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City Report · OK

Coweta

Pop. 10,433·16th most expensive in Oklahoma·Rental market data updated monthly for Coweta, OK
Median rent (all units)
$1,443/mo
Year-over-Year
Stable
Month-over-Month
-9.0%
vs US Median
-$519
Falling (Monthly)
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Most AffordableMost Expensive
Coweta · $1,443
More affordable than 79% of US cities · National median $1,962/mo
Affordability
26% of income
AFFORDABLE
0%30% benchmark60%+

At $1,443/mo, rent takes about 26% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$58,000/yr
Local median income
$67,519/yr
Based on the 30%-of-income rule using Coweta's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$840
1 BR
$900
2 BR
$1,120
3 BR
$1,480
4 BR+
$1,710
Fair Market Rent (HUD)
$1,120/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,443 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$17,316/yr
At $1,443/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -9.0% MoM), not inventory.
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Demographics

Who lives here

Coweta, OK is majority owner-occupied, has a large share of families with children, 24.5% of residents hold a bachelor's degree or higher.

Population
10,433
Median income
$67,519
Median age
35
Renters
30.7%
Age distribution
25.4%
24.6%
25%
14.5%
Under 1825.4%
18–3424.6%
35–5425%
55–6410.4%
65+14.5%
Gender
53.7%
46.3%
Male53.7%
Female46.3%
Race & ethnicity
69.6%
21.5%
White69.6%
Black5.3%
Hispanic3.5%
Other21.5%
Education (25+)
30.6%
36.9%
24.5%
No HS diploma8.1%
HS diploma30.6%
Some college36.9%
Bachelor's+24.5%
Housing tenure
69.3%
30.7%
Owner69.3%
Renter30.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Coweta, OK has changed in 5 years

Income
$57,368 → $67,519
up 17.7%
Population
9,696 → 10,433
up 7.6%
Renter share
31.7% → 30.7%
-1.0 pts
Bachelor's+
22.6% → 24.5%
+1.9 pts
Median age
33.9 → 35
+1.1 yrs

Median household income climbed from $57,368 to $67,519 between 2021 and 2024, a 17.7% shift. Census counts show Coweta, OK adding about 737 residents over the five-year window, up 7.6% on net.

Community

Discussions about Coweta

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View Coweta rent history (2015–2026) →
Salary vs rent

Can you afford rent in Coweta on your salary?

At $1,443/mo, how Coweta rent compares to typical pay (30% rule).

By apartment size

Coweta rent by bedroom count

Median rent for each apartment size in Coweta. Click any size for full breakdown.

Local insights

Tips for renters in Coweta

About renting in Coweta, OK

Last updated: August 17, 2026

The median rent in Coweta is $1,443/mo as of August 2026. A studio apartment averages $840/mo while a 2-bedroom runs $1,120/mo. One-bedroom apartments average $900/mo and 3-bedroom units go for $1,480/mo.

At 26% of local median household income ($67,519/yr), Coweta ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Coweta an affordable city for renters?

Coweta is considered affordable for renters. At $1,443/mo, rent takes approximately 26% of the local median household income ($67,519/yr). The standard benchmark is 30%. Coweta falls comfortably within that range.

How much income do you need to rent in Coweta?

To keep rent at or below 30% of gross income, you would need to earn at least $58,000/year (~$28/hour full-time) to afford the median rent of $1,443/mo in Coweta. The local median household income is $67,519/yr, meaning the typical Coweta household meets that threshold.

Is rent going up or down in Coweta?

Rent in Coweta has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Coweta rent compare to other cities in Oklahoma?

Coweta is middle-of-the-pack for Oklahoma for rent, ranking #16 out of 39 tracked cities at $1,443/mo.

Which nearby cities are cheaper to rent in than Coweta?

Several nearby cities have lower median rents than Coweta ($1,443/mo): Tulsa ($1,276/mo), Owasso ($1,383/mo).

What percentage of Coweta residents rent vs. own?

According to Census data, approximately 30.7% of Coweta households are renters, while 69.3% are owner-occupied. Coweta leans toward homeownership, which can mean a smaller rental inventory.

How does Coweta rent compare to the national average?

Coweta's median rent of $1,443/mo is $519 (26%) below the US national median of $1,962/mo. Within Oklahoma, it ranks #16 out of 39 tracked cities.
Income Affordability
26%
AFFORDABLE

At $1,443/mo, rent takes ~26% of Coweta's median household income ($67,519/yr). The standard benchmark is 30%.

Coweta 26%Benchmark 30%
State income tax0.25–4.75%
Run the Coweta affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Coweta, OK

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