Average Rent in 73071, Norman, OK

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Current Versus Historical 73071, Norman, OK Rents

73071 rentals average $759 for a 1-bedroom rental to $1,825 for a 4-bedroom rental. The median price of all currently available listings is $1,095, or roughly $1 per square feet.
For the apartment units and housing in April 2024, median rents have fallenover the last year. Studio rentals prices have decreased by $823 (-39.52%) year-over-year from $2,083 to $1,260. 1-bedroom rentals prices have decreased by $60 (-7.68%) year-over-year from $785 to $725. 2-bedroom rentals prices have increased by $116 (13.50%) year-over-year from $859 to $975. 3-bedroom rentals prices have increased by $33 (2.45%) year-over-year from $1,362 to $1,395. 4-bedroom rentals prices have increased by $135 (7.87%) year-over-year from $1,715 to $1,850. 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 0.40% this month. 1-bedroom rents have gone down by 6.13% this month. 2-bedroom rents have gone up by 2.85% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 5.53% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.29 $725 $785 (-7.68%) $844 (-14.12%)
2 BR $0.92 $975 $859 (13.50%) $816 (19.51%)
3 BR $1.03 $1,395 $1,362 (2.45%) $1,207 (15.62%)
4+ BR $1.02 $1,850 $1,715 (7.87%) $1,419 (30.36%)

Historical Rents in 73071, Norman, OK

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 73071

There are a total of 3 cities nearby 73071. The average rent in 73071 is currently $1,225 per month. Our records show that Norman, OK, with an average rent of $1,200, is the most affordable city nearby. In contrast, the most expensive city near 73071, Norman, OK is Oklahoma City, OK. Monthly rents here are on average $1,407 per month.

Let's compare 73071, Norman, OK's rent against other top cities nearby by bedroom size. One bedrooms are about 7.64% more affordable. Two bedrooms in 73071, Norman, OK are about 11.09% more affordable. Finally, rent for three bedrooms are about 8.30% more affordable. Want more information? Check out the top 3 cities near 73071, Norman, OK in the following chart.
City Studio 1 Bed 2 Bed All
Norman, OK N/A $817 $952 $1,200
Midwest City, OK N/A $749 $972 $1,225
Oklahoma City, OK $775 $885 $1,099 $1,407

Top Neighborhoods Near 73071



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

Top Counties Near 73071

The average rent for rentals in these counties is $1,313. That's roughly around $1 per sqft. The county that is the most affordable is Cleveland, OK. It's average rent per month is $1,313. Vice versa, with an average rent of $1,313, Cleveland, OK is the most expensive county by 73071, Norman, OK.

In comparison, rent for one bedroom listings in 73071, Norman, OK is 6.59% more affordable than other counties nearby. Finally, rent for two bedrooms in 73071, Norman, OK is 8.57% more affordable 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 $809 $950 $1,313

Top Zipcodes Near 73071

There are a total of 2 zipcodes in or near 73071, Norman, OK. The average rent for all of these zipcodes is $1,375.

The following chart includes the top 2 zipcodes in 73071, Norman, OK. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
73099, Yukon, OK N/A $783 $1,244 $1,550
73072, Norman, OK N/A $834 $999 $1,199

Frequently Asked Questions - 73071 Average Rents

What is the average rent price in 73071, Norman, OK?
The average monthly rental price for 73071, Norman, OK apartments for rent is approximately $1,095. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 73071, Norman, 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 73071, Norman, OK.
How much is a studio apartment in 73071, Norman, 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 73071.
How much is a one bedroom apartment in 73071, Norman, OK?
The average monthly rental price for one bedroom apartments is $759 and an average price per square feet of $1.29. There are a total of 9 one bedroom apartment listings currently available for rent in 73071.
How much is a two bedroom apartment in 73071, Norman, OK?
The average monthly rental price for two bedroom apartments is $875 and an average price per square feet of $0.92. There are a total of 28 two bedroom apartment listings currently available for rent in 73071.
How have rent prices in 73071, Norman, OK changed this year?
Rent prices for rentals in 73071, Norman, OK can fluctuate yearly. Specifically, studio rental prices have changed by -0.40%, one bedroom rental prices have changed by -0.08%, two bedroom rental prices have changed by 0.14%, and three bedroom rental prices have changed by 0.02% year-over-year.
What is a reasonable rent price in 73071, Norman, OK?
A reasonable rent price in 73071, Norman, OK is around $876/month. You can search for these reasonably priced rental listings on RentHop.
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