ZIP Code · OK

ZIP 73003

Part of Edmond, OK
Pop. 23,236·Oklahoma County·16th most expensive ZIP in Oklahoma
Median rent (all units)
$1,557/mo
Year-over-Year
+0.1%
Month-over-Month
-0.1%
vs US Median
-$375
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 73003 · $1,557
More affordable than 69% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,210
1 BR
$1,320
2 BR
$1,610
3 BR
$2,170
4 BR+
$2,400
Research median
$1,610/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

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

January. Asking rents in ZIP 73003 usually run 0.6% below trend in January and 0.7% above it in August, about $20 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 73003 is 0.7% below its high of $1,568 in March 2026, at $1,557 as of September 2026.

Past year vs. the rest of Oklahoma

Rent in ZIP 73003 changed +0.1% over the year to September 2026. Across the 87 Oklahoma ZIP codes Zillow tracks, the typical change was +3.6%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 73003 rose 27.7% while median household income rose 17.4% ($66,540 to $78,149). Rent outpaced income.

Since before the pandemic

Rent in ZIP 73003 is 31.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($78,149) is $1,954 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,610); a 3-bedroom is $2,170.

Rank in Edmond

2nd cheapest of 4 ZIP codes in Edmond.

Cheaper nearby

ZIP 73134, 5 miles away, rents for 18% less ($1,277/mo), about $3,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 73003. 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
$18,684/yr
At $1,557/mo median
Location
CityEdmond
StateOK
CountyOklahoma County
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 (+0.1% YoY, -0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 73003 (Edmond, OK) is majority owner-occupied, 41.6% of residents hold a bachelor's degree or higher.

Population
23,236
Median income
$78,149
Median age
38.2
Renters
42.1%
Age distribution
24.7%
20.7%
26.1%
12.4%
16.2%
Under 1824.7%
18–3420.7%
35–5426.1%
55–6412.4%
65+16.2%
Gender
47.9%
52.1%
Male47.9%
Female52.1%
Race & ethnicity
71.1%
White71.1%
Black8%
Hispanic8.3%
Asian3.5%
Other9.2%
Education (25+)
17.3%
35.3%
41.6%
No HS diploma5.9%
HS diploma17.3%
Some college35.3%
Bachelor's+41.6%
Housing tenure
57.9%
42.1%
Owner57.9%
Renter42.1%

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

2021 vs 2026

How ZIP 73003 in Edmond, OK has changed in 5 years

Rent
$1,253 → $1,557
up 24.3%
Income
$66,384 → $78,149
up 17.7%
Population
23,120 → 23,236
up 0.5%
Renter share
40.9% → 42.1%
+1.2 pts
Bachelor's+
41.9% → 41.6%
-0.3 pts
Median age
37.2 → 38.2
+1.0 yrs

Compared with 2021, rent in ZIP 73003 in Edmond, OK has climbed by $304 per month, settling near $1,557 after starting the period at $1,253. Local incomes tracked alongside that move, going from a median of $66,384 in 2021 to $78,149 more recently. Rent outpaced income growth by roughly 6.6 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 73003 in Edmond, OK market of 2021.

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About renting in ZIP 73003

Last updated: October 17, 2026

ZIP code 73003 covers Edmond, OK. The median rent here is $1,557/mo as of October 2026. A 1-bedroom rents for a median of $1,320/mo. A 2-bedroom rents for a median of $1,610/mo.

At 24% of local median household income ($78,149/yr), ZIP 73003 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 73003?

To keep rent at or below 30% of gross income, you would need to earn at least $62,000/year (about $30/hour full-time) to afford the median rent of $1,557/mo in ZIP 73003. The local median household income is $78,149/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 73003?

Rent in ZIP 73003 has been roughly flat over the past year as of September 2026, a +0.1% change. It sits 0.7% below its high of $1,568 in March 2026.

When is the cheapest time to rent in ZIP 73003?

Asking rents in ZIP 73003 are usually lowest in January, about 0.6% below their yearly trend, and highest in August, about 0.7% above it. At today's median that is a gap of roughly $20 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 73003?

Yes. From 2019 to 2024, rent in ZIP 73003 rose 27.7% while median household income rose 17.4%, from $66,540 to $78,149. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 73003 compare to other ZIPs in Oklahoma?

ZIP 73003 is one of the pricier among Oklahoma ZIP codes for rent, ranking #16 of 99 at $1,557/mo. Over the year to September 2026, rent in ZIP 73003 changed +0.1%, against a typical +3.6% across the 87 Oklahoma ZIP codes Zillow tracks.

How does ZIP 73003 compare to the rest of Edmond?

At $1,557/mo, ZIP 73003 is $85 below the Edmond citywide median of $1,642/mo. It is the 2nd cheapest of 4 ZIP codes in Edmond.
Income Affordability
24%
VERY AFFORDABLE

At $1,557/mo, rent takes ~24% of ZIP 73003's median household income ($78,149/yr). The standard benchmark is 30%.

ZIP 73003 24%Benchmark 30%
State income tax0.25–4.75%
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Schools nearby

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