ZIP 74878 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 74878 in the Oklahoma City, OK FMR area.

Oklahoma City, OK

$710Efficiency

$7201 bedroom

$9302 bedrooms

$1,2503 bedrooms

$1,4604 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$710	$639	$781	$958
1 bedroom	$720	$648	$792	$1,040
2 bedrooms	$930	$837	$1,023	$1,264
3 bedrooms	$1,250	$1,125	$1,375	$1,713
4 bedrooms	$1,460	$1,314	$1,606	$1,923

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

Pottawatomie County, OK

$710Efficiency

$7201 bedroom

$9302 bedrooms

$1,2503 bedrooms

$1,4604 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$710	$639	$781	$721
1 bedroom	$720	$648	$792	$725
2 bedrooms	$930	$837	$1,023	$949
3 bedrooms	$1,250	$1,125	$1,375	$1,268
4 bedrooms	$1,460	$1,314	$1,606	$1,494

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

Income in ZIP 74878

$52,092average adjusted gross income per tax return (2022)

$38,640average salaries and wages per return

650tax returns filed

21%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	32.3%
$25,000 to $50,000	29.2%
$50,000 to $75,000	16.9%
$75,000 to $100,000	10.8%
$100,000 to $200,000	10.8%
$200,000 or more	0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 21.5% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 74878?

HUD's FY2027 Small Area FMRs for ZIP 74878 (Oklahoma City, OK) are $710 efficiency, $720 one bedroom, $930 two bedrooms, $1,250 three and $1,460 four bedrooms.

What payment standard can a housing authority set in ZIP 74878?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $837 to $1,023.

How affordable is rent in ZIP 74878?

Tax returns filed from ZIP 74878 reported an average adjusted gross income of $52,092 (2022). A two-bedroom unit at the Small Area FMR costs $11,160 a year, or 21% of that income.