Average Rent in Oklahoma City, OK

Current Versus Historical Oklahoma City, OK Rents

Oklahoma City rentals average $800 for a studio rental to $1,765 for a 4-bedroom rental. The median price of all currently available listings is $1,350, or roughly $13 per square feet.

For the apartment units and housing in March 2023, median rents have risen over the last year. Studio rentals prices have decreased by $1,820 (-69.49%) year-over-year from $2,619 to $799. 1-bedroom rentals prices have increased by $70 (8.48%) year-over-year from $825 to $895. 2-bedroom rentals prices have decreased by $242 (-17.20%) year-over-year from $1,404 to $1,163. 3-bedroom rentals prices have increased by $80 (5.67%) year-over-year from $1,415 to $1,495. 4-bedroom rentals prices have decreased by $8 (-0.44%) year-over-year from $1,713 to $1,705. 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 3.70% this month. 1-bedroom rents have gone up by 1.32% this month. 2-bedroom rents have gone down by 9.69% this month. 3-bedroom rents have gone up by 3.82% this month. 4-bedroom rents have gone up by 1.64% this month.

Beds	Price / Sqft	Mar 2023 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$15	$799	$2,619 (-69.49%)	$3,510 (-77.24%)
1 BR	$15	$895	$825 (8.48%)	$710 (26.06%)
2 BR	$13	$1,163	$1,404 (-17.20%)	$857 (35.70%)
3 BR	$12	$1,495	$1,415 (5.67%)	$1,212 (23.38%)
4+ BR	$12	$1,705	$1,713 (-0.44%)	$1,498 (13.86%)

Historical Rents in Oklahoma City, OK

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Oklahoma City

There are a total of 4 cities nearby Oklahoma City. The average rent in Oklahoma City is currently $1,350 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Norman, OK, with an average rent of $995, is the most affordable city nearby. In contrast, the most expensive city near Oklahoma City, OK is Edmond, OK. Monthly rents here are on average $1,695 per month.

Let's compare Oklahoma City, OK's rent against other top cities nearby by bedroom size. Typically, rent for studios in Oklahoma City, OK is 42.50% more expensive than other cities nearby. One bedrooms are about 13.65% more expensive. Two bedrooms in Oklahoma City, OK are about 2.06% more expensive. Finally, rent for three bedrooms are about 0.17% more affordable. Want more information? Check out the top 4 cities near Oklahoma City, OK in the following chart.

City	Studio	1 Bed	2 Bed	All
Norman, OK	$20	$739	$900	$995
Midwest City, OK	$5,009	$729	$972	$1,200
Moore, OK	N/A	$690	$1,075	$1,500
Edmond, OK	$900	$810	$1,250	$1,695

Top Neighborhoods Near Oklahoma City

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Oklahoma City

Some of these counties include Oklahoma, Oklahoma City, OK, Cleveland, OK, and Canadian, OK. The average rent for rentals in these counties is $1,299. That's roughly around $13 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Oklahoma, Oklahoma City, OK. It's average rent per month is $1,295. Vice versa, with an average rent of $1,495, Canadian, OK is the most expensive county by Oklahoma City, OK.

Typically, rent for studios in Oklahoma City, OK is 12.50% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Oklahoma City, OK is 2.94% more expensive than other counties nearby. Finally, rent for two bedrooms in Oklahoma City, OK is on par with the other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Oklahoma, Oklahoma City, OK	$900	$835	$1,045	$1,295
Cleveland, OK	$20	$735	$900	$1,299
Canadian, OK	$1,000	$825	$1,085	$1,495

Top Zipcodes Near Oklahoma City

There are a total of 6 zipcodes in or near Oklahoma City, OK. The average rent for all of these zipcodes is $1,064. A total of 5 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 73069, Norman, OK at $895 per month. In comparison, the zipcode with the most expensive average rent of $1,495 per month is 73099, Yukon, OK.

Studios in these zipcodes have an average rent of $20. That's at least $8 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Oklahoma City, OK is $737 per month. Or in other words, $15 per sqft. Meanwhile, two bedroom apartments will cost you an average of $950 per month. Which comes out to $12 per sqft. The following chart includes the top 6 zipcodes in Oklahoma City, OK. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
73099, Yukon, OK	$20	$825	$1,244	$1,495
73071, Norman, OK	$20	$725	$895	$1,057
73110, Midwest City, OK	N/A	$709	$975	$1,100
73072, Norman, OK	$20	$749	$920	$937
73106, Oklahoma City, OK	$995	$895	$1,095	$1,071
73069, Norman, OK	$44	$600	$925	$895

Frequently Asked Questions - Oklahoma City Average Rents

What is the average rent price in Oklahoma City, OK?

The average monthly rental price for Oklahoma City, OK apartments for rent is approximately $1,350. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Oklahoma City, 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 City, OK.

How much is a studio apartment in Oklahoma City, OK?

The average monthly rental price for studio apartments is $800 and an average price per square feet of $15.29. There are a total of 46 studio apartment listings currently available for rent in Oklahoma City.

How much is a one bedroom apartment in Oklahoma City, OK?

The average monthly rental price for one bedroom apartments is $850 and an average price per square feet of $15.26. There are a total of 124 one bedroom apartment listings currently available for rent in Oklahoma City.

How much is a two bedroom apartment in Oklahoma City, OK?

The average monthly rental price for two bedroom apartments is $1,045 and an average price per square feet of $12.82. There are a total of 180 two bedroom apartment listings currently available for rent in Oklahoma City.

How have rent prices in Oklahoma City, OK changed this year?

Rent prices for rentals in Oklahoma City, OK can fluctuate yearly. Specifically, studio rental prices have changed by -0.69%, one bedroom rental prices have changed by 0.08%, two bedroom rental prices have changed by -0.17%, and three bedroom rental prices have changed by 0.06% year-over-year.

What is a reasonable rent price in Oklahoma City, OK?

A reasonable rent price in Oklahoma City, OK is around $1,080/month. You can search for these reasonably priced rental listings on RentHop.