FY2027 Small Area FMR · Oklahoma City, OK

ZIP 73132 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 73132 (Oklahoma City, OK) is $1,180 a month, up 2.6% from FY2026. That is 7% below the Oklahoma City, OK area-wide FMR of $1,264.

2-bedroom SAFMR$1,180per month ▲ 2.6%

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

Rank in the area79thof 129 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,062

2 BR Small Area FMR$1,180

110% of SAFMR$1,298

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

Studio$890▲ 2.3%

1 BR$970▲ 3.2%

2 BR$1,180▲ 2.6%

3 BR$1,600▲ 3.2%

4 BR$1,790▲ 4.1%

FY2027 FY2026

Where 73132 sits in the Oklahoma City, OK area

Of the 129 ZIP codes HUD lists for the area, 73132 has the 79th 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 $1,062 and $1,298 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$890	$801 – $979	$958	$870
1 bedroom	$970	$873 – $1,067	$1,040	$940
2 bedrooms	$1,180	$1,062 – $1,298	$1,264	$1,150
3 bedrooms	$1,600	$1,440 – $1,760	$1,713	$1,550
4 bedrooms	$1,790	$1,611 – $1,969	$1,923	$1,720

A household renting a two-bedroom home at the Small Area FMR of $1,180 needs about $47,200 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 73132 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
73162	Oklahoma City	2.0 mi	$1,290
73122	Oklahoma City	2.5 mi	$1,110
73008	Bethany	2.9 mi	$1,220
73120	Oklahoma City	3.9 mi	$1,340
73116	Oklahoma City	3.9 mi	$1,310
73112	Oklahoma City	4.1 mi	$1,300

Questions

What is the Fair Market Rent for ZIP code 73132?

HUD's FY2027 Small Area Fair Market Rents for 73132 are $890 (studio), $970 (1 BR), $1,180 (2 BR), $1,600 (3 BR) and $1,790 (4 BR) a month.

What is the Section 8 payment standard in 73132?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 73132 that range is $1,062 to $1,298 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 73132?

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.