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Tulsa County/Tulsa/74112

74112

ZIPSAFMR
Tulsa County, OK
Zillow

ZIP Investment Score

105Above average

095130300
BRFMR
Eff. Rent
0 BR$970$860
1 BR$1,030$1,040
2 BR$1,260$1,270
3 BR$1,650$1,570
4 BR$1,930$1,690
5 BR$2,220Not available
6 BR$2,552Not available
7 BR$2,935Not available
8 BR$3,376Not available

Purchase Price Calculator

Maximum purchase price
$126,805

Cost breakdown

+Likely effective rent$1,270
HUD FMR$1,260
Market rent$1,280
Est. payment standard (101%)Used$1,270
-Principal and interest-$641
Loan amount$101,444
Down payment$25,361
Rate6.50%
Term30 years
-Operating costs-$429
Property taxes-$127
Insurance-$175
Utilities$0
HOA$0
Management-$127
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,585(81.2% ROI)
Projected value
$136,555
Return breakdown
Property appreciation+$9,750
Loan principal paid down+$3,634
Rental cash flow+$7,200
5-year hold
+$35,144(138.6% ROI)
Projected value
$143,468
Return breakdown
Property appreciation+$16,663
Loan principal paid down+$6,481
Rental cash flow+$12,000
10-year hold
+$74,960(295.6% ROI)
Projected value
$162,321
Return breakdown
Property appreciation+$35,516
Loan principal paid down+$15,444
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.13
1 BR
0.98
2 BR
0.98
3 BR
1.05
4 BR
1.14
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 74112 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 74112 (Tulsa, OK) is $1,260 a month. That is down 0.8% from $1,270 in FY 2026. Tulsa 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 68 ZIP codes in Tulsa County, 74112 has the 21st-highest two-bedroom rent (county range $920–$1,760). The median county two-bedroom FMR in Oklahoma is $916, so ZIP 74112 is 38% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 74112
BedroomsFY 2027Change90–110% range
Studio$9700.0%$873–$1,067
1BR$1,0300.0%$927–$1,133
2BR$1,260−0.8%$1,134–$1,386
3BR$1,650−1.2%$1,485–$1,815
4BR$1,930−0.5%$1,737–$2,123

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 74112
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$970$1,030$1,260$1,650$1,930
FY 2026$970$1,030$1,270$1,670$1,940
FY 2025$910$970$1,210$1,600$1,840
FY 2024$870$930$1,170$1,540$1,800
FY 2023$760$830$1,050$1,380$1,620

Two-bedroom rent in nearby Tulsa County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 74112
74104$1,380+9.5%
74105$1,270+0.8%
74106$1,090−13.5%
74107$1,210−4.0%
74108$1,270+0.8%
74110$1,060−15.9%
74112Current$1,260—
74114$1,500+19.0%
74115$1,090−13.5%
74116$950−24.6%
74117$1,190−5.6%
74119$1,350+7.1%

Questions about ZIP 74112 rents

How much will Section 8 pay for a two-bedroom in ZIP 74112?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,260, that basic range is $1,134 to $1,386 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 74112 in?

ZIP 74112 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 74112 for FY 2027?

The two-bedroom FMR fell 0.8%, from $1,270 in FY 2026 to $1,260 in FY 2027. Since FY 2023 it has risen 20.0%.

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