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ZIP Code · OK

ZIP 74120

Part of Tulsa, OK
Pop. 5,195·Tulsa County·50th most expensive ZIP in Oklahoma
Median rent (all units)
$1,324/mo
Year-over-Year
+6.6%
Month-over-Month
+11.3%
vs US Median
-$641
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 74120 · $1,324
More affordable than 85% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$910
1 BR
$960
2 BR
$1,190
3 BR
$1,570
4 BR+
$1,820
Research median
$1,190/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: July 20, 2026

Annual cost
$15,888/yr
At $1,324/mo median
Location
CityTulsa
StateOK
CountyTulsa County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.6% YoY, +11.3% MoM), not inventory.
Demographics

Who lives here

ZIP 74120 (Tulsa, OK) is majority renter-occupied, skews toward younger working-age adults, 51.3% of residents hold a bachelor's degree or higher.

Population
5,195
Median income
$68,255
Median age
36.3
Renters
69.9%
Age distribution
15.5%
32.2%
28.6%
13%
Under 1815.5%
18–3432.2%
35–5428.6%
55–6410.7%
65+13%
Gender
55.7%
44.3%
Male55.7%
Female44.3%
Race & ethnicity
72.9%
12.7%
White72.9%
Black5.4%
Hispanic12.7%
Asian2%
Other6.9%
Education (25+)
13%
26.1%
51.3%
No HS diploma9.6%
HS diploma13%
Some college26.1%
Bachelor's+51.3%
Housing tenure
30.1%
69.9%
Owner30.1%
Renter69.9%

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

2021 vs 2026

How ZIP 74120 in Tulsa, OK has changed in 5 years

Rent
$1,024 → $1,324
up 29.3%
Income
$60,236 → $68,255
up 13.3%
Population
5,207 → 5,195
down 0.2%
Renter share
64.1% → 69.9%
+5.8 pts
Bachelor's+
47.7% → 51.3%
+3.6 pts
Median age
35.3 → 36.3
+1.0 yrs

Rent in ZIP 74120 in Tulsa, OK has climbed 29.3% since 2021, going from about $1,024 per month to roughly $1,324 today. Local incomes tracked alongside that move, going from a median of $60,236 in 2021 to $68,255 more recently. Rent outpaced income growth by roughly 16.0 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. About 69.9% of households rent today, against 64.1% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 47.7% to 51.3%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 74120 in Tulsa, OK market of 2021.

Community

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Local insights

Tips for renters in ZIP 74120

About renting in ZIP 74120

Last updated: July 20, 2026

ZIP code 74120 covers Tulsa, OK. The median rent here is $1,324/mo as of July 2026. A 1-bedroom rents for a median of $960/mo. A 2-bedroom rents for a median of $1,190/mo.

At 23% of local median household income ($68,255/yr), ZIP 74120 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 74120?

As of July 20, 2026, the median monthly rent in ZIP 74120 (Tulsa, OK) is $1,324. This is based on aggregated data from public sources and community submissions.

How does ZIP 74120 rent compare to the US average?

ZIP 74120's median rent of $1,324/mo is $641 (33%) below the US national median of $1,965/mo.

How does ZIP 74120 compare to other ZIPs in Oklahoma?

ZIP 74120 falls in the middle range for Oklahoma, ranking #50 out of 100 ZIPs at $1,324/mo.

How much income do you need to rent in ZIP 74120?

To keep rent at or below 30% of gross income, you would need to earn at least $53,000/year (~$25/hour full-time) to afford the median rent of $1,324/mo in ZIP 74120. The local median household income is $68,255/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 74120?

Rent in ZIP 74120 has increased 6.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 74120 an affordable place to rent?

ZIP 74120 is considered very affordable for renters. At $1,324/mo, rent takes approximately 23% of the local median household income ($68,255/yr). The standard benchmark is 30%. ZIP 74120 falls comfortably within that range.

What percentage of ZIP 74120 residents rent vs. own?

According to Census data, approximately 69.9% of ZIP 74120 households are renters, while 30.1% are owner-occupied. With a majority renter population, ZIP 74120 has a strong rental market.

How does ZIP 74120 compare to the rest of Tulsa?

ZIP 74120 is pricier than Tulsa as a whole. At $1,324/mo, it's $52 above the Tulsa citywide median of $1,272/mo.

When was rent data for ZIP 74120 last updated?

Rent data for ZIP 74120 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $1,324/mo, rent takes ~23% of ZIP 74120's median household income ($68,255/yr). The standard benchmark is 30%.

ZIP 74120 23%Benchmark 30%
State income tax0.25–4.75%
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Schools nearby

Public schools near ZIP 74120 (Tulsa, OK)

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