ZIP Code · OK

ZIP 73507

Part of Lawton, OK

Pop. 21,046·Comanche County·94th most expensive ZIP in Oklahoma

Median rent (all units)

$971/mo

Year-over-Year

+6.5%

Month-over-Month

+0.7%

vs US Median

-$977

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 73507 · $971

More affordable than 98% of US ZIP codes · National median $1,948/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$760

1 BR

$770

2 BR

$980

3 BR

$1,360

4 BR+

$1,640

Research median

$980/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 73507 is at its highest level since Zillow's records here began in August 2022.

Past year vs. the rest of Oklahoma

Rent in ZIP 73507 changed +6.5% 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 7 of the last 12 months.

What a typical income covers

30% of the median household income ($62,132) is $1,553 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,360); a 4-bedroom is $1,640.

Rank in Lawton

1st cheapest of 3 ZIP codes in Lawton.

From Zillow's monthly rent index (ZORI) for ZIP 73507. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$11,652/yr

At $971/mo median

Location

CityLawton

StateOK

CountyComanche County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.5% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.5% YoY, +0.7% MoM), not inventory.

Demographics

Who lives here

ZIP 73507 (Lawton, OK) is majority owner-occupied, has a median income below the national average, 27.1% of residents hold a bachelor's degree or higher.

Population

21,046

Median income

$62,132

Median age

39.1

Renters

42.1%

Age distribution

21.9%

22%

26.1%

15.4%

14.5%

Under 1821.9%

18–3422%

35–5426.1%

55–6415.4%

65+14.5%

Gender

50.1%

49.9%

Male50.1%

Female49.9%

Race & ethnicity

57%

15.1%

14.3%

White57%

Black15.1%

Hispanic14.3%

Asian2%

Other11.6%

Education (25+)

30.7%

32.1%

27.1%

No HS diploma10.1%

HS diploma30.7%

Some college32.1%

Bachelor's+27.1%

Housing tenure

57.9%

42.1%

Owner57.9%

Renter42.1%

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

2023 vs 2026

How ZIP 73507 in Lawton, OK has changed in 5 years

Rent

$829 → $971

up 17.1%

Income

$60,506 → $62,132

up 2.7%

Population

20,907 → 21,046

up 0.7%

Renter share

44.5% → 42.1%

-2.4 pts

Bachelor's+

26.2% → 27.1%

+0.9 pts

Median age

36.9 → 39.1

+2.2 yrs

The median rent in ZIP 73507 in Lawton, OK stood at $829 in 2023 and currently runs about $971, reflecting a 17.1% increase over the period. Census figures show median household income at $62,132 today, compared with $60,506 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. Renters now make up 42.1% of households, compared with 44.5% five years ago. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

Community

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Local insights

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About renting in ZIP 73507

Last updated: September 25, 2026

ZIP code 73507 covers Lawton, OK. The median rent here is $971/mo as of September 2026. A 1-bedroom rents for a median of $770/mo. A 2-bedroom rents for a median of $980/mo.

At 19% of local median household income ($62,132/yr), ZIP 73507 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 73507?

To keep rent at or below 30% of gross income, you would need to earn at least $39,000/year (about $19/hour full-time) to afford the median rent of $971/mo in ZIP 73507. The local median household income is $62,132/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 73507?

Rent in ZIP 73507 has risen 6.5% over the past year as of August 2026. That is the highest level since Zillow's records here began in August 2022.

How does ZIP 73507 compare to other ZIPs in Oklahoma?

ZIP 73507 is one of the more affordable among Oklahoma ZIP codes for rent, ranking #94 of 101 at $971/mo. Over the year to August 2026, rent in ZIP 73507 changed +6.5%, against a typical +3.2% across the 87 Oklahoma ZIP codes Zillow tracks.