Housing market/Oklahoma/ZIP 74012

ACS 2023 · FY2027 SAFMR

ZIP 74012 Broken Arrow, 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
63,899
Households
24,777
Median HH income
$80,079
Renter share
33.0%
Median gross rent
$1,211
Vacancy
5.0%
Pop. change
+2.4%
2BR SAFMR
$1,420
SAFMR / rent
1.173×
2–49 unit stock
4,465
LIHTC proj / units
3 / 181
HUD assisted MF
2 / 61

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 74012 · OK — sent to you.

ZIP 74012 · OK

ACS median rent$1,211
2BR SAFMR$1,420
90% floor$1,278
110% ceiling$1,562

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

Housing stock

ACS 2023 units-in-structure · ZCTA 74012

  • 1-unit detached19,99276.7%
  • 1-unit attached5482.1%
  • 2–4 units6442.5%
  • 5–49 units3,82114.7%
  • 50+ units8143.1%
  • Mobile2501.0%
TypeUnitsShare
1-unit detached19,99276.7%
1-unit attached5482.1%
2 units (duplex)2891.1%
3–4 units3551.4%
5–9 units9513.6%
10–19 units2,0187.7%
20–49 units8523.3%
50+ units8143.1%
Mobile2501.0%

2–4 unit share 2.5% · 5–49 unit share 14.7% · combined 2–49 17.1%.

Units by bedrooms

Studio
375
1BR
1,956
2BR
4,439
3BR
12,512
4BR
5,653
5+
1,134

Rent burden

Rent ≥30% of income38.2%
Rent ≥50% of income16.3%
  • ACS median gross rent $1,211 (all bedrooms, occupied rentals).
  • Median contract rent $1,035.
  • Renters paying ≥30% of income 38.2%; ≥50% 16.3%.
  • FY2027 2BR SAFMR $1,420 (1.173× ACS median gross rent).

Population

63,899 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.4%.

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

Assisted inventory

  • LIHTC: 3 projects, 181 units.
  • HUD project-based assisted MF: 2 properties, 61 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 933 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 74012 33.0% of occupied households are renters; vacancy is 5.0%; ACS median gross rent is $1,211; population increased +2.4% between the 2018 and 2023 ACS vintages; the housing stock includes 644 units in 2–4-unit structures and 3,821 units in 5–49-unit structures; 3 LIHTC projects totaling 181 units; FY2027 2BR SAFMR is $1,420 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 74012 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 74012?

ZIP 74012 (Tulsa, OK HUD Metro FMR Area) has 63,899 residents, 24,777 households, a renter share of 33.0%, median household income of $80,079, and ACS 2023 median gross rent of $1,211. Vacancy is 5.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 74012?

ACS counts 289 units in 2-unit buildings, 355 in 3–4 unit buildings, 951 in 5–9, 2,018 in 10–19, and 852 in 20–49. Combined 2–49 unit stock is 4,465 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 74012?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,420. See the full schedule and 90–110% payment-standard band on the ZIP 74012 — Broken Arrow, OK HUD Section 8 Payment Standards / SAFMR.

Does this Oklahoma ZIP profile include Georgia listings?

No. ZIP 74012 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.