ZIP 74056 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 74056 in the Tulsa, OK FMR area.

$710Efficiency
$7501 bedroom
$9202 bedrooms
$1,2003 bedrooms
$1,4004 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$710$639$781$947
1 bedroom$750$675$825$1,007
2 bedrooms$920$828$1,012$1,229
3 bedrooms$1,200$1,080$1,320$1,611
4 bedrooms$1,400$1,260$1,540$1,882

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

Income in ZIP 74056

$52,626average adjusted gross income per tax return (2022)
$36,626average salaries and wages per return
1,890tax returns filed
21%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00034.9%
$25,000 to $50,00029.6%
$50,000 to $75,00013.8%
$75,000 to $100,0008.5%
$100,000 to $200,00010.6%
$200,000 or more2.6%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 25.9% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 74056?

HUD's FY2027 Small Area FMRs for ZIP 74056 (Tulsa, OK) are $710 efficiency, $750 one bedroom, $920 two bedrooms, $1,200 three and $1,400 four bedrooms.

What payment standard can a housing authority set in ZIP 74056?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $828 to $1,012.

How affordable is rent in ZIP 74056?

Tax returns filed from ZIP 74056 reported an average adjusted gross income of $52,626 (2022). A two-bedroom unit at the Small Area FMR costs $11,040 a year, or 21% of that income.