Housing market/Oklahoma/ZIP 73142

ACS 2023 · FY2027 SAFMR

ZIP 73142 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.

Population
16,364
Households
7,401
Median HH income
$73,966
Renter share
43.5%
Median gross rent
$1,211
Vacancy
7.4%
Pop. change
+14.4%
2BR SAFMR
$1,390
SAFMR / rent
1.148×
2–49 unit stock
2,709
LIHTC proj / units
1 / 200
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 73142 · OK — sent to you.

ZIP 73142 · OK

ACS median rent$1,211
2BR SAFMR$1,390
90% floor$1,251
110% ceiling$1,529

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

Housing stock

ACS 2023 units-in-structure · ZCTA 73142

  • 1-unit detached4,65258.2%
  • 1-unit attached2813.5%
  • 2–4 units3584.5%
  • 5–49 units2,35129.4%
  • 50+ units3544.4%
  • Mobile10.0%
TypeUnitsShare
1-unit detached4,65258.2%
1-unit attached2813.5%
2 units (duplex)1151.4%
3–4 units2433.0%
5–9 units3023.8%
10–19 units1,48618.6%
20–49 units5637.0%
50+ units3544.4%
Mobile10.0%

2–4 unit share 4.5% · 5–49 unit share 29.4% · combined 2–49 33.9%.

Units by bedrooms

Studio
114
1BR
1,156
2BR
2,261
3BR
2,813
4BR
1,404
5+
249

Rent burden

Rent ≥30% of income42.9%
Rent ≥50% of income14.3%
  • ACS median gross rent $1,211 (all bedrooms, occupied rentals).
  • Median contract rent $1,051.
  • Renters paying ≥30% of income 42.9%; ≥50% 14.3%.
  • FY2027 2BR SAFMR $1,390 (1.148× ACS median gross rent).

Population

16,364 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +14.4%.

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

Assisted inventory

  • LIHTC: 1 projects, 200 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 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 73142 43.5% of occupied households are renters; vacancy is 7.4%; ACS median gross rent is $1,211; population increased +14.4% between the 2018 and 2023 ACS vintages; the housing stock includes 358 units in 2–4-unit structures and 2,351 units in 5–49-unit structures; 1 LIHTC projects totaling 200 units; FY2027 2BR SAFMR is $1,390 versus ACS median gross rent of $1,211. 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 73142 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 73142?

ZIP 73142 (Oklahoma City, OK HUD Metro FMR Area) has 16,364 residents, 7,401 households, a renter share of 43.5%, median household income of $73,966, and ACS 2023 median gross rent of $1,211. Vacancy is 7.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 73142?

ACS counts 115 units in 2-unit buildings, 243 in 3–4 unit buildings, 302 in 5–9, 1,486 in 10–19, and 563 in 20–49. Combined 2–49 unit stock is 2,709 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 73142?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,390. See the full schedule and 90–110% payment-standard band on the ZIP 73142 — Oklahoma City, OK HUD Section 8 Payment Standards / SAFMR.

Does this Oklahoma ZIP profile include Georgia listings?

No. ZIP 73142 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.