Location: Tulsa, OK | Metro: Tulsa, OK HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $950 |
| 1 Bedroom | $1,010 |
| 2 Bedrooms | $1,230 |
| 3 Bedrooms | $1,610 |
| 4 Bedrooms | $1,880 |
| 5 Bedrooms | $2,181 |
| 6 Bedrooms | $2,443 |
| 7 Bedrooms | $2,638 |
| 8 Bedrooms | $2,770 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,230 | $155,255 | 0.79% | D |
| 3BR | $1,610 | $224,341 | 0.72% | D |
| 4BR | $1,880 | $271,331 | 0.69% | D |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP 74145, Tulsa, OK, presents a nuanced picture that landlords and small-portfolio investors should consider. With a median home value of $226,683, the area offers an affordable entry point into the housing market. The fact that only 0.3% of listings have reduced their prices indicates strong seller pricing power. This resilience against price reductions suggests that homes in this region maintain their value well, even during periods of economic uncertainty.
The median days on market (DOM) being listed as N/A can imply either a very active market where homes sell quickly, or a less active market with fewer transactions. Given the low percentage of price reductions, it's reasonable to infer that homes are selling relatively quickly, further reinforcing the idea of robust demand.
On the rental side, the Federal Market Rent (FMR) for ZIP 74145 in fiscal year 2024 is projected at $1,080. In contrast, the actual market rent, measured by Zillow Observed Rent Index (ZORI), stands at $1,420. This gap between government estimates and actual market conditions highlights a favorable rental environment for landlords, as tenants are willing to pay above the estimated rates. Such dynamics suggest a steady income stream for those who choose to rent out their properties rather than sell.
For long-term investors, the data implies a scenario where appreciation is likely but not guaranteed. The strong seller pricing power and quick sales indicate a healthy market that could support gradual value increases. However, the disparity between FMR and ZORI also points to a potentially volatile market, influenced by factors such as local economic conditions and tenant preferences. Long-hold investors should focus on the rental income potential and moderate appreciation expectations.
In summary, the combination of a stable median home value, minimal price reductions, and favorable rental dynamics in ZIP 74145 signals a resilient market. Landlords and small-portfolio investors can expect consistent rental returns and a solid foundation for property values, though they should be cautious about overly optimistic appreciation forecasts.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.