ZIP 73120
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 73120 usually run 0.8% below trend in January and 1.1% above it in August, about $24 a month apart at today's median. Based on 10 years of data.
Rent in ZIP 73120 is 0.1% below its high of $1,263 in August 2026, at $1,262 as of September 2026.
Rent in ZIP 73120 changed +2.2% over the year to September 2026. Across the 87 Oklahoma ZIP codes Zillow tracks, the typical change was +3.6%.
From 2019 to 2024, rent in ZIP 73120 rose 32.7% while median household income rose 21.3% ($53,360 to $64,745). Rent outpaced income.
Rent in ZIP 73120 is 36.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 8 of the last 12 months.
30% of the median household income ($64,745) is $1,619 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,290); a 3-bedroom is $1,740.
14th cheapest of 27 ZIP codes in Oklahoma City.
ZIP 73142, 5 miles away, rents for 10% less ($1,134/mo), about $1,500 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 73120. 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.
Who lives here
ZIP 73120 (Oklahoma City, OK) is roughly split between renters and owners, has a median income below the national average, 48.1% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 73120 in Oklahoma City, OK has changed in 5 years
Compared with 2021, rent in ZIP 73120 in Oklahoma City, OK has increased by $255 per month, settling near $1,262 after starting the period at $1,007. Census figures show median household income at $64,745 today, compared with $54,436 five years earlier. Rent outpaced income growth by roughly 6.4 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 35,083 to 35,559 between 2021 and 2024, a 1.4% change. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.
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Tips for renters in ZIP 73120
Last updated: October 17, 2026
ZIP code 73120 covers Oklahoma City, OK. The median rent here is $1,262/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 23% of local median household income ($64,745/yr), ZIP 73120 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.2% over the past year.
Frequently asked questions
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How does ZIP 73120 compare to other ZIPs in Oklahoma?
How does ZIP 73120 compare to the rest of Oklahoma City?
At $1,262/mo, rent takes ~23% of ZIP 73120's median household income ($64,745/yr). The standard benchmark is 30%.
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