ZIP reports / OK / 73162
ZIP rental intelligence · 2026-06

ZIP 73162, Oklahoma City, OK

Asking rent, household capacity, housing stock and local context—kept at their original geographic and measurement scopes.

Direct local rent answer

What does rent cost in ZIP 73162?

The latest Zillow ZORI for ZIP 73162 is $1,666 per month in 2026-06. It is a typical observed asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.

Zillow asking-rent index$1,6662026-06 · up 2.4% year over year
ACS median gross rent$1,148ACS 2024 5-year survey · ±$70 margin of error
HUD two-bedroom standard$1,300Administrative FMR/SAFMR · not asking rent
Bedroom-level rent benchmarks in ZIP 73162
BedroomsModelled asking-rent lensHUD standardHow to use it
Studio$1,256ZORI scaled by the local HUD bedroom ladder$980HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
1 bedroom$1,358ZORI scaled by the local HUD bedroom ladder$1,060HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
2 bedrooms$1,666ZORI scaled by the local HUD bedroom ladder$1,300HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
3 bedrooms$2,243ZORI scaled by the local HUD bedroom ladder$1,750HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
4 bedrooms$2,486ZORI scaled by the local HUD bedroom ladder$1,940HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.

Bedroom estimates are modelled, not observed rents. Zillow, Census ACS and HUD describe different housing universes and remain separate throughout this report.Zillow pulled 2026-08-08

Median household income$88,031ACS 2024 5-year · ±$6,801 MOE
Renter share28.0%3,346 renter households
Rent burden 30%+52.1%1,743 observed households
Housing vacancy4.8%608 of 12,559 units
Six views · one local decision

Read the measures together, without merging them

ZORI tracks observed asking rent, ACS describes occupied renter homes, and HUD publishes an administrative benchmark. The charts preserve those differences and add wider context only where the geography is named.

Three definitions of rent

Useful as a spread, not interchangeable observations.

Three rent measures for ZIP 73162Zillow asking-rent index$1,666ACS median gross rent$1,148HUD two-bedroom standard$1,300

Affordability screen

Annual income implied by 30% of the current ZIP ZORI.

Income screen for ZIP 73162ACS median household income$88,031Income at 30% of ZIP ZORI$66,640

Bedroom ladder

Modelled from ZIP ZORI using the local HUD ladder.

Modelled bedroom rent ladder for ZIP 73162Studio$1,256One bedroom$1,358Two bedrooms$1,666Three bedrooms$2,243Four bedrooms$2,486

Observed renter burden

ACS ZCTA households with computable gross-rent burden.

Observed renter cost burden in ZCTA 7316230% or more of income1,743 householdsBelow 30%1,603 households

ZIP versus wider rent context

Each bar retains its own ZIP, city, county or metro scope.

Asking-rent context for ZIP 73162ZIP 73162$1,666Oklahoma City city$1,298Oklahoma County county$1,359Oklahoma City, OK metro$1,393

Monthly asking-rent history

Direct Zillow ZORI observations over the latest five years. Missing months remain visible gaps.

Five-year direct Zillow asking-rent history for ZIP 73162; missing months remain gaps$1,750$1,585$1,420$1,2552021-062023-122026-06
Five-year change
27.3%exact same-month endpoints
Largest observed drawdown
2.2%peak to a later observed month
Annualized monthly variability
3.1%89 consecutive returns
Monthly coverage
100.0%90 of 90 months
Decision brief

What the evidence says for ZIP 73162

In 73162, Zillow’s June 2026 ZORI is $1,666 per month, a typical observed asking-rent index blended across rental types. The current index is 45.1% above the $1,148 ACS median gross rent, which creates the central measurement tension here. The five-digit label is both a Zillow ZIP market identifier and a matched Census ZCTA; a ZCTA is a statistical area and is not identical to a USPS delivery ZIP. The ACS 2024 five-year figure surveys occupied renter homes and includes selected utilities, whereas ZORI represents asking-rent conditions. These separate evidence universes can frame a gap, but cannot serve as interchangeable rent quotes.

At the June history endpoint, exact same-month ZORI changes annualize to 2.4% over one year, 3.6% over three years, and 4.9% over five years. The latest positive direction therefore follows the longer path but does not confirm its prior pace: growth has decelerated. Coverage is 100% across 90 monthly observations and 89 consecutive monthly returns. Annualized monthly-return variability was 3.1%, and the maximum drawdown was 2.2%. Those limited recorded swings support more confidence in one current index snapshot than a highly erratic series would, while still leaving index construction and individual listing terms unverified. The transparent national discovery ranks are 1,007 for momentum, 1,821 for stability, and 1,347 for the balanced measure; lower ranks place higher. These backward-looking measurements are neither forecasts nor investment recommendations.

