ZIP Code · OK

ZIP 74012

Pop. 65,060·Tulsa County·19th most expensive ZIP in Oklahoma
Median rent (all units)
$1,533/mo
Year-over-Year
+4.8%
Month-over-Month
Stable
vs US Median
-$399
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 74012 · $1,533
More affordable than 71% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,090
1 BR
$1,150
2 BR
$1,420
3 BR
$1,870
4 BR+
$2,170
Research median
$1,420/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

March. Asking rents in ZIP 74012 usually run 0.7% below trend in March and 0.6% above it in June, about $20 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 74012 is 0.2% below its high of $1,536 in July 2026, at $1,533 as of September 2026.

Past year vs. the rest of Oklahoma

Rent in ZIP 74012 changed +4.8% over the year to September 2026. Across the 87 Oklahoma ZIP codes Zillow tracks, the typical change was +3.6%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 74012 rose 38.1% while median household income rose 16.8% ($69,743 to $81,456). Rent outpaced income.

Since before the pandemic

Rent in ZIP 74012 is 48% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has fallen 2 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($81,456) is $2,036 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,870); a 4-bedroom is $2,170.

Rank in Broken Arrow

1st cheapest of 3 ZIP codes in Broken Arrow.

Cheaper nearby

ZIP 74133, 4 miles away, rents for 23% less ($1,181/mo), about $4,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 74012. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$18,396/yr
At $1,533/mo median
Location
StateOK
CountyTulsa County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.8% YoY, -0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 74012 (Broken Arrow, OK) is majority owner-occupied, 34.4% of residents hold a bachelor's degree or higher.

Population
65,060
Median income
$81,456
Median age
36.6
Renters
33.6%
Age distribution
24.4%
23.2%
24.1%
16.4%
Under 1824.4%
18–3423.2%
35–5424.1%
55–6412%
65+16.4%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
67%
White67%
Black6.6%
Hispanic11.3%
Asian5.4%
Other9.7%
Education (25+)
25.7%
34.2%
34.4%
No HS diploma5.8%
HS diploma25.7%
Some college34.2%
Bachelor's+34.4%
Housing tenure
66.4%
33.6%
Owner66.4%
Renter33.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 74012 in Broken Arrow, OK has changed in 5 years

Rent
$1,113 → $1,533
up 37.7%
Income
$72,941 → $81,456
up 11.7%
Population
63,319 → 65,060
up 2.7%
Renter share
33.6% → 33.6%
+0.0 pts
Bachelor's+
33.6% → 34.4%
+0.8 pts

Compared with 2021, rent in ZIP 74012 in Broken Arrow, OK has climbed by $420 per month, settling near $1,533 after starting the period at $1,113. Local incomes tracked alongside that move, going from a median of $72,941 in 2021 to $81,456 more recently. Rent outpaced income growth by roughly 26.0 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 63,319 to 65,060 between 2021 and 2024, a 2.7% change. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 74012 in Broken Arrow, OK market of 2021.

Community

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Local insights

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About renting in ZIP 74012

Last updated: October 17, 2026

ZIP code 74012 covers Broken Arrow, OK. The median rent here is $1,533/mo as of October 2026. A 1-bedroom rents for a median of $1,150/mo. A 2-bedroom rents for a median of $1,420/mo.

At 23% of local median household income ($81,456/yr), ZIP 74012 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 74012?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (about $29/hour full-time) to afford the median rent of $1,533/mo in ZIP 74012. The local median household income is $81,456/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 74012?

Rent in ZIP 74012 has risen 4.8% over the past year as of September 2026. It sits 0.2% below its high of $1,536 in July 2026.

When is the cheapest time to rent in ZIP 74012?

Asking rents in ZIP 74012 are usually lowest in March, about 0.7% below their yearly trend, and highest in June, about 0.6% above it. At today's median that is a gap of roughly $20 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 74012?

Yes. From 2019 to 2024, rent in ZIP 74012 rose 38.1% while median household income rose 16.8%, from $69,743 to $81,456. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 74012 compare to other ZIPs in Oklahoma?

ZIP 74012 is one of the pricier among Oklahoma ZIP codes for rent, ranking #19 of 99 at $1,533/mo. Over the year to September 2026, rent in ZIP 74012 changed +4.8%, against a typical +3.6% across the 87 Oklahoma ZIP codes Zillow tracks.

How does ZIP 74012 compare to the rest of Broken Arrow?

At $1,533/mo, ZIP 74012 is $49 below the Broken Arrow citywide median of $1,582/mo. It is the 1st cheapest of 3 ZIP codes in Broken Arrow.
Income Affordability
23%
VERY AFFORDABLE

At $1,533/mo, rent takes ~23% of ZIP 74012's median household income ($81,456/yr). The standard benchmark is 30%.

ZIP 74012 23%Benchmark 30%
State income tax0.25–4.75%
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Schools nearby

Public schools near ZIP 74012 (Broken Arrow, OK)

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