ZIP Code · OK

ZIP 73069

Part of Norman, OK
Pop. 28,462·Cleveland County·35th most expensive ZIP in Oklahoma
Median rent (all units)
$1,426/mo
Year-over-Year
+5.0%
Month-over-Month
+0.8%
vs US Median
-$506
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 73069 · $1,426
More affordable than 78% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$910
1 BR
$990
2 BR
$1,210
3 BR
$1,630
4 BR+
$1,810
Research median
$1,210/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

December. Asking rents in ZIP 73069 usually run 1% below trend in December and 1.2% above it in May, about $31 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 73069 is at its highest level since Zillow's records here began in May 2016.

Past year vs. the rest of Oklahoma

Rent in ZIP 73069 changed +5.0% 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 73069 rose 35.5% while median household income rose 23.7% ($47,615 to $58,888). Rent outpaced income.

Since before the pandemic

Rent in ZIP 73069 is 48.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($58,888) is $1,472 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,210); a 3-bedroom is $1,630.

Rank in Norman

2nd cheapest of 3 ZIP codes in Norman.

From Zillow's monthly rent index (ZORI) for ZIP 73069. 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
$17,112/yr
At $1,426/mo median
Location
CityNorman
StateOK
CountyCleveland County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.0% YoY, +0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 73069 (Norman, OK) is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 44.2% of residents hold a bachelor's degree or higher.

Population
28,462
Median income
$58,888
Median age
33.2
Renters
54.3%
Age distribution
16.4%
37.1%
21.9%
14%
Under 1816.4%
18–3437.1%
35–5421.9%
55–6410.6%
65+14%
Gender
48.7%
51.3%
Male48.7%
Female51.3%
Race & ethnicity
67.1%
12.2%
13.2%
White67.1%
Black3.5%
Hispanic12.2%
Asian4%
Other13.2%
Education (25+)
21.2%
28.9%
44.2%
No HS diploma5.8%
HS diploma21.2%
Some college28.9%
Bachelor's+44.2%
Housing tenure
45.7%
54.3%
Owner45.7%
Renter54.3%

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

2021 vs 2026

How ZIP 73069 in Norman, OK has changed in 5 years

Rent
$1,045 → $1,426
up 36.5%
Income
$50,912 → $58,888
up 15.7%
Population
27,314 → 28,462
up 4.2%
Renter share
50.9% → 54.3%
+3.4 pts
Bachelor's+
42.5% → 44.2%
+1.7 pts
Median age
32.1 → 33.2
+1.1 yrs

Five years ago, renters in ZIP 73069 in Norman, OK paid around $1,045 a month. That figure now sits near $1,426, up 36.5% from the 2021 baseline. Median household income climbed from $50,912 to $58,888 between 2021 and 2024, a 15.7% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 73069 in Norman, OK adding about 1,148 residents over the five-year window, up 4.2% on net. The renter share has risen from 50.9% to 54.3%, with owner-occupied housing accounting for the remainder. Taken together, the five-year picture in ZIP 73069 in Norman, 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.

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About renting in ZIP 73069

Last updated: October 17, 2026

ZIP code 73069 covers Norman, OK. The median rent here is $1,426/mo as of October 2026. A 1-bedroom rents for a median of $990/mo. A 2-bedroom rents for a median of $1,210/mo.

At 29% of local median household income ($58,888/yr), ZIP 73069 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 73069?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (about $27/hour full-time) to afford the median rent of $1,426/mo in ZIP 73069. The local median household income is $58,888/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 73069?

Rent in ZIP 73069 has risen 5.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in May 2016.

When is the cheapest time to rent in ZIP 73069?

Asking rents in ZIP 73069 are usually lowest in December, about 1% below their yearly trend, and highest in May, about 1.2% above it. At today's median that is a gap of roughly $31 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 73069?

Yes. From 2019 to 2024, rent in ZIP 73069 rose 35.5% while median household income rose 23.7%, from $47,615 to $58,888. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 73069 compare to other ZIPs in Oklahoma?

ZIP 73069 is in the middle among Oklahoma ZIP codes for rent, ranking #35 of 99 at $1,426/mo. Over the year to September 2026, rent in ZIP 73069 changed +5.0%, against a typical +3.6% across the 87 Oklahoma ZIP codes Zillow tracks.

How does ZIP 73069 compare to the rest of Norman?

At $1,426/mo, ZIP 73069 is $19 above the Norman citywide median of $1,407/mo. It is the 2nd cheapest of 3 ZIP codes in Norman.
Income Affordability
29%
AFFORDABLE

At $1,426/mo, rent takes ~29% of ZIP 73069's median household income ($58,888/yr). The standard benchmark is 30%.

ZIP 73069 29%Benchmark 30%
State income tax0.25–4.75%
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Schools nearby

Public schools near ZIP 73069 (Norman, OK)

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