City Report · OK

Noble

Pop. 7,493·16th most expensive in Oklahoma·One of the most affordable rental markets in the US
Median rent (all units)
$1,393/mo
Year-over-Year
Stable
Month-over-Month
+0.1%
vs US Median
-$539
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Noble · $1,393
More affordable than 83% of US cities · National median $1,932/mo
Affordability
20% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,393/mo, rent takes about 20% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$56,000/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 $1,393 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: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($81,739) is $2,043 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,810).

From Zillow's monthly rent index (ZORI) for Noble. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$16,716/yr
At $1,393/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, +0.1% 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 $1,393/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: October 17, 2026

The median rent in Noble is $1,393/mo as of October 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 20% 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

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 $56,000/year (about $27/hour full-time) to afford the median rent of $1,393/mo in Noble. The local median household income is $81,739/yr, so the typical household meets that bar.

Is rent going up or down in Noble?

Rent in Noble has been roughly flat over the past year, a 0.0% change.

How does Noble rent compare to other cities in Oklahoma?

Noble is in the middle among Oklahoma cities for rent, ranking #16 of 38 tracked cities at $1,393/mo.

Which nearby cities are cheaper to rent in than Noble?

Nearby cities with lower median rent than Noble ($1,393/mo) include Del City ($1,206/mo), and Midwest City ($1,245/mo).
Income Affordability
20%
VERY AFFORDABLE

At $1,393/mo, rent takes ~20% of Noble's median household income ($81,739/yr). The standard benchmark is 30%.

Noble 20%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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