FY2027 Small Area FMR · Oklahoma City, OK

ZIP 73115 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 73115 (Oklahoma City, OK) is $1,140 a month, up 1.8% from FY2026. That is 10% below the Oklahoma City, OK area-wide FMR of $1,264.

2-bedroom SAFMR$1,140per month ▲ 1.8%

Area-wide 2 BR FMR$1,264Oklahoma City, OK

Rank in the area85thof 129 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,026

2 BR Small Area FMR$1,140

110% of SAFMR$1,254

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$860▲ 1.2%

1 BR$940▲ 2.2%

2 BR$1,140▲ 1.8%

3 BR$1,550▲ 2.6%

4 BR$1,730▲ 3.6%

FY2027 FY2026

Where 73115 sits in the Oklahoma City, OK area

Of the 129 ZIP codes HUD lists for the area, 73115 has the 85th highest two-bedroom Small Area FMR. Oklahoma City, OK is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2023), so local housing agencies must set payment standards from this ZIP code's figure, normally between $1,026 and $1,254 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$860	$774 – $946	$958	$850
1 bedroom	$940	$846 – $1,034	$1,040	$920
2 bedrooms	$1,140	$1,026 – $1,254	$1,264	$1,120
3 bedrooms	$1,550	$1,395 – $1,705	$1,713	$1,510
4 bedrooms	$1,730	$1,557 – $1,903	$1,923	$1,670

A household renting a two-bedroom home at the Small Area FMR of $1,140 needs about $45,600 a year to keep housing costs at 30% of income. The area median family income is $97,300 and the 80% low-income limit for four people is $77,850. ZIP code 73115 lies mainly in Oklahoma County. See the Oklahoma City, OK metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
73129	Oklahoma City	2.5 mi	$1,080
73117	Oklahoma City	2.5 mi	$1,160
73110	Oklahoma City	2.8 mi	$1,180
73135	Oklahoma City	2.9 mi	$1,390
73145	Oklahoma City	3.1 mi	$1,880
73104	Oklahoma City	4.2 mi	$1,710

Questions

What is the Fair Market Rent for ZIP code 73115?

HUD's FY2027 Small Area Fair Market Rents for 73115 are $860 (studio), $940 (1 BR), $1,140 (2 BR), $1,550 (3 BR) and $1,730 (4 BR) a month.

What is the Section 8 payment standard in 73115?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 73115 that range is $1,026 to $1,254 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 73115?

The FY2026 income limits of the Oklahoma City, OK area apply: median family income $97,300, low-income (80%) limit $77,850 for a family of four.