ZIP 74103 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 74103 in the Tulsa, OK FMR area.

$1,200Efficiency
$1,2801 bedroom
$1,5602 bedrooms
$2,0503 bedrooms
$2,3904 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,200$1,080$1,320$947
1 bedroom$1,280$1,152$1,408$1,007
2 bedrooms$1,560$1,404$1,716$1,229
3 bedrooms$2,050$1,845$2,255$1,611
4 bedrooms$2,390$2,151$2,629$1,882

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

Income in ZIP 74103

$197,913average adjusted gross income per tax return (2022)
$64,455average salaries and wages per return
780tax returns filed
9%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00024.4%
$25,000 to $50,00023.1%
$50,000 to $75,00015.4%
$75,000 to $100,00010.3%
$100,000 to $200,00014.1%
$200,000 or more12.8%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 11.5% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 74103?

HUD's FY2027 Small Area FMRs for ZIP 74103 (Tulsa, OK) are $1,200 efficiency, $1,280 one bedroom, $1,560 two bedrooms, $2,050 three and $2,390 four bedrooms.

What payment standard can a housing authority set in ZIP 74103?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,404 to $1,716.

How affordable is rent in ZIP 74103?

Tax returns filed from ZIP 74103 reported an average adjusted gross income of $197,913 (2022). A two-bedroom unit at the Small Area FMR costs $18,720 a year, or 9% of that income.