown

+Likely effective rent$1,300
HUD FMR$1,410
Market rentUsed$1,300
Est. payment standard (95%)$1,340
-Principal and interest-$664
Loan amount$105,010
Down payment$26,253
Rate6.50%
Term30 years
-Operating costs-$436
Property taxes-$131
Insurance-$175
Utilities$0
HOA$0
Management-$130
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,055(80.2% ROI)
Projected value
$141,356
Return breakdown
Property appreciation+$10,093
Loan principal paid down+$3,762
Rental cash flow+$7,200
5-year hold
+$35,958(137.0% ROI)
Projected value
$148,512
Return breakdown
Property appreciation+$17,249
Loan principal paid down+$6,709
Rental cash flow+$12,000
10-year hold
+$76,751(292.4% ROI)
Projected value
$168,028
Return breakdown
Property appreciation+$36,765
Loan principal paid down+$15,987
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.18
1 BR
1.16
2 BR
1.08
3 BR
0.97
4 BR
1.09
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 73103 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 73103 (Oklahoma City, OK) is $1,410 a month. That is up 1.4% from $1,390 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, 73103 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 73103 is 54% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 73103
BedroomsFY 2027Change90–110% range
Studio$1,070+1.9%$963–$1,177
1BR$1,160+1.8%$1,044–$1,276
2BR$1,410+1.4%$1,269–$1,551
3BR$1,910+2.1%$1,719–$2,101
4BR$2,140+3.4%$1,926–$2,354

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 73103
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,070$1,160$1,410$1,910$2,140
FY 2026$1,050$1,140$1,390$1,870$2,070
FY 2025$980$1,060$1,300$1,740$1,890
FY 2024$910$980$1,210$1,610$1,780
FY 2023$890$940$1,160$1,550$1,750

Two-bedroom rent in nearby Oklahoma County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 73103
73097$1,650+17.0%
73099$1,430+1.4%
73101$1,240−12.1%
73102$1,560+10.6%
73103Current$1,410—
73104$1,710+21.3%
73105$1,280−9.2%
73106$1,220−13.5%
73107$1,180−16.3%
73108$1,040−26.2%
73109$1,030−27.0%
73110$1,180−16.3%

Questions about ZIP 73103 rents

How much will Section 8 pay for a two-bedroom in ZIP 73103?

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 73103 in?

ZIP 73103 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 73103 for FY 2027?

The two-bedroom FMR rose 1.4%, from $1,390 in FY 2026 to $1,410 in FY 2027. Since FY 2023 it has risen 21.6%.

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