Bedroom sizing should not be read as a set of observed ZIP rents. HUD’s FY2026 FMR/SAFMR is an administrative, bedroom-specific standard, not asking rent. Scaling the ZIP ZORI by that local HUD ladder produces modelled estimates of $1,256 for a studio, $1,358 for one bedroom, $1,666 for two bedrooms, $2,243 for three bedrooms, and $2,486 for four bedrooms. They are modelled estimates, never measured bedroom rents; their purpose is a consistent size-based translation of the ZIP-wide index, not a substitute for advertised terms or lease transactions.

The 30% required-income screen is simple arithmetic on the current ZORI: $66,640 in annual household income corresponds to that threshold, compared with ZCTA median household income of $88,031; the asking-rent-to-income screen is 22.7%. It is not advice and not an applicant qualification rule. In the ACS survey, 1,743 of 3,346 occupied renter households, or 52.1%, reported spending at least that threshold of income on gross rent. That burden estimate describes surveyed occupied renters, whose gross-rent measure includes selected utilities; it does not establish a particular unit’s affordability, availability, utilities, or tenant outcome.

The ACS ZCTA stock is weighted toward 10,123 single-family units, with 950 units in large multifamily structures. Its estimated vacancy rate is 4.8%, including 248 units vacant for rent and 137 vacant for sale. These are categories within the ACS five-year housing survey rather than a real-time listing count, and the stock data do not show condition, bedroom mix, concessions, or whether any vacant home is currently obtainable. The distribution supplies context for the renter survey and current asking index, but neither vacancy nor the burden statistic proves circumstances for a specific property.

Broader geography points to a high ZIP asking-rent reading without erasing the source differences above. For wider context only, the Oklahoma City city rent is $1,298, the Oklahoma County county rent is $1,359, and the Oklahoma City, OK metro rent is $1,393. Each is a city, county, or metro context value, respectively—not a substitute for this ZIP’s Zillow index, ACS ZCTA survey, HUD standard, or direct resale evidence. The comparison confirms that the ZIP’s current asking-rent index sits above all three wider rent contexts, but it does not explain why, establish rent for a given property, or turn those broader areas into rental comparables.

Resale evidence supplies a different tension. Redfin’s direct rolling three-month ZIP for-sale observation reports a $264,440 median sold price, down 2.1% year over year, alongside 107 homes sold and a median 27 days on market. Inventory was 80 homes, 13.7% higher than a year earlier, with 2.3 months of supply. The average sale-to-list ratio was 98.9%, and 14.4% of sales closed above list. This is for-sale liquidity and pricing evidence, not rental transactions or rental comparables. Falling resale price and expanding inventory challenge the otherwise positive longer ZORI history, while the sales count, marketing time, supply, and sale-to-list signals show ongoing resale activity rather than a rent-market result. Annualized ZORI divided by median sold price is 7.56%, only a cross-source screening ratio that omits property condition, operating costs, financing, and lease terms.

Important limits remain: ZORI is a blended asking index, ACS is a sampled five-year survey with published margins of error, HUD is administrative, and Redfin is a rolling resale observation. None reports a subject property’s executed lease rent, renewal versus new-lease status, utility responsibility, physical condition, or transaction-specific costs. The missing property-level checks are the actual advertised rent and concessions, included utilities, verified bedroom count against the modelled ladder, current availability, lease duration, and the condition and dates of relevant sale comparisons. Does the specific property’s all-in advertised arrangement align with the current asking index, the survey-based burden context, and the separate resale screen?

Decision signals

What deserves a closer property-level check

A wide asking-versus-survey gap

At $1,666, the ZIP asking index is 45.1% above the $1,148 ACS median gross rent. This is a source-scope difference as much as a price comparison: ZORI is a blended asking-rent index, while ACS is a five-year survey of occupied renter households that includes selected utilities. The spread should not be read as a measured gap for any particular unit.

Growth remains positive but slower

Same-month ZORI growth was positive over the one-, three-, and five-year windows, but the 2.4% recent pace trailed the 3.6% and 4.9% longer rates. Full coverage and a 2.2% maximum drawdown give context for the current reading, yet this history measures prior index behavior only. It neither forecasts future rent nor establishes property-level results.

