Average Rent in 73072, Norman, OK

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Current Versus Historical 73072, Norman, OK Rents

73072 rentals average $834 for a 1-bedroom rental to $2,375 for a 4-bedroom rental. The median price of all currently available listings is $1,180, or roughly $1 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $482 (2,638.10%) year-over-year from $18 to $500. 1-bedroom rentals prices have decreased by $256 (-23.57%) year-over-year from $1,085 to $829. 2-bedroom rentals prices have decreased by $28 (-2.77%) year-over-year from $1,017 to $989. 3-bedroom rentals prices have increased by $100 (6.42%) year-over-year from $1,551 to $1,650. 4-bedroom rentals prices have decreased by $597 (-26.04%) year-over-year from $2,292 to $1,695. 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 down by 23.08% this month. 1-bedroom rents have gone up by 1.39% this month. 2-bedroom rents have gone up by 3.45% this month. 3-bedroom rents have gone up by 9.83% this month. 4-bedroom rents have gone up by 1.40% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.35 $829 $1,085 (-23.57%) $941 (-11.87%)
2 BR $1.15 $989 $1,017 (-2.77%) $911 (8.52%)
3 BR $1.04 $1,650 $1,551 (6.42%) $1,373 (20.15%)
4+ BR $1.72 $1,695 $2,292 (-26.04%) $1,548 (9.47%)

Historical Rents in 73072, Norman, OK

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 73072

There are a total of 3 cities nearby 73072. The average rent in 73072 is currently $1,198 per month. Our records show that Midwest City, OK, with an average rent of $1,198, is the most affordable city nearby. In contrast, the most expensive city near 73072, Norman, OK is Oklahoma City, OK. Monthly rents here are on average $1,400 per month.

Let's compare 73072, Norman, OK's rent against other top cities nearby by bedroom size. One bedrooms are about 2.04% more expensive. Two bedrooms in 73072, Norman, OK are about 2.70% more expensive. Finally, rent for three bedrooms are about 10.42% more expensive. Want more information? Check out the top 3 cities near 73072, Norman, OK in the following chart.
City Studio 1 Bed 2 Bed All
Norman, OK N/A $817 $952 $1,198
Midwest City, OK N/A $749 $972 $1,198
Oklahoma City, OK $775 $889 $1,099 $1,400

Top Neighborhoods Near 73072



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

Top Counties Near 73072

The average rent for rentals in these counties is $1,300. That's roughly around $1 per sqft. The county that is the most affordable is Cleveland, OK. It's average rent per month is $1,300. Vice versa, with an average rent of $1,300, Cleveland, OK is the most expensive county by 73072, Norman, OK.

In comparison, rent for one bedroom listings in 73072, Norman, OK is 3.00% more expensive than other counties nearby. Finally, rent for two bedrooms in 73072, Norman, OK is 4.90% 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 $809 $950 $1,300

Top Zipcodes Near 73072

There are a total of 2 zipcodes in or near 73072, Norman, OK. The average rent for all of these zipcodes is $1,313.

The following chart includes the top 2 zipcodes in 73072, 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
73071, Norman, OK N/A $759 $875 $1,076

Frequently Asked Questions - 73072 Average Rents

What is the average rent price in 73072, Norman, OK?
The average monthly rental price for 73072, Norman, OK apartments for rent is approximately $1,180. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 73072, 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 73072, Norman, OK.
How much is a studio apartment in 73072, 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 73072.
How much is a one bedroom apartment in 73072, Norman, OK?
The average monthly rental price for one bedroom apartments is $834 and an average price per square feet of $1.35. There are a total of 14 one bedroom apartment listings currently available for rent in 73072.
How much is a two bedroom apartment in 73072, Norman, OK?
The average monthly rental price for two bedroom apartments is $999 and an average price per square feet of $1.15. There are a total of 21 two bedroom apartment listings currently available for rent in 73072.
How have rent prices in 73072, Norman, OK changed this year?
Rent prices for rentals in 73072, Norman, OK can fluctuate yearly. Specifically, studio rental prices have changed by 26.38%, one bedroom rental prices have changed by -0.24%, two bedroom rental prices have changed by -0.03%, and three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in 73072, Norman, OK?
A reasonable rent price in 73072, Norman, OK is around $944/month. You can search for these reasonably priced rental listings on RentHop.
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