Location: Tulsa, OK | Metro: Tulsa, OK HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $780 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,220 |
| 4 Bedrooms | $1,420 |
| 5 Bedrooms | $1,647 |
| 6 Bedrooms | $1,845 |
| 7 Bedrooms | $1,993 |
| 8 Bedrooms | $2,093 |
U.S. Census Bureau data (2024)
The ZIP code 74046, located in the Tulsa, OK HUD Metro FMR Area, presents itself as a cash-flow anchor within a Section 8 portfolio strategy. This designation is based on the area's Fair Market Rent (FMR) for fiscal year 2024, which stands at $920. While specific market rent data and median home values are currently unavailable, the FMR provides a reliable benchmark for rental pricing in federally assisted housing programs.
As a cash-flow anchor, ZIP 74046 ensures steady, predictable income for landlords and small-portfolio investors. The FMR of $920 guarantees that tenants receiving Section 8 vouchers will be able to afford rent without significant financial strain, reducing the risk of default and vacancy. This stability is crucial for maintaining consistent cash flow, especially when compared to areas with higher volatility in rental prices.
The median income data for ZIP 74046 is also currently unavailable. However, the 13.0% renter share indicates a moderate level of demand for rental properties. This percentage suggests that while a significant portion of residents owns their homes, there is still a notable segment of the population relying on rentals, making the area attractive for landlords focused on long-term, stable income streams.
Despite the lack of detailed market data, the presence of Section 8 voucher holders in ZIP 74046 can be leveraged to mitigate risks associated with fluctuating market conditions. Landlords should focus on properties that meet the quality standards set by the program to ensure eligibility and compliance. By anchoring a portion of their portfolio in this ZIP code, investors can create a balanced investment strategy that includes both high-growth potential areas and those offering stable cash flow.
In conclusion, ZIP 74046 serves as a cash-flow anchor due to its established FMR of $920, providing landlords and small-portfolio investors with a reliable source of income. The moderate renter share further supports this role, indicating a steady demand for rental properties. This ZIP code is best suited for investors seeking to stabilize their portfolios against market fluctuations, ensuring a predictable and consistent revenue stream.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.