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FY2017 Hypothetical Small Area FMRs For Okmulgee County, OK

In metropolitan areas, HUD defines Small Areas using ZIP Codes within the metropolitan area. Using ZIP codes as the basis for FMRs provides tenants with greater ability to move into ?Opportunity Neighborhoods? with jobs, public transportation, and good schools. They also provide for multiple payment standards within a metropolitan area, and they are likely to reduce need for extensive market area rent reasonableness studies. Lastly, HUD hopes that setting FMRs for each ZIP code will reduce overpayment in lower-rent areas.

Okmulgee County is part of the Tulsa, OK MSA.

Okmulgee County, OK Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
74047 $520 $610 $790 $1,060 $1,170 0.968
74421 $450 $530 $680 $910 $1,010 0.725
74422 $450 $530 $680 $910 $1,010 0.802
74428 $450 $530 $680 $910 $1,010 0.826
74431 $460 $540 $700 $940 $1,040 0.861
74436 $500 $580 $750 $1,010 $1,110 0.926
74437 $450 $530 $680 $910 $1,010 0.812
74445 $470 $550 $710 $950 $1,050 0.881
74447 $450 $530 $680 $910 $1,010 0.831
74456 $480 $570 $730 $980 $1,080 0.898
74460 $450 $530 $680 $910 $1,010 0.757
74880 $450 $530 $680 $910 $1,010 0.570

* Small Area FMRs presented with an asterisk are calculated in accordance with the Guidance For Preparing Comments on Small Area FMRs available at here.

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