Location: Tulsa, OK | Metro: Tulsa, OK HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $960 |
| 1 Bedroom | $1,020 |
| 2 Bedrooms | $1,240 |
| 3 Bedrooms | $1,630 |
| 4 Bedrooms | $1,900 |
| 5 Bedrooms | $2,204 |
| 6 Bedrooms | $2,468 |
| 7 Bedrooms | $2,665 |
| 8 Bedrooms | $2,798 |
The ZIP code 74186 in Tulsa County, Oklahoma, stands out due to incomplete data, which includes unknown figures for the number of residents, percentage renting, median income, and median home value. This lack of comprehensive data can make it challenging for landlords and small-portfolio investors to gauge the typical economic conditions and demographics of the area accurately.
However, the Fair Market Rent (FMR) for ZIP 74186 provides a clear benchmark for rental economics. The FMR for the fiscal year 2024 is set at $1140. This figure is crucial for understanding the rent subsidy landscape under the Section 8 Housing Choice Voucher program. Despite the absence of specific market rent data, the FMR serves as a guideline for landlords participating in the program, ensuring that they receive a fair rent amount for their properties.
The uncertainty surrounding other key metrics makes it difficult to definitively label the ZIP code's data signature as either stable or transitional. To make informed decisions about investing in or managing properties within ZIP 74186, landlords should conduct thorough local research and consult with local real estate experts to fill in the gaps left by the missing data points.
Data Sources: FMR data from HUD (2027).
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.