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During the first quarter of 2019, the average apartment vacancy rate was 5.2 percent, down from 6.4 percent a year earlier, and the average apartment rent was $706, representing an increase of 2 percent from a year earlier. During the forecast period, demand is estimated for 2,250 new rental units.
The Tulsa Housing Market Area (HMA), coterminous with the Tulsa OK Metro-politan Statistical Area, comprises seven counties in northeastern Oklahoma and includes the principal city of Tulsa.
Rental housing market conditions are currently balanced in the HMA com - pared with soft conditions in 2010. As of April 1, 2015, the rental vacancy rate was an estimated 8.0 percent, down from 11.0 percent in April 2010. During the forecast period, demand is estimated for 4,875 new market-rate rental units (Table 1).
The City of Tulsa faces a critical housing shortage, with a projected need for over 12,900 housing units in the coming decade to accommodate population growth. The Tulsa Housing Assessment highlighted key trends, including a significant demand for affordable housing, particularly for low- and moderate-income households.
1 mar 2023 · Housing Solutions of Tulsa engaged Development Strategies and Homebase to provide a citywide housing assessment to: • Understand current housing demand across all affordability levels and types;
Tulsa Planning Office staff have developed a series of educational presentations for the Tulsa City Council around the topic of Tulsa’s changing housing trends and preferences, demographics, regulations and their effects on housing production, and housing types.
The Tulsa Point-in-Time Count is an annual count of individuals and families experiencing homelessness completed as a mandate from the U.S. Department of Housing and Urban Development (HUD).
