ZIP Code · OK

ZIP 73505

Part of Lawton, OK

Pop. 47,790·Comanche County·84th most expensive ZIP in Oklahoma

Median rent (all units)

$1,118/mo

Year-over-Year

+2.7%

Month-over-Month

-0.3%

vs US Median

-$830

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 73505 · $1,118

More affordable than 95% of US ZIP codes · National median $1,948/mo

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Medians by bedroom

Rent by unit size

Studio

$790

1 BR

$800

2 BR

$1,020

3 BR

$1,420

4 BR+

$1,710

Research median

$1,020/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: September 25, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 73505 is 0.4% below its high of $1,123 in March 2026, at $1,118 as of August 2026.

Past year vs. the rest of Oklahoma

Rent in ZIP 73505 changed +2.7% over the year to August 2026. Across the 87 Oklahoma ZIP codes Zillow tracks, the typical change was +3.2%.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($58,272) is $1,457 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,420); a 4-bedroom is $1,710.

Rank in Lawton

2nd cheapest of 3 ZIP codes in Lawton.

From Zillow's monthly rent index (ZORI) for ZIP 73505. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$13,416/yr

At $1,118/mo median

Location

CityLawton

StateOK

CountyComanche County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.7% YoY, -0.3% MoM), not inventory.

Demographics

Who lives here

ZIP 73505 (Lawton, OK) is roughly split between renters and owners, has a median income below the national average, 25.2% of residents hold a bachelor's degree or higher.

Population

47,790

Median income

$58,272

Median age

34.2

Renters

48.2%

Age distribution

24.4%

26.5%

23.8%

14.4%

Under 1824.4%

18–3426.5%

35–5423.8%

55–6410.9%

65+14.4%

Gender

49%

51%

Male49%

Female51%

Race & ethnicity

53.1%

17.1%

16.1%

White53.1%

Black17.1%

Hispanic16.1%

Asian3.5%

Other10.2%

Education (25+)

33.2%

33%

25.2%

No HS diploma8.5%

HS diploma33.2%

Some college33%

Bachelor's+25.2%

Housing tenure

51.8%

48.2%

Owner51.8%

Renter48.2%

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

2023 vs 2026

How ZIP 73505 in Lawton, OK has changed in 5 years

Rent

$961 → $1,118

up 16.3%

Income

$53,631 → $58,272

up 8.7%

Population

48,867 → 47,790

down 2.2%

Renter share

49.2% → 48.2%

-1.0 pts

Bachelor's+

26.3% → 25.2%

-1.1 pts

The median rent in ZIP 73505 in Lawton, OK stood at $961 in 2023 and currently runs about $1,118, reflecting a 16.3% increase over the period. Local incomes tracked alongside that move, going from a median of $53,631 in 2021 to $58,272 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 2.2% since 2021, moving from about 48,867 residents to roughly 47,790. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 73505 in Lawton, OK market of 2023.

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Local insights

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About renting in ZIP 73505

Last updated: September 25, 2026

ZIP code 73505 covers Lawton, OK. The median rent here is $1,118/mo as of September 2026. A 1-bedroom rents for a median of $800/mo. A 2-bedroom rents for a median of $1,020/mo.

At 23% of local median household income ($58,272/yr), ZIP 73505 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 73505?

To keep rent at or below 30% of gross income, you would need to earn at least $45,000/year (about $22/hour full-time) to afford the median rent of $1,118/mo in ZIP 73505. The local median household income is $58,272/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 73505?

Rent in ZIP 73505 has risen 2.7% over the past year as of August 2026. It sits 0.4% below its high of $1,123 in March 2026.

How does ZIP 73505 compare to other ZIPs in Oklahoma?

ZIP 73505 is one of the more affordable among Oklahoma ZIP codes for rent, ranking #84 of 101 at $1,118/mo. Over the year to August 2026, rent in ZIP 73505 changed +2.7%, against a typical +3.2% across the 87 Oklahoma ZIP codes Zillow tracks.