ZIP Code · OK

ZIP 73111

Pop. 10,727·Oklahoma County·75th most expensive ZIP in Oklahoma
Median rent (all units)
$1,173/mo
Year-over-Year
+8.5%
Month-over-Month
Stable
vs US Median
-$759
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 73111 · $1,173
More affordable than 92% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$830
1 BR
$900
2 BR
$1,100
3 BR
$1,480
4 BR+
$1,640
Research median
$1,100/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

Compared with the peak

Rent in ZIP 73111 is at its highest level since Zillow's records here began in October 2022.

Past year vs. the rest of Oklahoma

Rent in ZIP 73111 changed +8.5% over the year to September 2026. Across the 87 Oklahoma ZIP codes Zillow tracks, the typical change was +3.6%.

Recent direction

Rent has risen 6 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($40,340) is $1,009 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($900); a 2-bedroom is $1,100.

Rank in Oklahoma City

8th cheapest of 27 ZIP codes in Oklahoma City.

Cheaper nearby

ZIP 73109, 7 miles away, rents for 14% less ($1,014/mo), about $1,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 73111. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$14,076/yr
At $1,173/mo median
Location
StateOK
CountyOklahoma County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.5% YoY, +0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 73111 (Oklahoma City, OK) is roughly split between renters and owners, has a large retiree population, has a median income below the national average, 18.9% of residents hold a bachelor's degree or higher.

Population
10,727
Median income
$40,340
Median age
43.8
Renters
45.8%
Age distribution
24.5%
15.3%
22.7%
12.7%
24.7%
Under 1824.5%
18–3415.3%
35–5422.7%
55–6412.7%
65+24.7%
Gender
47.6%
52.4%
Male47.6%
Female52.4%
Race & ethnicity
74.9%
White11.8%
Black74.9%
Hispanic5.3%
Asian0.6%
Other7.3%
Education (25+)
39%
30.6%
18.9%
No HS diploma11.5%
HS diploma39%
Some college30.6%
Bachelor's+18.9%
Housing tenure
54.2%
45.8%
Owner54.2%
Renter45.8%

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

2023 vs 2026

How ZIP 73111 in Oklahoma City, OK has changed in 5 years

Rent
$922 → $1,173
up 27.2%
Income
$35,093 → $40,340
up 15.0%
Population
11,497 → 10,727
down 6.7%
Renter share
43.8% → 45.8%
+2.0 pts
Bachelor's+
16.4% → 18.9%
+2.5 pts
Median age
40.5 → 43.8
+3.3 yrs

Since 2023, the typical rent in ZIP 73111 in Oklahoma City, OK has increased from $922 to $1,173, a 27.2% change over five years. Household income in the area moved from $35,093 to $40,340 across the same window, up 15.0% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 6.7% since 2021, moving from about 11,497 residents to roughly 10,727. Renters now make up 45.8% of households, compared with 43.8% five years ago. College-educated residents now make up 18.9% of adults here, versus 16.4% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 73111 in Oklahoma City, OK look reasonable against where the market sat half a decade ago.

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About renting in ZIP 73111

Last updated: October 17, 2026

ZIP code 73111 covers Oklahoma City, OK. The median rent here is $1,173/mo as of October 2026. A 1-bedroom rents for a median of $900/mo. A 2-bedroom rents for a median of $1,100/mo.

At 35% of local median household income ($40,340/yr), ZIP 73111 ranks as moderate compared to the national benchmark of 30%. Rents have increased 8.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 73111?

To keep rent at or below 30% of gross income, you would need to earn at least $47,000/year (about $23/hour full-time) to afford the median rent of $1,173/mo in ZIP 73111. The local median household income is $40,340/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 73111?

Rent in ZIP 73111 has risen 8.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in October 2022.

How does ZIP 73111 compare to other ZIPs in Oklahoma?

ZIP 73111 is one of the more affordable among Oklahoma ZIP codes for rent, ranking #75 of 99 at $1,173/mo. Over the year to September 2026, rent in ZIP 73111 changed +8.5%, against a typical +3.6% across the 87 Oklahoma ZIP codes Zillow tracks.

How does ZIP 73111 compare to the rest of Oklahoma City?

At $1,173/mo, ZIP 73111 is $112 below the Oklahoma City citywide median of $1,285/mo. It is the 8th cheapest of 27 ZIP codes in Oklahoma City.
Income Affordability
35%
MODERATE

At $1,173/mo, rent takes ~35% of ZIP 73111's median household income ($40,340/yr). The standard benchmark is 30%.

ZIP 73111 35%Benchmark 30%
State income tax0.25–4.75%
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Schools nearby

Public schools near ZIP 73111 (Oklahoma City, OK)

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