Oklahoma City Housing Market 

Oklahoma City Key Rental Property Market Stats:

  • Median rent in Oklahoma City is $1,086 per month, while rents in the metropolitan area are nearly $1,173 per month.

  • Rents in Oklahoma City have grown by more than 36% in less than 10 years.

  • Last year the average rent in Oklahoma City increased by 4%, according to RENTCafé

  • Only 37% of the housing units in Oklahoma City are renter-occupied.

  • 85% of the housing units in Oklahoma City rent for less than $1,000 per month.

  • Most affordable neighborhoods for renters in Oklahoma City include Horseshoe Lake, Capital Hill, and Central Capitol Hill where monthly rents are $570 or less.

  • Neighborhoods in Oklahoma City with the highest monthly rents include Bricktown, Deep Deuce, and OK Health Center with rents averaging $1,356 per month.

Oklahoma City Real Estate Market Stats

  • Current Median Home Price: $152,900

  • 1-Year Appreciation Rate: 2.5%

  • Unemployment Rate: 3.6%

  • 1-Year Job Growth Rate: 3%

  • Population: 610,613

  • Median Household Income: $45,704

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