Rental market trends in Oklahoma City, OK
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Average Apartment Cost in Oklahoma City, OK
Apartment Rent Ranges in Oklahoma City, OK
| Apartment Prices | Proportion | |||
|---|---|---|---|---|
2% | 14% | 31% | 40% | 13% |
Neighborhood Apartment Rent Trends in Oklahoma City, OK
| Neighborhood | Studio Avg Rent | Annual Change |
|---|---|---|
| Downtown | $1,947 | 0% |
| Midtown | $1,630 | -- |
| Central Oklahoma City | $897 | -22% |
| Northwest Oklahoma City | $804 | -6% |
| Britton | $800 | -- |
| Gatewood UCD | $775 | 0% |
| Southeast Oklahoma City | $695 | +1% |
| Heritage Hills East | $675 | -3% |
| South Oklahoma City | $650 | +8% |
| Hillcrest | $610 | -- |
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Deep Deuce | $1,695 | +19% |
| Crestwood | $1,600 | -- |
| Mesta Park | $1,595 | -- |
| Midtown | $1,400 | 0% |
| Bricktown | $1,377 | +1% |
| Quail Creek | $1,099 | -- |
| Paseo | $925 | -- |
| Northwest Oklahoma City | $924 | -5% |
| Gatewood UCD | $920 | 0% |
| Central Oklahoma City | $905 | -1% |
| Woodland Park | $895 | -- |
| Northridge | $885 | -3% |
| Heritage Hills East | $862 | +2% |
| South Oklahoma City | $839 | -1% |
| Southwest Oklahoma City | $825 | -28% |
| Culbertson | $825 | 0% |
| Hillcrest | $817 | -- |
| Northeast Oklahoma City | $774 | -31% |
| Broadway Park | $774 | -- |
| West 10th | $750 | +24% |
| Southeast Oklahoma City | $734 | +28% |
| Pennington | $709 | -- |
| May-Penn | $695 | -- |
| Britton | $675 | -54% |
| Greenvale | $664 | 0% |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Bricktown | $1,827 | -2% |
| Midtown | $1,700 | -4% |
| Deep Deuce | $1,620 | -6% |
| Brandywine | $1,370 | -- |
| Southwest Oklahoma City | $1,296 | 0% |
| Woodland Park | $1,295 | -- |
| Surrey Hills | $1,250 | -- |
| Heritage Hills East | $1,229 | +13% |
| Quail Creek | $1,177 | -- |
| Crestwood | $1,175 | +4% |
| Northwest Oklahoma City | $1,155 | -6% |
| Gatewood UCD | $1,120 | 0% |
| Northridge | $1,075 | -1% |
| South Oklahoma City | $975 | -14% |
| Northeast Oklahoma City | $974 | -27% |
| Broadway Park | $974 | -- |
| Central Oklahoma City | $947 | -8% |
| Hillcrest | $932 | -- |
| Culbertson | $900 | -- |
| Pennington | $899 | -- |
| West 10th | $850 | +55% |
| Southeast Oklahoma City | $829 | -- |
| Greenvale | $824 | 0% |
| Southern Hills | $800 | +3% |
| May-Penn | $795 | -- |
| Hilldale | $774 | +11% |
| Britton | $740 | -56% |
How Other Cities Compare to Oklahoma City, OK
Oklahoma City, OK Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 |
| $1470 | $1200 | $1170 | $1170 | $1075 | $775 | $799 | $799 | $1051 | $1050 | $1076 | $1020 | $705 |
| $964 | $964 | $967 | $949 | $932 | $922 | $922 | $922 | $924 | $929 | $920 | $920 | $920 |
| $1234 | $1219 | $1237 | $1207 | $1169 | $1139 | $1159 | $1164 | $1169 | $1152 | $1120 | $1094 | $1094 |
| $1584 | $1603 | $1603 | $1594 | $1594 | $1375 | $1499 | $1500 | $1500 | $1604 | $1219 | $1199 | $1275 |
Neighborhood Information for Oklahoma City, OK
What are the most affordable neighborhoods in Oklahoma City, OK?
The most affordable neighborhoods in Oklahoma City are Greenvale, where the average 1-bedroom apartment rent goes for $664, Britton, where renters pay $675 on average for a 1-bedroom apartment, and May-Penn, where the average 1-bedroom apartment rent goes for $695. If you're looking for other great deals, check out the listings in Pennington ($709 for a 1-bedroom apartment) or Southeast Oklahoma City ($734 for a 1-bedroom apartment), compared to the $922 average for an Oklahoma City 1-bedroom apartment.
What are the most expensive neighborhoods in Oklahoma City, OK?
The most expensive neighborhoods in Oklahoma City are Downtown, where the average 1-bedroom apartment rent goes for $2,398, Deep Deuce, where renters pay $1,695 on average for a 1-bedroom apartment, and Crestwood, where the average 1-bedroom apartment rent goes for $1,600. If you're looking for other premium neighborhoods, check out the listings in Mesta Park ($1,595 for a 1-bedroom apartment) or Midtown ($1,400 for a 1-bedroom apartment), compared to the $922 average for an Oklahoma City 1-bedroom apartment.
What are the most popular neighborhoods in Oklahoma City, OK?
The most popular neighborhoods in Oklahoma City are May-Penn, where the average 1-bedroom apartment rent goes for $695, Woodland Park, where renters pay $895 on average for a 1-bedroom apartment, and Crestwood, where the average 1-bedroom apartment rent goes for $1,600. If you're looking for other popular neighborhoods, check out the listings in Central Oklahoma City ($905 for a 1-bedroom apartment) or Pennington ($709 for a 1-bedroom apartment), compared to the $922 average for an Oklahoma City 1-bedroom apartment.
