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City Report · OK

Noble

Pop. 7,493·14th most expensive in Oklahoma·Rental market data updated monthly for Noble, OK
Median rent (all units)
$1,470/mo
Year-over-Year
Stable
Month-over-Month
+7.5%
vs US Median
-$492
Rising (Monthly)
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Most AffordableMost Expensive
Noble · $1,470
More affordable than 78% of US cities · National median $1,962/mo
Affordability
22% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,470/mo, rent takes about 22% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$59,000/yr
Local median income
$81,739/yr
Based on the 30%-of-income rule using Noble's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$930
1 BR
$1,010
2 BR
$1,240
3 BR
$1,660
4 BR+
$1,810
Fair Market Rent (HUD)
$1,240/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,470 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
$17,640/yr
At $1,470/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +7.5% MoM), not inventory.
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Demographics

Who lives here

Noble, OK is majority owner-occupied, 28% of residents hold a bachelor's degree or higher.

Population
7,493
Median income
$81,739
Median age
38.7
Renters
28.9%
Age distribution
21%
19.6%
30.9%
17.3%
Under 1821%
18–3419.6%
35–5430.9%
55–6411.3%
65+17.3%
Gender
49%
51%
Male49%
Female51%
Race & ethnicity
79.9%
12.6%
White79.9%
Black1.9%
Hispanic5%
Asian0.8%
Other12.6%
Education (25+)
12.4%
27.6%
32%
28%
No HS diploma12.4%
HS diploma27.6%
Some college32%
Bachelor's+28%
Housing tenure
71.1%
28.9%
Owner71.1%
Renter28.9%

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

2021 vs 2026

How Noble, OK has changed in 5 years

Income
$85,058 → $81,739
down 3.9%
Population
7,078 → 7,493
up 5.9%
Renter share
25.3% → 28.9%
+3.6 pts
Bachelor's+
27.1% → 28%
+0.9 pts
Median age
39.2 → 38.7
-0.5 yrs

Census figures show median household income at $81,739 today, compared with $85,058 five years earlier. The population has grown by 5.9% since 2021, moving from about 7,078 residents to roughly 7,493. Renters now make up 28.9% of households, compared with 25.3% five years ago.

Community

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

Can you afford rent in Noble on your salary?

At $1,470/mo, how Noble rent compares to typical pay (30% rule).

By apartment size

Noble rent by bedroom count

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

Local insights

Tips for renters in Noble

About renting in Noble, OK

Last updated: August 17, 2026

The median rent in Noble is $1,470/mo as of August 2026. A studio apartment averages $930/mo while a 2-bedroom runs $1,240/mo. One-bedroom apartments average $1,010/mo and 3-bedroom units go for $1,660/mo.

At 22% of local median household income ($81,739/yr), Noble ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Noble an affordable city for renters?

Noble is considered very affordable for renters. At $1,470/mo, rent takes approximately 22% of the local median household income ($81,739/yr). The standard benchmark is 30%. Noble falls comfortably within that range.

How much income do you need to rent in Noble?

To keep rent at or below 30% of gross income, you would need to earn at least $59,000/year (~$28/hour full-time) to afford the median rent of $1,470/mo in Noble. The local median household income is $81,739/yr, meaning the typical Noble household meets that threshold.

Is rent going up or down in Noble?

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

How does Noble rent compare to other cities in Oklahoma?

Noble is middle-of-the-pack for Oklahoma for rent, ranking #14 out of 39 tracked cities at $1,470/mo.

Which nearby cities are cheaper to rent in than Noble?

Several nearby cities have lower median rents than Noble ($1,470/mo): Del City ($1,200/mo), Midwest City ($1,208/mo), Norman ($1,388/mo).

What percentage of Noble residents rent vs. own?

According to Census data, approximately 28.9% of Noble households are renters, while 71.1% are owner-occupied. Noble leans toward homeownership, which can mean a smaller rental inventory.

How does Noble rent compare to the national average?

Noble's median rent of $1,470/mo is $492 (25%) below the US national median of $1,962/mo. Within Oklahoma, it ranks #14 out of 39 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $1,470/mo, rent takes ~22% of Noble's median household income ($81,739/yr). The standard benchmark is 30%.

Noble 22%Benchmark 30%
State income tax0.25–4.75%
Run the Noble affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Noble, OK

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