Average Rent in Oklahoma, OK

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Current Versus Historical Oklahoma, OK Rents

Oklahoma rentals average $785 for a studio rental to $1,925 for a 4-bedroom rental. The median price of all currently available listings is $1,395, or roughly $1 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $718 (94.81%) year-over-year from $757 to $1,475. 1-bedroom rentals prices have increased by $20 (2.23%) year-over-year from $876 to $895. 2-bedroom rentals prices have decreased by $171 (-12.79%) year-over-year from $1,333 to $1,163. 3-bedroom rentals prices have increased by $104 (7.43%) year-over-year from $1,396 to $1,500. 4-bedroom rentals prices have increased by $298 (17.58%) year-over-year from $1,697 to $1,995. 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 7.72% this month. 1-bedroom rents have gone up by 2.48% this month. 2-bedroom rents have gone down by 8.60% this month. 3-bedroom rents have gone up by 1.21% this month. 4-bedroom rents have gone up by 4.36% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.55 $1,475 $757 (94.81%) $1,500 (-1.67%)
1 BR $1.25 $895 $876 (2.23%) $809 (10.61%)
2 BR $1.08 $1,163 $1,333 (-12.79%) $983 (18.32%)
3 BR $1.08 $1,500 $1,396 (7.43%) $1,247 (20.28%)
4+ BR $1.05 $1,995 $1,697 (17.58%) $1,595 (25.08%)

Historical Rents in Oklahoma, OK

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Oklahoma

There are a total of 4 cities nearby Oklahoma. The average rent in Oklahoma is currently $1,316 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 $1,200, is the most affordable city nearby. In contrast, the most expensive city near Oklahoma, OK is Edmond, OK. Monthly rents here are on average $1,650 per month.

Let's compare Oklahoma, OK's rent against other top cities nearby by bedroom size. One bedrooms are about 1.94% more expensive. Two bedrooms in Oklahoma, OK are about 1.66% more expensive. Finally, rent for three bedrooms are about 1.57% more affordable. Want more information? Check out the top 4 cities near Oklahoma, 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
Edmond, OK N/A $850 $1,150 $1,650

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 $1,406. 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 $1,313. Vice versa, with an average rent of $1,500, Canadian, OK is the most expensive county by Oklahoma, OK.

In comparison, rent for one bedroom listings in Oklahoma, OK is 6.38% more expensive than other counties nearby. Finally, rent for two bedrooms in Oklahoma, OK is 2.80% 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 $1,313
Canadian, OK N/A $783 $1,097 $1,500

Top Zipcodes Near Oklahoma

There are a total of 3 zipcodes in or near Oklahoma, OK. The average rent for all of these zipcodes is $1,199. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 73071, Norman, OK at $1,095 per month. In comparison, the zipcode with the most expensive average rent of $1,550 per month is 73099, Yukon, OK.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Oklahoma, OK is $783 per month. Or in other words, $1 per sqft. Meanwhile, two bedroom apartments will cost you an average of $999 per month. Which comes out to $1 per sqft. The following chart includes the top 3 zipcodes in Oklahoma, 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 $1,095
73072, Norman, OK N/A $834 $999 $1,199

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 $1,395. 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 $785 and an average price per square feet of $1.55. There are a total of 18 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 $850 and an average price per square feet of $1.25. There are a total of 115 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 $1,053 and an average price per square feet of $1.08. There are a total of 174 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 0.95%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by -0.13%, and three bedroom rental prices have changed by 0.07% year-over-year.
What is a reasonable rent price in Oklahoma, OK?
A reasonable rent price in Oklahoma, OK is around $1,116/month. You can search for these reasonably priced rental listings on RentHop.
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