ZIP 74604 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 74604 in the Tulsa, OK FMR area.

Tulsa, OK

$650Efficiency

$7101 bedroom

$9202 bedrooms

$1,2003 bedrooms

$1,2704 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$650	$585	$715	$947
1 bedroom	$710	$639	$781	$1,007
2 bedrooms	$920	$828	$1,012	$1,229
3 bedrooms	$1,200	$1,080	$1,320	$1,611
4 bedrooms	$1,270	$1,143	$1,397	$1,882

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

Kay County, OK

$650Efficiency

$7101 bedroom

$9202 bedrooms

$1,2003 bedrooms

$1,2704 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$650	$585	$715	$638
1 bedroom	$710	$639	$781	$700
2 bedrooms	$920	$828	$1,012	$916
3 bedrooms	$1,200	$1,080	$1,320	$1,199
4 bedrooms	$1,270	$1,143	$1,397	$1,204

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

Income in ZIP 74604

$86,537average adjusted gross income per tax return (2022)

$48,934average salaries and wages per return

5,680tax returns filed

13%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	26.9%
$25,000 to $50,000	19.7%
$50,000 to $75,000	14.1%
$75,000 to $100,000	10.7%
$100,000 to $200,000	21.0%
$200,000 or more	7.6%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 12.1% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 74604?

HUD's FY2027 Small Area FMRs for ZIP 74604 (Tulsa, OK) are $650 efficiency, $710 one bedroom, $920 two bedrooms, $1,200 three and $1,270 four bedrooms.

What payment standard can a housing authority set in ZIP 74604?

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 74604?

Tax returns filed from ZIP 74604 reported an average adjusted gross income of $86,537 (2022). A two-bedroom unit at the Small Area FMR costs $11,040 a year, or 13% of that income.