Skip to main content
Loading page
Cleveland County/McLoud/74851

74851

ZIPSAFMR
Cleveland County, OK
Zillow

ZIP Investment Score

96Above average

095130300
BRFMR
Eff. Rent
0 BR$720$790
1 BR$730$800
2 BR$920$1,010
3 BR$1,230$1,350
4 BR$1,430$1,570
5 BR$1,644Not available
6 BR$1,891Not available
7 BR$2,175Not available
8 BR$2,501Not available

Purchase Price Calculator

Maximum purchase price
$88,169

Cost breakdown

+Likely effective rent$1,010
HUD FMR$920
Market rent$1,400
Est. payment standard (110%)Used$1,010
-Principal and interest-$446
Loan amount$70,535
Down payment$17,634
Rate6.50%
Term30 years
-Operating costs-$364
Property taxes-$88
Insurance-$175
Utilities$0
HOA$0
Management-$101
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$16,506(93.6% ROI)
Projected value
$94,948
Return breakdown
Property appreciation+$6,779
Loan principal paid down+$2,527
Rental cash flow+$7,200
5-year hold
+$28,093(159.3% ROI)
Projected value
$99,755
Return breakdown
Property appreciation+$11,586
Loan principal paid down+$4,507
Rental cash flow+$12,000
10-year hold
+$59,433(337.0% ROI)
Projected value
$112,864
Return breakdown
Property appreciation+$24,695
Loan principal paid down+$10,738
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
0.59
1 BR
0.64
2 BR
0.66
3 BR
0.75
4 BR
0.82
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 74851 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 74851 (McLoud, OK) is $920 a month. That is down 2.1% from $940 in FY 2026. McLoud 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 30 ZIP codes in Cleveland County, 74851 is tied for the 29th-highest two-bedroom rent (county range $920–$1,710).

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 74851
BedroomsFY 2027Change90–110% range
Studio$720+2.9%$648–$792
1BR$730−1.4%$657–$803
2BR$920−2.1%$828–$1,012
3BR$1,230−2.4%$1,107–$1,353
4BR$1,430−2.1%$1,287–$1,573

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 74851
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$720$730$920$1,230$1,430
FY 2026$700$740$940$1,260$1,460
FY 2025$750$800$990$1,310$1,450
FY 2024$780$790$930$1,250$1,390
FY 2023$730$740$870$1,180$1,310

Two-bedroom rent in nearby Cleveland County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 74851
73153$1,310+42.4%
73159$1,280+39.1%
73160$1,350+46.7%
73165$1,200+30.4%
73169$1,410+53.3%
73170$1,700+84.8%
73173$1,380+50.0%
73189$1,310+42.4%
74851Current$920—
74852$9200.0%
74857$1,390+51.1%
74878$930+1.1%

Questions about ZIP 74851 rents

How much will Section 8 pay for a two-bedroom in ZIP 74851?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $920, that basic range is $828 to $1,012 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 74851 in?

ZIP 74851 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 74851 for FY 2027?

The two-bedroom FMR fell 2.1%, from $940 in FY 2026 to $920 in FY 2027. Since FY 2023 it has risen 5.7%.

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