ZIP 74038 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 74038 in the Tulsa, OK FMR area.

Tulsa, OK

$890Efficiency

$9501 bedroom

$1,1502 bedrooms

$1,5303 bedrooms

$1,8504 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$890	$801	$979	$947
1 bedroom	$950	$855	$1,045	$1,007
2 bedrooms	$1,150	$1,035	$1,265	$1,229
3 bedrooms	$1,530	$1,377	$1,683	$1,611
4 bedrooms	$1,850	$1,665	$2,035	$1,882

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Pawnee County, OK

$890Efficiency

$9501 bedroom

$1,1502 bedrooms

$1,5303 bedrooms

$1,8504 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$890	$801	$979	$751
1 bedroom	$950	$855	$1,045	$805
2 bedrooms	$1,150	$1,035	$1,265	$972
3 bedrooms	$1,530	$1,377	$1,683	$1,304
4 bedrooms	$1,850	$1,665	$2,035	$1,625

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 74038

$53,935average adjusted gross income per tax return (2022)

$42,516average salaries and wages per return

810tax returns filed

26%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	29.6%
$25,000 to $50,000	29.6%
$50,000 to $75,000	17.3%
$75,000 to $100,000	8.6%
$100,000 to $200,000	14.8%
$200,000 or more	0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 23.5% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 74038?

HUD's FY2027 Small Area FMRs for ZIP 74038 (Tulsa, OK) are $890 efficiency, $950 one bedroom, $1,150 two bedrooms, $1,530 three and $1,850 four bedrooms.

What payment standard can a housing authority set in ZIP 74038?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,035 to $1,265.

How affordable is rent in ZIP 74038?

Tax returns filed from ZIP 74038 reported an average adjusted gross income of $53,935 (2022). A two-bedroom unit at the Small Area FMR costs $13,800 a year, or 26% of that income.