ZIP 74107 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 74107 in the Tulsa, OK FMR area.

$930Efficiency
$9901 bedroom
$1,2102 bedrooms
$1,5903 bedrooms
$1,8504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$930$837$1,023$947
1 bedroom$990$891$1,089$1,007
2 bedrooms$1,210$1,089$1,331$1,229
3 bedrooms$1,590$1,431$1,749$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.

Income in ZIP 74107

$50,077average adjusted gross income per tax return (2022)
$38,611average salaries and wages per return
7,470tax returns filed
29%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00037.2%
$25,000 to $50,00030.5%
$50,000 to $75,00014.7%
$75,000 to $100,0007.5%
$100,000 to $200,0008.2%
$200,000 or more1.9%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 27.3% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 74107?

HUD's FY2027 Small Area FMRs for ZIP 74107 (Tulsa, OK) are $930 efficiency, $990 one bedroom, $1,210 two bedrooms, $1,590 three and $1,850 four bedrooms.

What payment standard can a housing authority set in ZIP 74107?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,089 to $1,331.

How affordable is rent in ZIP 74107?

Tax returns filed from ZIP 74107 reported an average adjusted gross income of $50,077 (2022). A two-bedroom unit at the Small Area FMR costs $14,520 a year, or 29% of that income.