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Average Rent in Norman, OK

Avg. RentAnnual Change
Norman Studio - $670+18%
Norman 1 Bed - $867+15%
Norman 2 Beds - $1,041+7%
Last updated 6/18/2024

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Local Guide

See what Norman, OK has to offer.

Affordability

Last updated 6/18/2024

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in Downtown, Norman, OK

In Norman, OK, as of 2024, the average rent for apartments ranges from $670 to $1,041. Specifically, the average rent for a studio apartment in Downtown, Norman, OK is $670. For those seeking a 1-bedroom apartments, the average rent is $867. And for a 2-bedroom apartment, renters can expect to pay an average of $1,041.

Annual Rent Change Over the Past 12 Months

Studio

+18%

Changed from $568 to $670
1 Bed

+15%

Changed from $754 to $867
2 Beds

+7%

Changed from $973 to $1,041
Last updated 6/18/2024

Cost of Living

Compared to State Average

8.1%

Compared to National Average

3.6%

The cost of living in Downtown, Norman, OK is 8.1% higher than the state average and 3.6% lower than the national average. Downtown, Norman, OK housing is 6.7% less expensive than the U.S average, while utilities are about 6% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 6.6% more in Downtown, Norman, OK than in the rest of the country.

Healthcare services such as doctor check-ups and dentistry cost 6.2% less here compared to the U.S. average.
Cost of Living in Downtown, Norman, OKCompared to State AverageCompared to National Average
Housing
29.4%
6.7%
Utilities
1.9%
6%
Food
12.5%
6.6%
Transportation
2.8%
5.8%
Healthcare
2.1%
6.2%

Compare Other Cities

CityStudio Avg RentAnnual Change
Del City$839-26%
Oklahoma City$780-26%
Edmond$719+9%
Norman$670+18%
Shawnee$550--
City1 Bed Avg RentAnnual Change
Yukon$1,094+4%
Moore$1,026-1%
Seminole$1,000--
Oklahoma City$964+4%
Edmond$955+6%
Norman$867+15%
Tuttle$849--
Bethany$828+27%
Midwest City$825+18%
Pauls Valley$7440%
El Reno$669--
Shawnee$625+5%
Guthrie$600--
City2 Beds Avg RentAnnual Change
Del City$1,299+4%
Yukon$1,289+4%
Moore$1,226-1%
Edmond$1,192+2%
Oklahoma City$1,122-4%
Bethany$1,078--
Norman$1,041+7%
Choctaw$1,000--
Midwest City$949+19%
El Reno$871--
Pauls Valley$8690%
Tuttle$799--
Seminole$795--
Shawnee$780+21%
Chickasha$750+32%

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Schools

Top Schools in Downtown Norman

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

Find Houses in Nearby Cities

City1 Bed Price2 Beds Price
Norman, OK 0 miles$867$1,041
Oklahoma City, OK 17.5 miles$964$1,122
Moore, OK 8.5 miles$1,026$1,226
Edmond, OK 29.8 miles$955$1,192
Midwest City, OK 15.9 miles$825$949
Yukon, OK 26.8 miles$1,094$1,289
Hall Park, OK 2.1 miles------
Noble, OK 6.3 miles------
Shawnee, OK 29.9 miles$625$780
Newcastle, OK 9.2 miles------

Find Houses in Nearby Neighborhoods

Neighborhood1 Bed Price2 Beds Price
Downtown$950$919
Campus Corner 0.7 miles------

Learn More About Nearby Neighborhoods