Housing market/Oklahoma/ZIP 74055
ZIP 74055 Owasso, 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.
ZIP brief
Email this profile
HUD schedule, ACS stock, and the 90–110% band for ZIP 74055 · OK — sent to you.
ZIP 74055 · OK
ACS rent vs 2BR SAFMR
ZIP 74055 — Owasso, 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 74055
- 1-unit detached15,32678.4%
- 1-unit attached1790.9%
- 2–4 units7633.9%
- 5–49 units2,39712.3%
- 50+ units5562.8%
- Mobile3181.6%
2–4 unit share 3.9% · 5–49 unit share 12.3% · combined 2–49 16.2%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,218 (all bedrooms, occupied rentals).
- Median contract rent $1,043.
- Renters paying ≥30% of income 40.0%; ≥50% 17.3%.
- FY2027 2BR SAFMR $1,400 (1.149× ACS median gross rent).
Population
49,895 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +10.0%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 4 projects, 342 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 735 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 74055 28.9% of occupied households are renters; vacancy is 4.4%; ACS median gross rent is $1,218; population increased +10.0% between the 2018 and 2023 ACS vintages; the housing stock includes 763 units in 2–4-unit structures and 2,397 units in 5–49-unit structures; 4 LIHTC projects totaling 342 units; FY2027 2BR SAFMR is $1,400 versus ACS median gross rent of $1,218. 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 74055 is a Census / HUD profile for Tulsa, OK. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 74055 — Owasso, 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 74055?
ZIP 74055 (Tulsa, OK HUD Metro FMR Area) has 49,895 residents, 18,686 households, a renter share of 28.9%, median household income of $86,897, and ACS 2023 median gross rent of $1,218. Vacancy is 4.4%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 74055?
ACS counts 402 units in 2-unit buildings, 361 in 3–4 unit buildings, 527 in 5–9, 1,274 in 10–19, and 596 in 20–49. Combined 2–49 unit stock is 3,160 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 74055?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,400. See the full schedule and 90–110% payment-standard band on the ZIP 74055 — Owasso, OK HUD Section 8 Payment Standards / SAFMR.
Does this Oklahoma ZIP profile include Georgia listings?
No. ZIP 74055 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.