Oklahoma City Housing Market
Oklahoma City Key Rental Property Market Stats:
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Median rent in Oklahoma City is $1,086 per month, while rents in the metropolitan area are nearly $1,173 per month.
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Rents in Oklahoma City have grown by more than 36% in less than 10 years.
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Last year the average rent in Oklahoma City increased by 4%, according to RENTCafé.
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Only 37% of the housing units in Oklahoma City are renter-occupied.
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85% of the housing units in Oklahoma City rent for less than $1,000 per month.
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Most affordable neighborhoods for renters in Oklahoma City include Horseshoe Lake, Capital Hill, and Central Capitol Hill where monthly rents are $570 or less.
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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
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Current Median Home Price: $152,900
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1-Year Appreciation Rate: 2.5%
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Unemployment Rate: 3.6%
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1-Year Job Growth Rate: 3%
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Population: 610,613
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Median Household Income: $45,704
