Housing market/Oklahoma/ZIP 74127

ACS 2023 · FY2027 SAFMR

ZIP 74127 Tulsa, Oklahoma

Tulsa, 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
15,990
Households
6,525
Median HH income
$47,287
Renter share
42.1%
Median gross rent
$955
Vacancy
12.7%
Pop. change
+1.7%
2BR SAFMR
$1,190
SAFMR / rent
1.246×
2–49 unit stock
926
LIHTC proj / units
5 / 356
HUD assisted MF
1 / 65

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 74127 · OK — sent to you.

ZIP 74127 · OK

ACS median rent$955
2BR SAFMR$1,190
90% floor$1,071
110% ceiling$1,309

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

Housing stock

ACS 2023 units-in-structure · ZCTA 74127

  • 1-unit detached6,09581.7%
  • 1-unit attached1472.0%
  • 2–4 units4856.5%
  • 5–49 units4415.9%
  • 50+ units1502.0%
  • Mobile1451.9%
TypeUnitsShare
1-unit detached6,09581.5%
1-unit attached1472.0%
2 units (duplex)1431.9%
3–4 units3424.6%
5–9 units1642.2%
10–19 units1782.4%
20–49 units991.3%
50+ units1502.0%
Mobile1451.9%

2–4 unit share 6.5% · 5–49 unit share 5.9% · combined 2–49 12.4%.

Units by bedrooms

Studio
244
1BR
617
2BR
2,796
3BR
3,007
4BR
704
5+
106

Rent burden

Rent ≥30% of income47.5%
Rent ≥50% of income25.9%
  • ACS median gross rent $955 (all bedrooms, occupied rentals).
  • Median contract rent $710.
  • Renters paying ≥30% of income 47.5%; ≥50% 25.9%.
  • FY2027 2BR SAFMR $1,190 (1.246× ACS median gross rent).

Population

15,990 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.7%.

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

Assisted inventory

  • LIHTC: 5 projects, 356 units.
  • HUD project-based assisted MF: 1 properties, 65 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 646 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 74127 42.1% of occupied households are renters; vacancy is 12.7%; ACS median gross rent is $955; population increased +1.7% between the 2018 and 2023 ACS vintages; the housing stock includes 485 units in 2–4-unit structures and 441 units in 5–49-unit structures; 5 LIHTC projects totaling 356 units; FY2027 2BR SAFMR is $1,190 versus ACS median gross rent of $955. 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 74127 is a Census / HUD profile for Tulsa, 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 74127?

ZIP 74127 (Tulsa, OK HUD Metro FMR Area) has 15,990 residents, 6,525 households, a renter share of 42.1%, median household income of $47,287, and ACS 2023 median gross rent of $955. Vacancy is 12.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 74127?

ACS counts 143 units in 2-unit buildings, 342 in 3–4 unit buildings, 164 in 5–9, 178 in 10–19, and 99 in 20–49. Combined 2–49 unit stock is 926 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 74127?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,190. See the full schedule and 90–110% payment-standard band on the ZIP 74127 — Tulsa, OK HUD Section 8 Payment Standards / SAFMR.

Does this Oklahoma ZIP profile include Georgia listings?

No. ZIP 74127 is Census / HUD research for Tulsa, 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.