Rent in Oklahoma
The median 2-bedroom Fair Market Rent in Oklahoma is $1,004/mo, ranking #48 out of 51 states for highest rent. This is $246 below the national median of $1,250/mo. Oklahoma has a population of 4.0M. About 34.2% of households rent their homes. Fair Market Rent data covers 10 areas across the state.
Highlights
All 10 Areas in Oklahoma
| Area | Studio | 1BR | 2BR | 3BR | Burden | YoY |
|---|---|---|---|---|---|---|
| Oklahoma City Pop. 1.4M | $939 | $1,017 | $1,244 | $1,675 | 21.2% | +14% |
| Tulsa Pop. 1.0M | $933 | $987 | $1,217 | $1,602 | 21.5% | +7.9% |
| Enid Pop. 62K | $785 | $799 | $1,027 | $1,336 | 18.3% | +2.9% |
| Pawnee County Pop. 16K | $774 | $818 | $1,006 | $1,336 | 21% | +12.9% |
| Grady County Pop. 56K | $692 | $765 | $1,004 | $1,343 | 15.9% | +12.7% |
| Lawton Pop. 127K | $779 | $784 | $1,001 | $1,392 | 20.3% | +8.8% |
| Cotton County Pop. 5.5K | $728 | $733 | $962 | $1,153 | 19.1% | +8% |
| Fort Smith Pop. 229K | $683 | $714 | $937 | $1,266 | 19.8% | +5.2% |
| Lincoln County Pop. 34K | $809 | $814 | $937 | $1,257 | 18.9% | +5.2% |
| Okmulgee County Pop. 37K | $763 | $766 | $937 | $1,284 | 21.2% | +5.2% |
Frequently Asked Questions
The median 2-bedroom Fair Market Rent across Oklahoma is $1,004 per month. Rents range from $937/mo in Okmulgee County to $1,244/mo in Oklahoma City. The actual median gross rent statewide is $980/mo according to Census data.
Oklahoma ranks #48 out of 51 states for highest median Fair Market Rent. The state median 2BR FMR of $1,004/mo is $246 below the national median of $1,250/mo.
The average rent burden across Oklahoma is 19.7%, meaning a typical household would spend 19.7% of income on a 2-bedroom at Fair Market Rent. No areas exceed HUD's 30% cost-burden threshold. The statewide median household income is $63,603.
The most affordable area in Oklahoma is Okmulgee County with a 2-bedroom Fair Market Rent of $937/mo. The median household income there is $53,123.
The most expensive area in Oklahoma is Oklahoma City with a 2-bedroom Fair Market Rent of $1,244/mo. The median household income there is $70,499.
Fair Market Rents represent the 40th percentile of gross rents for standard-quality rental units. State-level income and demographic data comes from the Census Bureau ACS 5-Year estimates. Rent burden is calculated as annual 2BR FMR divided by area median household income.