Income screening and renter burden differ

The income screen requires $66,640 at the 30% arithmetic threshold, below the ZCTA median household income, while 52.1% of surveyed renter households were rent burdened. The apparent contrast arises because the income screen uses the current asking index and median income, whereas burden summarizes occupied renter households in ACS. It is not evidence about affordability or qualification for a named unit.

Resale softening contrasts with the rent path

Redfin shows a resale market with a declining median sale price and increased inventory, even as ZIP ZORI history remained positive. That tension matters because the 7.56% annualized-rent-to-price figure is only a cross-source screening ratio. Redfin reports rolling ZIP for-sale transactions and liquidity, not rents, lease transactions, operating outcomes, or property-specific economics.

  • The Zillow, ACS, and HUD figures describe different rent universes, so treating their differences as a direct same-unit price comparison can materially overstate precision.
  • ACS is a five-year ZCTA survey with sampling margins of error, and the ZCTA is a statistical area rather than an identical USPS delivery ZIP footprint.
  • The bedroom figures are modelled estimates created by scaling ZIP ZORI with HUD standards; they are not observed studio, one-bedroom, or larger-unit asking-rent measurements.
  • Redfin’s resale observations describe direct ZIP for-sale activity, while the annualized rent-to-price screen omits property condition, costs, lease terms, and transaction-specific economics.
Direct ZIP resale evidence

For-sale liquidity inside ZIP 73162

Redfin reports these as a rolling three-month ZIP observation through 2026-06-30. They describe the for-sale market, not rental vacancy or the rent of a particular property.

Median sale price$264,440-2.1% year over year
Homes sold107rolling three-month observation
Median days on market27 daysfor-sale listing absorption
Months of supply2.3resale inventory relative to sales pace

Activity and available supply

Direct ZIP counts remain separate because each describes a different stage of the resale funnel.

Direct resale activity for ZIP 73162Active listings206Inventory80Pending sales127Homes sold107

Counter-signals before underwriting

A price alone does not reveal how quickly buyers are absorbing available homes.

Inventory direction

80 observed inventory · +13.7% year over year.

Price realization

98.9% average sale-to-list ratio · 14.4% sold above original list.

Early absorption

49.4% went off market within two weeks; compare this with 27 median days on market.

Measurement boundary

Small ZIP samples can move sharply. This rolling period smooths monthly noise but does not replace current address-level sale and rent comparables.

Redfin Data Center · updated 2026-07-03 · exact five-digit ZIP key. Implausible source values are withheld as n/a rather than repaired or inherited from a broader geography.

Wider market evidence

Listing and rental liquidity around the ZIP

These measures are not ZIP observations. They are labelled county or metro context so they can challenge the local story without being copied into it.

Oklahoma County listing conditions

3,055 active Realtor.com listings · 51 median days on market · 23.8% price-reduced share · 2026-06.

Oklahoma City, OK resale supply

3.0 months of supply · 33 median days on market · 30.0% listings with price drops · Redfin 2026-05-01.

Apartment List metro liquidity

6.0% reported apartment vacancy · n/a. These are direct metro observations and do not describe a particular ZIP unit.

Property-level next step

Compare live same-bedroom listings, concessions, utilities, condition and days listed inside ZIP 73162. The report frames the market; it does not replace a rent roll, lease review or address-level comparable set.

Questions this report can answer

Scope-aware answers

Why is the Zillow asking-rent figure higher than the ACS median gross rent?

The measures refer to different evidence universes. Zillow ZORI tracks a blended typical asking-rent index in the ZIP, while ACS reports a five-year survey median for occupied renter homes and includes selected utilities. The $518 difference is descriptive, not a direct matched-unit or same-lease comparison.

Are the bedroom estimates observed asking rents for available units?

No. The studio-through-four-bedroom figures are modelled estimates created by scaling the ZIP-wide ZORI using the local HUD bedroom ladder. HUD FMR/SAFMR is an administrative standard rather than asking rent, so the estimates do not measure actual listings, executed leases, concessions, or unit-specific utility terms.

What does the Redfin rent-to-price screen measure?

It divides annualized ZIP ZORI by the direct ZIP median sold price and produces a cross-source screening ratio. It combines an asking-rent index with a rolling for-sale resale statistic. It does not include condition, operating costs, financing, taxes, insurance, repairs, lease terms, or property-specific transaction information.

Does the 30% income screen determine whether a household can qualify for a rental?

No. The calculation simply identifies annual income equal to three times annualized current ZORI under a 30% rent share assumption. It is not advice, a qualification rule, or an affordability determination. Actual eligibility and all-in cost depend on property-specific advertised terms, utilities, concessions, household income, and screening policies.