ZIP Code · OK

ZIP 73112

Pop. 30,372·Oklahoma County·60th most expensive ZIP in Oklahoma
Median rent (all units)
$1,243/mo
Year-over-Year
-1.0%
Month-over-Month
-0.6%
vs US Median
-$689
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 73112 · $1,243
More affordable than 89% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$970
1 BR
$1,050
2 BR
$1,290
3 BR
$1,740
4 BR+
$1,930
Research median
$1,290/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

March. Asking rents in ZIP 73112 usually run 0.7% below trend in March and 0.9% above it in August, about $20 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 73112 is 1.8% below its high of $1,266 in March 2026, at $1,243 as of September 2026.

Past year vs. the rest of Oklahoma

Rent in ZIP 73112 changed -1.0% 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 73112 rose 33.2% while median household income rose 18.9% ($49,122 to $58,419). Rent outpaced income.

Since before the pandemic

Rent in ZIP 73112 is 31.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has fallen 2 months in a row, and rose in 4 of the last 12 months.

What a typical income covers

30% of the median household income ($58,419) is $1,460 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,290); a 3-bedroom is $1,740.

Rank in Oklahoma City

13th cheapest of 27 ZIP codes in Oklahoma City.

Cheaper nearby

ZIP 73122, 2 miles away, rents for 19% less ($1,013/mo), about $2,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 73112. 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
$14,916/yr
At $1,243/mo median
Location
StateOK
CountyOklahoma County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 1.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-1.0% YoY, -0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 73112 (Oklahoma City, OK) is roughly split between renters and owners, has a median income below the national average, 36.5% of residents hold a bachelor's degree or higher.

Population
30,372
Median income
$58,419
Median age
36.4
Renters
48.3%
Age distribution
19.5%
27.9%
25.5%
15.8%
Under 1819.5%
18–3427.9%
35–5425.5%
55–6411.4%
65+15.8%
Gender
48.6%
51.4%
Male48.6%
Female51.4%
Race & ethnicity
55.8%
14%
19.6%
White55.8%
Black14%
Hispanic19.6%
Asian4.7%
Other6%
Education (25+)
24.3%
30.3%
36.5%
No HS diploma9%
HS diploma24.3%
Some college30.3%
Bachelor's+36.5%
Housing tenure
51.7%
48.3%
Owner51.7%
Renter48.3%

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

2021 vs 2026

How ZIP 73112 in Oklahoma City, OK has changed in 5 years

Rent
$987 → $1,243
up 25.9%
Income
$50,140 → $58,419
up 16.5%
Population
32,893 → 30,372
down 7.7%
Renter share
47.9% → 48.3%
+0.4 pts
Bachelor's+
33.6% → 36.5%
+2.9 pts
Median age
35.6 → 36.4
+0.8 yrs

The median rent in ZIP 73112 in Oklahoma City, OK stood at $987 in 2021 and currently runs about $1,243, reflecting a 25.9% increase over the period. On the earnings side, the typical household in ZIP 73112 in Oklahoma City, OK now reports about $58,419, up from $50,140 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 7.7% since 2021, moving from about 32,893 residents to roughly 30,372. College-educated residents now make up 36.5% of adults here, versus 33.6% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 73112 in Oklahoma City, OK reflects that arc in its own way.

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Local insights

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About renting in ZIP 73112

Last updated: October 17, 2026

ZIP code 73112 covers Oklahoma City, OK. The median rent here is $1,243/mo as of October 2026. A 1-bedroom rents for a median of $1,050/mo. A 2-bedroom rents for a median of $1,290/mo.

At 26% of local median household income ($58,419/yr), ZIP 73112 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 73112?

To keep rent at or below 30% of gross income, you would need to earn at least $50,000/year (about $24/hour full-time) to afford the median rent of $1,243/mo in ZIP 73112. The local median household income is $58,419/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 73112?

Rent in ZIP 73112 has fallen 1.0% over the past year as of September 2026. It sits 1.8% below its high of $1,266 in March 2026.

When is the cheapest time to rent in ZIP 73112?

Asking rents in ZIP 73112 are usually lowest in March, about 0.7% below their yearly trend, and highest in August, about 0.9% above it. At today's median that is a gap of roughly $20 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 73112?

Yes. From 2019 to 2024, rent in ZIP 73112 rose 33.2% while median household income rose 18.9%, from $49,122 to $58,419. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 73112 compare to other ZIPs in Oklahoma?

ZIP 73112 is in the middle among Oklahoma ZIP codes for rent, ranking #60 of 99 at $1,243/mo. Over the year to September 2026, rent in ZIP 73112 changed -1.0%, against a typical +3.6% across the 87 Oklahoma ZIP codes Zillow tracks.

How does ZIP 73112 compare to the rest of Oklahoma City?

At $1,243/mo, ZIP 73112 is $42 below the Oklahoma City citywide median of $1,285/mo. It is the 13th cheapest of 27 ZIP codes in Oklahoma City.
Income Affordability
26%
AFFORDABLE

At $1,243/mo, rent takes ~26% of ZIP 73112's median household income ($58,419/yr). The standard benchmark is 30%.

ZIP 73112 26%Benchmark 30%
State income tax0.25–4.75%
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Public schools near ZIP 73112 (Oklahoma City, OK)

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