Average Rent in Oklahoma, OK

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Current Versus Historical Oklahoma, OK Rents

Oklahoma rentals average $1,350 for a 1-bedroom rental to $2,150 for a 4-bedroom rental. The median price of all currently available listings is $1,798, or roughly $1 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $1,150 (139.39%) year-over-year from $825 to $1,975. 1-bedroom rentals prices have increased by $485 (55.27%) year-over-year from $878 to $1,363. 2-bedroom rentals prices have increased by $117 (8.77%) year-over-year from $1,332 to $1,449. 3-bedroom rentals prices have increased by $172 (12.43%) year-over-year from $1,381 to $1,553. 4-bedroom rentals prices have increased by $277 (15.56%) year-over-year from $1,778 to $2,055. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 12.16% this month. 1-bedroom rents have gone up by 29.58% this month. 2-bedroom rents have gone up by 7.79% this month. 3-bedroom rents have gone up by 4.37% this month. 4-bedroom rents have gone up by 7.26% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.95 $1,363 $878 (55.27%) $817 (66.84%)
2 BR $1.27 $1,449 $1,332 (8.77%) $1,073 (35.10%)
3 BR $0.94 $1,553 $1,381 (12.43%) $1,280 (21.29%)
4+ BR N/A $2,055 $1,778 (15.56%) $1,680 (22.32%)

Historical Rents in Oklahoma, OK

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Oklahoma

There are a total of 2 cities nearby Oklahoma. The average rent in Oklahoma is currently $1,610 per month. Only one city nearby has an average rent lower than that. Our records show that Norman, OK, with an average rent of $1,388, is the most affordable city nearby. In contrast, the most expensive city near Oklahoma, OK is Oklahoma City, OK. Monthly rents here are on average $1,833 per month.

Let's compare Oklahoma, OK's rent against other top cities nearby by bedroom size. One bedrooms are about 13.15% more expensive. Two bedrooms in Oklahoma, OK are about 8.07% more expensive. Finally, rent for three bedrooms are about 9.65% more expensive. Want more information? Check out the top 2 cities near Oklahoma, OK in the following chart.
City Studio 1 Bed 2 Bed All
Norman, OK N/A $950 $970 $1,388
Oklahoma City, OK N/A $1,395 $1,650 $1,833

Top Neighborhoods Near Oklahoma



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Oklahoma

The average rent for rentals in these counties is $1,475. That's roughly around $1 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Cleveland, OK. It's average rent per month is $1,475. Vice versa, with an average rent of $1,475, Cleveland, OK is the most expensive county by Oklahoma, OK.

In comparison, rent for one bedroom listings in Oklahoma, OK is 29.63% more expensive than other counties nearby. Finally, rent for two bedrooms in Oklahoma, OK is 33.33% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Cleveland, OK N/A $950 $950 $1,475

Top Zipcodes Near Oklahoma



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Oklahoma Average Rents

What is the average rent price in Oklahoma, OK?
The average monthly rental price for Oklahoma, OK apartments for rent is approximately $1,798. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Oklahoma, OK rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Oklahoma, OK.
How much is a studio apartment in Oklahoma, OK?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Oklahoma.
How much is a one bedroom apartment in Oklahoma, OK?
The average monthly rental price for one bedroom apartments is $1,350 and an average price per square feet of $1.95. There are a total of 7 one bedroom apartment listings currently available for rent in Oklahoma.
How much is a two bedroom apartment in Oklahoma, OK?
The average monthly rental price for two bedroom apartments is $1,425 and an average price per square feet of $1.27. There are a total of 24 two bedroom apartment listings currently available for rent in Oklahoma.
How have rent prices in Oklahoma, OK changed this year?
Rent prices for rentals in Oklahoma, OK can fluctuate yearly. Specifically, studio rental prices have changed by 1.39%, one bedroom rental prices have changed by 0.55%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by 0.12% year-over-year.
What is a reasonable rent price in Oklahoma, OK?
A reasonable rent price in Oklahoma, OK is around $1,438/month. You can search for these reasonably priced rental listings on RentHop.
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