Housing market/Oklahoma/ZIP 73072

ACS 2023 · FY2027 SAFMR

ZIP 73072 Norman, Oklahoma

Oklahoma City, OK HUD Metro FMR Area · Oklahoma. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
50,500
Households
19,399
Median HH income
$76,933
Renter share
45.2%
Median gross rent
$1,102
Vacancy
7.2%
Pop. change
+8.2%
2BR SAFMR
$1,320
SAFMR / rent
1.198×
2–49 unit stock
6,387
LIHTC proj / units
3 / 368
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 73072 · OK — sent to you.

ZIP 73072 · OK

ACS median rent$1,102
2BR SAFMR$1,320
90% floor$1,188
110% ceiling$1,452

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 73072

  • 1-unit detached11,89556.9%
  • 1-unit attached1,1165.3%
  • 2–4 units1,5987.6%
  • 5–49 units4,78922.9%
  • 50+ units1,1625.6%
  • Mobile3551.7%
TypeUnitsShare
1-unit detached11,89556.9%
1-unit attached1,1165.3%
2 units (duplex)3771.8%
3–4 units1,2215.8%
5–9 units1,9059.1%
10–19 units2,0179.6%
20–49 units8674.1%
50+ units1,1625.6%
Mobile3551.7%

2–4 unit share 7.6% · 5–49 unit share 22.9% · combined 2–49 30.5%.

Units by bedrooms

Studio
385
1BR
2,730
2BR
4,533
3BR
8,338
4BR
4,345
5+
584

Rent burden

Rent ≥30% of income46.8%
Rent ≥50% of income25.9%
  • ACS median gross rent $1,102 (all bedrooms, occupied rentals).
  • Median contract rent $929.
  • Renters paying ≥30% of income 46.8%; ≥50% 25.9%.
  • FY2027 2BR SAFMR $1,320 (1.198× ACS median gross rent).

Population

50,500 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +8.2%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 3 projects, 368 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 69 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 73072 45.2% of occupied households are renters; vacancy is 7.2%; ACS median gross rent is $1,102; population increased +8.2% between the 2018 and 2023 ACS vintages; the housing stock includes 1,598 units in 2–4-unit structures and 4,789 units in 5–49-unit structures; 3 LIHTC projects totaling 368 units; FY2027 2BR SAFMR is $1,320 versus ACS median gross rent of $1,102. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Oklahoma research

ZIP 73072 is a Census / HUD profile for Oklahoma City, OK. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Oklahoma research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 73072?

ZIP 73072 (Oklahoma City, OK HUD Metro FMR Area) has 50,500 residents, 19,399 households, a renter share of 45.2%, median household income of $76,933, and ACS 2023 median gross rent of $1,102. Vacancy is 7.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 73072?

ACS counts 377 units in 2-unit buildings, 1,221 in 3–4 unit buildings, 1,905 in 5–9, 2,017 in 10–19, and 867 in 20–49. Combined 2–49 unit stock is 6,387 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 73072?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,320. See the full schedule and 90–110% payment-standard band on the ZIP 73072 — Norman, OK HUD Section 8 Payment Standards / SAFMR.

Does this Oklahoma ZIP profile include Georgia listings?

No. ZIP 73072 is Census / HUD research for Oklahoma City, OK HUD Metro FMR Area. Jeff Crowe CRE does not list Oklahoma property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.