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City Report · OK

Oklahoma City

Pop. 697,125·22nd most expensive in Oklahoma·One of the most affordable rental markets in the US
Median rent (all units)
$1,285/mo
Year-over-Year
+3.0%
Month-over-Month
+0.3%
vs US Median
-$647
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Oklahoma City · $1,285
More affordable than 89% of US cities · National median $1,932/mo
Rent Reality Score
55/100
Fairly priced
OverheatedFairGreat value

Rents are 3% below what Oklahoma City's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,285/mo
Expected by trend
$1,320/mo
The Rent Reality Score compares today's median rent to where Oklahoma City's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$937
1 BR
$1,015
2 BR
$1,247
3 BR
$1,666
4 BR+
$1,817
Fair Market Rent (HUD)
$1,247/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,285 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

Cheapest month to sign

February. Asking rents in Oklahoma City usually run 0.7% below trend in February and 0.8% above it in August, about $19 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in Oklahoma City is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Oklahoma

Rent in Oklahoma City changed +3.0% over the year to September 2026. Across the 31 Oklahoma cities Zillow tracks, the typical change was +2.8%.

Since before the pandemic

Rent in Oklahoma City is 37.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 17 months in a row, and rose in 12 of the last 12 months.

What a typical income covers

30% of the median household income ($68,656) is $1,716 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,666); a 4-bedroom is $1,817.

Spread across ZIP codes

The priciest of 27 ZIP codes in Oklahoma City, 73116 ($1,761/mo), costs 1.8 times the cheapest, 73139 ($967/mo).

From Zillow's monthly rent index (ZORI) for Oklahoma City. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$15,420/yr
At $1,285/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.0% YoY, +0.3% MoM), not inventory.
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Demographics

Who lives here

Oklahoma City, OK is majority owner-occupied, 34.7% of residents hold a bachelor's degree or higher.

Population
697,125
Median income
$68,656
Median age
35.1
Renters
41.4%
Age distribution
24.9%
25%
25.8%
13.5%
Under 1824.9%
18–3425%
35–5425.8%
55–6410.9%
65+13.5%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
55.5%
13.4%
22.1%
White55.5%
Black13.4%
Hispanic22.1%
Asian4.6%
Other4.5%
Education (25+)
24.3%
29%
34.7%
No HS diploma12%
HS diploma24.3%
Some college29%
Bachelor's+34.7%
Housing tenure
58.6%
41.4%
Owner58.6%
Renter41.4%

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

2021 vs 2026

How Oklahoma City, OK has changed in 5 years

Rent
$999 → $1,285
up 28.6%
Income
$59,679 → $68,656
up 15.0%
Population
673,183 → 697,125
up 3.6%
Renter share
40% → 41.4%
+1.4 pts
Bachelor's+
32.3% → 34.7%
+2.4 pts

The median rent in Oklahoma City, OK stood at $999 in 2021 and currently runs about $1,285, reflecting a 28.6% increase over the period. Median household income rose from $59,679 to $68,656 between 2021 and 2024, a 15.0% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 3.6% since 2021, moving from about 673,183 residents to roughly 697,125. College-educated residents now make up 34.7% of adults here, versus 32.3% in 2021. Taken together, the five-year picture in Oklahoma City, OK reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

Discussions about Oklahoma City

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View Oklahoma City rent history (2015–2026) →
Salary vs rent

Can you afford rent in Oklahoma City on your salary?

At $1,285/mo, how Oklahoma City rent compares to typical pay (30% rule).

By apartment size

Oklahoma City rent by bedroom count

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

Local insights

Tips for renters in Oklahoma City

About renting in Oklahoma City, OK

Last updated: October 17, 2026

The median rent in Oklahoma City is $1,285/mo as of October 2026. A studio apartment averages $937/mo while a 2-bedroom runs $1,247/mo. One-bedroom apartments average $1,015/mo and 3-bedroom units go for $1,666/mo.

At 22% of local median household income ($68,656/yr), Oklahoma City ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Oklahoma City?

To keep rent at or below 30% of gross income, you would need to earn at least $51,000/year (about $25/hour full-time) to afford the median rent of $1,285/mo in Oklahoma City. The local median household income is $68,656/yr, so the typical household meets that bar.

Is rent going up or down in Oklahoma City?

Rent in Oklahoma City has risen 3.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in Oklahoma City?

Asking rents in Oklahoma City are usually lowest in February, about 0.7% below their yearly trend, and highest in August, about 0.8% above it. At today's median that is a gap of roughly $19 a month. This pattern comes from 11 years of Zillow rent data.

Which Oklahoma City neighborhoods have the lowest rent?

The most affordable ZIP codes in Oklahoma City are 73139 ($967/mo), 73109 ($1,014/mo), and 73119 ($1,061/mo). Citywide, the median rent is $1,285/mo.

How does Oklahoma City rent compare to other cities in Oklahoma?

Oklahoma City is in the middle among Oklahoma cities for rent, ranking #22 of 38 tracked cities at $1,285/mo. Over the year to September 2026, rent in Oklahoma City changed +3.0%, against a typical +2.8% across the 31 Oklahoma cities Zillow tracks.

Which nearby cities are cheaper to rent in than Oklahoma City?

Nearby cities with lower median rent than Oklahoma City ($1,285/mo) include Del City ($1,206/mo), and Bethany ($1,266/mo).
Income Affordability
22%
VERY AFFORDABLE

At $1,285/mo, rent takes ~22% of Oklahoma City's median household income ($68,656/yr). The standard benchmark is 30%.

Oklahoma City 22%Benchmark 30%
State income tax0.25–4.75%
Run the Oklahoma City affordability calculator →
Lowest-rent ZIP codes in Oklahoma City
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Oklahoma City, OK

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