Logo Oklahoma City Fair Market Rent FY 2015 Oklahoma City, OK HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Oklahoma City, OK :
$503 $584 $748 $1,024 $1,229
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Oklahoma City are high compared to the national average. This FMR area is more expensive than 80% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Oklahoma City is $748 per month.

The previous year, rent for a two-bedroom home was $723 per month. This is a 3.46% increase year-over-year.

This FMR rate applies to Concho, OK, Union City, OK, Calumet, OK, Okarche, OK, Piedmont, OK, El Reno, OK, Mustang, OK, Oklahoma City, OK, Yukon, OK and other cities within the region. The Metro Code or CBSA code for this region is METRO36420M36420.

Additionally, This Fair Market Rent (FMR) area Oklahoma City, OK HUD Metro FMR Area spans one county or city in Oklahoma which is listed in the table below. Estimated population of Oklahoma City, OK HUD Metro FMR Area FMR area is 115,541 people based on latest Census data.

Compared to the rest of Oklahoma, the Oklahoma City FMR area is more expensive than 98% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Oklahoma City. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Oklahoma City

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 537
1-BR 1-Bedroom $ 624
2-BR 2-Bedroom $ 798
3-BR 3-Bedroom $ 1092
4-BR 4-Bedroom $ 1311
Change Year:

There is just one county (listed below) within the Oklahoma City, OK HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Oklahoma City.

County / Region Est. Population
Oklahoma City, OK Metro 115,541
Zip Codes in Oklahoma City, OK HUD Metro FMR Area

There are 13 unique zip codes in this Fair Market Rent (FMR) area:

73014, 73022, 73036, 73064, 73078, 73085, 73090, 73099, 73127, 73128, 73173, 73179 and 73762

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