Housing market/Oklahoma/ZIP 73116
ZIP 73116 Oklahoma City, 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.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 73116 · OK — sent to you.
ZIP 73116 · OK
ACS rent vs 2BR SAFMR
ZIP 73116 — Oklahoma City, OK HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 73116
- 1-unit detached3,82977.1%
- 1-unit attached2174.4%
- 2–4 units3336.7%
- 5–49 units4829.7%
- 50+ units992.0%
- Mobile60.1%
2–4 unit share 6.7% · 5–49 unit share 9.7% · combined 2–49 16.4%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,136 (all bedrooms, occupied rentals).
- Median contract rent $870.
- Renters paying ≥30% of income 44.9%; ≥50% 11.8%.
- FY2027 2BR SAFMR $1,310 (1.153× ACS median gross rent).
Population
10,016 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +8.8%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: not published for this ZIP.
- 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 1,214 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 73116 29.0% of occupied households are renters; vacancy is 8.7%; ACS median gross rent is $1,136; population increased +8.8% between the 2018 and 2023 ACS vintages; the housing stock includes 333 units in 2–4-unit structures and 482 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,310 versus ACS median gross rent of $1,136. 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 73116 is a Census / HUD profile for Oklahoma City, OK. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 73116 — Oklahoma City, OK HUD Section 8 Payment Standards / SAFMR·Oklahoma ZIP directory
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 73116?
ZIP 73116 (Oklahoma City, OK HUD Metro FMR Area) has 10,016 residents, 4,535 households, a renter share of 29.0%, median household income of $81,563, and ACS 2023 median gross rent of $1,136. Vacancy is 8.7%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 73116?
ACS counts 82 units in 2-unit buildings, 251 in 3–4 unit buildings, 347 in 5–9, 59 in 10–19, and 76 in 20–49. Combined 2–49 unit stock is 815 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 73116?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,310. See the full schedule and 90–110% payment-standard band on the ZIP 73116 — Oklahoma City, OK HUD Section 8 Payment Standards / SAFMR.
Does this Oklahoma ZIP profile include Georgia listings?
No. ZIP 73116 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.