City Report · OK

Shawnee

Pop. 31,671·30th most expensive in Oklahoma·One of the most affordable rental markets in the US
Median rent (all units)
$1,117/mo
Year-over-Year
+2.8%
Month-over-Month
+0.6%
vs US Median
-$815
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Shawnee · $1,117
More affordable than 95% of US cities · National median $1,932/mo
Rent Reality Score
52/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Shawnee's 10-year trend predicts.

Actual rent
$1,117/mo
Expected by trend
$1,127/mo
The Rent Reality Score compares today's median rent to where Shawnee's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$660
1 BR
$730
2 BR
$960
3 BR
$1,270
4 BR+
$1,500
Fair Market Rent (HUD)
$960/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,117 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

Compared with the peak

Rent in Shawnee is at its highest level since Zillow's records here began in March 2023.

Past year vs. the rest of Oklahoma

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

Recent direction

Rent has risen 2 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($55,815) is $1,395 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,270); a 4-bedroom is $1,500.

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

Annual cost
$13,404/yr
At $1,117/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.8% YoY, +0.6% MoM), not inventory.
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Demographics

Who lives here

Shawnee, OK is majority owner-occupied, has a median income below the national average, 24.6% of residents hold a bachelor's degree or higher.

Population
31,671
Median income
$55,815
Median age
34.6
Renters
41.7%
Age distribution
24.1%
26.4%
21.6%
12.1%
15.8%
Under 1824.1%
18–3426.4%
35–5421.6%
55–6412.1%
65+15.8%
Gender
47.9%
52.1%
Male47.9%
Female52.1%
Race & ethnicity
69.9%
18%
White69.9%
Black4%
Hispanic6.8%
Asian1.3%
Other18%
Education (25+)
32.5%
33%
24.6%
No HS diploma9.9%
HS diploma32.5%
Some college33%
Bachelor's+24.6%
Housing tenure
58.3%
41.7%
Owner58.3%
Renter41.7%

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

2023 vs 2026

How Shawnee, OK has changed in 5 years

Rent
$997 → $1,117
up 12.0%
Income
$47,649 → $55,815
up 17.1%
Population
31,237 → 31,671
up 1.4%
Renter share
43.2% → 41.7%
-1.5 pts
Bachelor's+
24.2% → 24.6%
+0.4 pts
Median age
35.5 → 34.6
-0.9 yrs

Rent in Shawnee, OK has climbed 12.0% since 2023, going from about $997 per month to roughly $1,117 today. On the earnings side, the typical household in Shawnee, OK now reports about $55,815, up from $47,649 in 2021. Income growth outran rent by about 5.1 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 31,237 to 31,671 between 2021 and 2024, a 1.4% change. About 41.7% of households rent today, against 43.2% in 2021. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and Shawnee, OK reflects that arc in its own way.

Community

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

Can you afford rent in Shawnee on your salary?

At $1,117/mo, how Shawnee rent compares to typical pay (30% rule).

By apartment size

Shawnee rent by bedroom count

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

Local insights

Tips for renters in Shawnee

About renting in Shawnee, OK

Last updated: October 17, 2026

The median rent in Shawnee is $1,117/mo as of October 2026. A studio apartment averages $660/mo while a 2-bedroom runs $960/mo. One-bedroom apartments average $730/mo and 3-bedroom units go for $1,270/mo.

At 24% of local median household income ($55,815/yr), Shawnee ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Shawnee?

To keep rent at or below 30% of gross income, you would need to earn at least $45,000/year (about $22/hour full-time) to afford the median rent of $1,117/mo in Shawnee. The local median household income is $55,815/yr, so the typical household meets that bar.

Is rent going up or down in Shawnee?

Rent in Shawnee has risen 2.8% over the past year as of September 2026. That is the highest level since Zillow's records here began in March 2023.

Which Shawnee neighborhoods have the lowest rent?

The most affordable ZIP codes in Shawnee are 74801 ($1,055/mo), and 74804 ($1,164/mo). Citywide, the median rent is $1,117/mo.

How does Shawnee rent compare to other cities in Oklahoma?

Shawnee is one of the more affordable among Oklahoma cities for rent, ranking #30 of 38 tracked cities at $1,117/mo. Over the year to September 2026, rent in Shawnee changed +2.8%, against a typical +2.8% across the 31 Oklahoma cities Zillow tracks.
Income Affordability
24%
VERY AFFORDABLE

At $1,117/mo, rent takes ~24% of Shawnee's median household income ($55,815/yr). The standard benchmark is 30%.

Shawnee 24%Benchmark 30%
State income tax0.25–4.75%
Run the Shawnee affordability calculator →
Lowest-rent ZIP codes in Shawnee
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Shawnee, OK

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