Housing market/Oklahoma/ZIP 74116
ZIP 74116 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.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 74116 · OK — sent to you.
ZIP 74116 · OK
ACS rent vs 2BR SAFMR
ZIP 74116 — Tulsa, 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 74116
- 1-unit detached61238.5%
- 1-unit attached60.4%
- 2–4 units1489.3%
- 5–49 units47630.0%
- 50+ units382.4%
- Mobile30919.4%
2–4 unit share 8.9% · 5–49 unit share 28.6% · combined 2–49 37.5%.
Units by bedrooms
Rent burden
- ACS median gross rent $783 (all bedrooms, occupied rentals).
- Median contract rent $649.
- Renters paying ≥30% of income 33.6%; ≥50% 19.5%.
- FY2027 2BR SAFMR $950 (1.213× ACS median gross rent).
Population
3,503 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -13.4%.
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 741 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 74116 54.3% of occupied households are renters; vacancy is 16.5%; ACS median gross rent is $783; population changed -13.4% between the 2018 and 2023 ACS vintages; the housing stock includes 148 units in 2–4-unit structures and 476 units in 5–49-unit structures; FY2027 2BR SAFMR is $950 versus ACS median gross rent of $783. 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 74116 is a Census / HUD profile for Tulsa, OK. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 74116 — Tulsa, 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 74116?
ZIP 74116 (Tulsa, OK HUD Metro FMR Area) has 3,503 residents, 1,390 households, a renter share of 54.3%, median household income of $56,296, and ACS 2023 median gross rent of $783. Vacancy is 16.5%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 74116?
ACS counts 11 units in 2-unit buildings, 137 in 3–4 unit buildings, 308 in 5–9, 135 in 10–19, and 33 in 20–49. Combined 2–49 unit stock is 624 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 74116?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $950. See the full schedule and 90–110% payment-standard band on the ZIP 74116 — Tulsa, OK HUD Section 8 Payment Standards / SAFMR.
Does this Oklahoma ZIP profile include Georgia listings?
No. ZIP 74116 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.