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Creek County/Sapulpa/74067

74067

ZIPSAFMR
Creek County, OK
Zillow
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$860$950
1 BR$910$960
2 BR$1,110$1,200
3 BR$1,460$1,610
4 BR$1,700$1,870
5 BR$1,955Not available
6 BR$2,248Not available
7 BR$2,585Not available
8 BR$2,973Not available

Purchase Price Calculator

Maximum purchase price
$116,403

Cost breakdown

+Likely effective rent$1,200
HUD FMR$1,110
Market rent$1,250
Est. payment standard (108%)Used$1,200
-Principal and interest-$589
Loan amount$93,122
Down payment$23,281
Rate6.50%
Term30 years
-Operating costs-$411
Property taxes-$116
Insurance-$175
Utilities$0
HOA$0
Management-$120
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,487(83.7% ROI)
Projected value
$125,353
Return breakdown
Property appreciation+$8,950
Loan principal paid down+$3,336
Rental cash flow+$7,200
5-year hold
+$33,246(142.8% ROI)
Projected value
$131,699
Return breakdown
Property appreciation+$15,296
Loan principal paid down+$5,950
Rental cash flow+$12,000
10-year hold
+$70,780(304.0% ROI)
Projected value
$149,006
Return breakdown
Property appreciation+$32,603
Loan principal paid down+$14,177
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.81
1 BR
0.93
2 BR
0.89
3 BR
0.85
4 BR
0.84
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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ZIP 74067 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 74067 (Sapulpa, OK) is $1,110 a month. That is unchanged from FY 2026. Sapulpa is in the Tulsa, OK HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 26 ZIP codes in Creek County, 74067 has the 11th-highest two-bedroom rent (county range $920–$1,760). The median county two-bedroom FMR in Oklahoma is $916, so ZIP 74067 is 21% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 74067
BedroomsFY 2027Change90–110% range
Studio$860+1.2%$774–$946
1BR$910+1.1%$819–$1,001
2BR$1,1100.0%$999–$1,221
3BR$1,4600.0%$1,314–$1,606
4BR$1,700+0.6%$1,530–$1,870

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 74067
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$860$910$1,110$1,460$1,700
FY 2026$850$900$1,110$1,460$1,690
FY 2025$810$870$1,080$1,420$1,650
FY 2024$770$830$1,040$1,370$1,600
FY 2023$660$730$920$1,210$1,420

Two-bedroom rent in nearby Creek County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 74067
74044$1,050−5.4%
74046$920−17.1%
74047$990−10.8%
74052$920−17.1%
74063$1,160+4.5%
74066$1,150+3.6%
74067Current$1,110—
74068$930−16.2%
74071$970−12.6%
74079$920−17.1%
74081$1,230+10.8%
74085$920−17.1%

Questions about ZIP 74067 rents

How much will Section 8 pay for a two-bedroom in ZIP 74067?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,110, that basic range is $999 to $1,221 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 74067 in?

ZIP 74067 is in the Tulsa, 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 74067 for FY 2027?

The two-bedroom FMR was unchanged at $1,110 in FY 2027. Since FY 2023 it has risen 20.7%.

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