ZIP Code · OK

ZIP 74127

Part of Tulsa, OK
Pop. 16,324·Osage County·66th most expensive ZIP in Oklahoma
Median rent (all units)
$1,219/mo
Year-over-Year
+4.7%
Month-over-Month
+0.6%
vs US Median
-$713
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 74127 · $1,219
More affordable than 90% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$900
1 BR
$960
2 BR
$1,180
3 BR
$1,550
4 BR+
$1,800
Research median
$1,180/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

Past year vs. the rest of Oklahoma

Rent in ZIP 74127 changed +4.7% over the year to September 2026. Across the 87 Oklahoma ZIP codes Zillow tracks, the typical change was +3.6%.

Recent direction

Rent has risen 2 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($46,373) is $1,159 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($960); a 2-bedroom is $1,180.

Rank in Tulsa

9th cheapest of 21 ZIP codes in Tulsa.

Cheaper nearby

ZIP 74110, 5 miles away, rents for 14% less ($1,043/mo), about $2,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 74127. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$14,628/yr
At $1,219/mo median
Location
CityTulsa
StateOK
CountyOsage County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.7% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 74127 (Tulsa, OK) is majority owner-occupied, has a median income below the national average, 23.3% of residents hold a bachelor's degree or higher.

Population
16,324
Median income
$46,373
Median age
39.1
Renters
42.5%
Age distribution
22.7%
22.2%
24.5%
13.4%
17.2%
Under 1822.7%
18–3422.2%
35–5424.5%
55–6413.4%
65+17.2%
Gender
47.7%
52.3%
Male47.7%
Female52.3%
Race & ethnicity
52.1%
26.4%
12.2%
White52.1%
Black26.4%
Hispanic8.7%
Asian0.6%
Other12.2%
Education (25+)
12.7%
32.2%
31.8%
23.3%
No HS diploma12.7%
HS diploma32.2%
Some college31.8%
Bachelor's+23.3%
Housing tenure
57.5%
42.5%
Owner57.5%
Renter42.5%

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

2021 vs 2026

How ZIP 74127 in Tulsa, OK has changed in 5 years

Income
$43,526 → $46,373
up 6.5%
Population
16,057 → 16,324
up 1.7%
Renter share
42.7% → 42.5%
-0.2 pts
Bachelor's+
20.1% → 23.3%
+3.2 pts
Median age
41.2 → 39.1
-2.1 yrs

On the earnings side, the typical household in ZIP 74127 in Tulsa, OK now reports about $46,373, up from $43,526 in 2021. Headcount in the area went from 16,057 to 16,324 between 2021 and 2024, a 1.7% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 20.1% to 23.3%.

Community

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Local insights

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About renting in ZIP 74127

Last updated: October 17, 2026

ZIP code 74127 covers Tulsa, OK. The median rent here is $1,219/mo as of October 2026. A 1-bedroom rents for a median of $960/mo. A 2-bedroom rents for a median of $1,180/mo.

At 32% of local median household income ($46,373/yr), ZIP 74127 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 74127?

To keep rent at or below 30% of gross income, you would need to earn at least $49,000/year (about $24/hour full-time) to afford the median rent of $1,219/mo in ZIP 74127. The local median household income is $46,373/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 74127?

Rent in ZIP 74127 has risen 4.7% over the past year.

How does ZIP 74127 compare to other ZIPs in Oklahoma?

ZIP 74127 is one of the more affordable among Oklahoma ZIP codes for rent, ranking #66 of 99 at $1,219/mo. Over the year to September 2026, rent in ZIP 74127 changed +4.7%, against a typical +3.6% across the 87 Oklahoma ZIP codes Zillow tracks.

How does ZIP 74127 compare to the rest of Tulsa?

At $1,219/mo, ZIP 74127 is $54 below the Tulsa citywide median of $1,273/mo. It is the 9th cheapest of 21 ZIP codes in Tulsa.
Income Affordability
32%
MODERATE

At $1,219/mo, rent takes ~32% of ZIP 74127's median household income ($46,373/yr). The standard benchmark is 30%.

ZIP 74127 32%Benchmark 30%
State income tax0.25–4.75%
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Schools nearby

Public schools near ZIP 74127 (Tulsa, OK)

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