Income Limits by County

FY2027 Small Area FMR · Oklahoma City, OK

ZIP 73154 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 73154 (Oklahoma City, OK) is $1,240 a month, up 1.6% from FY2026. That is 2% below the Oklahoma City, OK area-wide FMR of $1,264.

2-bedroom SAFMR$1,240per month ▲ 1.6%
Area-wide 2 BR FMR$1,264Oklahoma City, OK
Rank in the area46thof 129 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,116
2 BR Small Area FMR$1,240
110% of SAFMR$1,364

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

FY2027 FY2026

Where 73154 sits in the Oklahoma City, OK area

$920$1,900median $1,240

Of the 129 ZIP codes HUD lists for the area, 73154 has the 46th 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 $1,116 and $1,364 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$940$846 – $1,034$958$920
1 bedroom$1,020$918 – $1,122$1,040$1,000
2 bedrooms$1,240$1,116 – $1,364$1,264$1,220
3 bedrooms$1,680$1,512 – $1,848$1,713$1,640
4 bedrooms$1,890$1,701 – $2,079$1,923$1,820

A household renting a two-bedroom home at the Small Area FMR of $1,240 needs about $49,600 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 73154 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

ZIPPlaceDistance2 BR SAFMR
73118Oklahoma City0.4 mi$1,220
73105Oklahoma City1.4 mi$1,280
73103Oklahoma City2.4 mi$1,410
73116Oklahoma City2.7 mi$1,310
73111Oklahoma City2.7 mi$1,090
73112Oklahoma City2.8 mi$1,300

Questions

What is the Fair Market Rent for ZIP code 73154?

HUD's FY2027 Small Area Fair Market Rents for 73154 are $940 (studio), $1,020 (1 BR), $1,240 (2 BR), $1,680 (3 BR) and $1,890 (4 BR) a month.

What is the Section 8 payment standard in 73154?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 73154 that range is $1,116 to $1,364 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 73154?

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.