Oklahoma City, OK vs Okmulgee County, OK
A 2-bedroom in Okmulgee County costs $307 less per month than Oklahoma City ($937 vs $1,244). Median income is $70,499 in Oklahoma City and $53,123 in Okmulgee County. That's a difference of $3,684 per year in housing costs.
Side-by-Side Comparison
| Metric | Oklahoma City | Okmulgee County |
|---|---|---|
| Studio FMR | $939 | $763 |
| 1BR FMR | $1,017 | $766 |
| 2BR FMR | $1,244 | $937 |
| 3BR FMR | $1,675 | $1,284 |
| 4BR FMR | $1,857 | $1,289 |
| Median Income | $70,499 | $53,123 |
| Rent Burden | 21.2% | 21.2% |
| Actual Median Rent | $1,081 | $811 |
| Median Home Value | $214,700 | $114,600 |
| Population | 1.4M | 37K |
| Renter % | 36.1% | 30% |
| Vacancy Rate | 8.5% | 15.1% |
| Poverty Rate | 13.9% | 17.6% |
| Unemployment | - | 4.8% |
| YoY Change | +14% | +5.2% |
| Min Wage | $7.25/hr | $7.25/hr |
Income Required to Afford a 2-Bedroom
Frequently Asked Questions
Okmulgee County, OK is more affordable with a 2BR FMR of $937/mo, which is $307 less than Oklahoma City at $1,244/mo. However, when considering local incomes, Oklahoma City has a rent burden of 21.2% vs 21.2% in Okmulgee County.
A 2-bedroom in Oklahoma City, OK costs $1,244/mo at Fair Market Rent, while in Okmulgee County, OK it's $937/mo, a difference of $307/mo or $3,684/year.
To afford a 2BR without spending more than 30% of income on rent: Oklahoma City requires $49,760/year ($24/hr). Okmulgee County requires $37,480/year ($18/hr).