FMR is near market; voucher and private rents are aligned.
1.03
1 BR
1 BR
0.98ratio
FMR$1,007
Market$1,030
vs market-$23
FMR is near market; voucher and private rents are aligned.
0.98
2 BR
2 BR
1.01ratio
FMR$1,229
Market$1,220
vs market+$9
FMR is near market; voucher and private rents are aligned.
1.01
3 BR
3 BR
1.04ratio
FMR$1,611
Market$1,550
vs market+$61
FMR is near market; voucher and private rents are aligned.
1.04
4 BR
4 BR
0.99ratio
FMR$1,882
Market$1,900
vs market-$18
FMR is near market; voucher and private rents are aligned.
0.99
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 74193 fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 74193 (Tulsa, OK) is $1,229 a month. That is up 1.0% from $1,217 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. The median county two-bedroom FMR in Oklahoma is $916, so ZIP 74193 is 34% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 74193
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$933
$947
+1.5%
$852–$1,042
1BR
$987
$1,007
+2.0%
$906–$1,108
2BR
$1,217
$1,229
+1.0%
$1,106–$1,352
3BR
$1,602
$1,611
+0.6%
$1,450–$1,772
4BR
$1,858
$1,882
+1.3%
$1,694–$2,070
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 74193
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$947
$1,007
$1,229
$1,611
$1,882
FY 2026
$933
$987
$1,217
$1,602
$1,858
FY 2025
$890
$950
$1,179
$1,555
$1,796
FY 2024
$834
$900
$1,128
$1,489
$1,733
FY 2023
$711
$781
$987
$1,300
$1,519
Questions about ZIP 74193 rents
How much will Section 8 pay for a two-bedroom in ZIP 74193?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,229, that basic range is $1,106 to $1,352 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 74193 in?
ZIP 74193 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 74193 for FY 2027?
The two-bedroom FMR rose 1.0%, from $1,217 in FY 2026 to $1,229 in FY 2027. Since FY 2023 it has risen 24.5%.
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 Fair Market Rents. 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