ZIP 74137 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 74137 in the Tulsa, OK FMR area.

$1,090Efficiency
$1,1601 bedroom
$1,4202 bedrooms
$1,8603 bedrooms
$2,1704 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,090$981$1,199$947
1 bedroom$1,160$1,044$1,276$1,007
2 bedrooms$1,420$1,278$1,562$1,229
3 bedrooms$1,860$1,674$2,046$1,611
4 bedrooms$2,170$1,953$2,387$1,882

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

Income in ZIP 74137

$177,551average adjusted gross income per tax return (2022)
$91,400average salaries and wages per return
12,800tax returns filed
10%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00021.8%
$25,000 to $50,00017.6%
$50,000 to $75,00011.3%
$75,000 to $100,0008.5%
$100,000 to $200,00019.4%
$200,000 or more21.4%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 8.5% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 74137?

HUD's FY2027 Small Area FMRs for ZIP 74137 (Tulsa, OK) are $1,090 efficiency, $1,160 one bedroom, $1,420 two bedrooms, $1,860 three and $2,170 four bedrooms.

What payment standard can a housing authority set in ZIP 74137?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,278 to $1,562.

How affordable is rent in ZIP 74137?

Tax returns filed from ZIP 74137 reported an average adjusted gross income of $177,551 (2022). A two-bedroom unit at the Small Area FMR costs $17,040 a year, or 10% of that income.