ZIP Code · OK

ZIP 74112

Part of Tulsa, OK
Pop. 21,386·Tulsa County·54th most expensive ZIP in Oklahoma
Median rent (all units)
$1,292/mo
Year-over-Year
+1.2%
Month-over-Month
-0.5%
vs US Median
-$640
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 74112 · $1,292
More affordable than 87% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$970
1 BR
$1,030
2 BR
$1,270
3 BR
$1,670
4 BR+
$1,940
Research median
$1,270/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

December. Asking rents in ZIP 74112 usually run 1.5% below trend in December and 1.3% above it in June, about $36 a month apart at today's median. Based on 9 years of data.

Compared with the peak

Rent in ZIP 74112 is 0.6% below its high of $1,300 in March 2026, at $1,292 as of September 2026.

Past year vs. the rest of Oklahoma

Rent in ZIP 74112 changed +1.2% 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 74112 rose 48.4% while median household income rose 31% ($45,010 to $58,951). Rent outpaced income.

Since before the pandemic

Rent in ZIP 74112 is 55.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($58,951) is $1,474 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,270); a 3-bedroom is $1,670.

Rank in Tulsa

11th cheapest of 21 ZIP codes in Tulsa.

Cheaper nearby

ZIP 74115, 4 miles away, rents for 13% less ($1,118/mo), about $2,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 74112. 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
$15,504/yr
At $1,292/mo median
Location
CityTulsa
StateOK
CountyTulsa County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+1.2% YoY, -0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 74112 (Tulsa, OK) is majority owner-occupied, has a median income below the national average, 27.4% of residents hold a bachelor's degree or higher.

Population
21,386
Median income
$58,951
Median age
36.6
Renters
44.7%
Age distribution
21.2%
26.7%
25.6%
12.7%
13.7%
Under 1821.2%
18–3426.7%
35–5425.6%
55–6412.7%
65+13.7%
Gender
51.6%
48.4%
Male51.6%
Female48.4%
Race & ethnicity
61.4%
19.7%
White61.4%
Black9.9%
Hispanic19.7%
Asian1.3%
Other7.7%
Education (25+)
13.5%
26.2%
32.9%
27.4%
No HS diploma13.5%
HS diploma26.2%
Some college32.9%
Bachelor's+27.4%
Housing tenure
55.3%
44.7%
Owner55.3%
Renter44.7%

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

2021 vs 2026

How ZIP 74112 in Tulsa, OK has changed in 5 years

Rent
$950 → $1,292
up 36.0%
Income
$50,646 → $58,951
up 16.4%
Population
21,919 → 21,386
down 2.4%
Renter share
44.3% → 44.7%
+0.4 pts
Bachelor's+
26.2% → 27.4%
+1.2 pts
Median age
38.2 → 36.6
-1.6 yrs

Five years ago, renters in ZIP 74112 in Tulsa, OK paid around $950 a month. That figure now sits near $1,292, up 36.0% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $50,646 in 2021 to $58,951 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 74112 in Tulsa, OK losing about 533 residents over the five-year window, down 2.4% on net. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 74112 in Tulsa, OK market of 2021.

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Local insights

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About renting in ZIP 74112

Last updated: October 17, 2026

ZIP code 74112 covers Tulsa, OK. The median rent here is $1,292/mo as of October 2026. A 1-bedroom rents for a median of $1,030/mo. A 2-bedroom rents for a median of $1,270/mo.

At 26% of local median household income ($58,951/yr), ZIP 74112 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 74112?

To keep rent at or below 30% of gross income, you would need to earn at least $52,000/year (about $25/hour full-time) to afford the median rent of $1,292/mo in ZIP 74112. The local median household income is $58,951/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 74112?

Rent in ZIP 74112 has risen 1.2% over the past year as of September 2026. It sits 0.6% below its high of $1,300 in March 2026.

When is the cheapest time to rent in ZIP 74112?

Asking rents in ZIP 74112 are usually lowest in December, about 1.5% below their yearly trend, and highest in June, about 1.3% above it. At today's median that is a gap of roughly $36 a month. This pattern comes from 9 years of Zillow rent data.

Has rent outpaced income in ZIP 74112?

Yes. From 2019 to 2024, rent in ZIP 74112 rose 48.4% while median household income rose 31%, from $45,010 to $58,951. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 74112 compare to other ZIPs in Oklahoma?

ZIP 74112 is in the middle among Oklahoma ZIP codes for rent, ranking #54 of 99 at $1,292/mo. Over the year to September 2026, rent in ZIP 74112 changed +1.2%, against a typical +3.6% across the 87 Oklahoma ZIP codes Zillow tracks.

How does ZIP 74112 compare to the rest of Tulsa?

At $1,292/mo, ZIP 74112 is $19 above the Tulsa citywide median of $1,273/mo. It is the 11th cheapest of 21 ZIP codes in Tulsa.
Income Affordability
26%
AFFORDABLE

At $1,292/mo, rent takes ~26% of ZIP 74112's median household income ($58,951/yr). The standard benchmark is 30%.

ZIP 74112 26%Benchmark 30%
State income tax0.25–4.75%
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Schools nearby

Public schools near ZIP 74112 (Tulsa, OK)

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