- Oklahoma
- Oklahoma City
- Renter Market Trends
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% | 17% | 33% | 32% | 15% |
Neighborhood Apartment Rent Trends in Oklahoma City, OK
| Neighborhood | Studio Avg Rent | Annual Change |
|---|---|---|
| Mesta Park | $1,803 | -- |
| Downtown Oklahoma City | $1,540 | -20% |
| Northeast Oklahoma City | $1,172 | -- |
| Midtown | $1,171 | -- |
| Central Oklahoma City | $980 | +40% |
| Northwest Oklahoma City | $950 | +18% |
| Quail Creek | $950 | -- |
| Gatewood UCD | $775 | 0% |
| Heritage Hills East | $730 | +8% |
| South Oklahoma City | $729 | -- |
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Mesta Park | $1,550 | -3% |
| Downtown Oklahoma City | $1,496 | +7% |
| Deep Deuce | $1,412 | -4% |
| Valencia | $1,359 | -- |
| Midtown | $1,352 | -3% |
| Classen-Ten-Penn | $1,350 | -- |
| Southeast Oklahoma City | $1,314 | +79% |
| Britton | $1,275 | +89% |
| Kingsridge | $1,207 | -- |
| Bricktown | $1,175 | -13% |
| Southwest Oklahoma City | $1,163 | +7% |
| Jefferson Park | $1,095 | -- |
| Northeast Oklahoma City | $1,020 | +32% |
| Broadway Park | $1,020 | +32% |
| Northwest Oklahoma City | $982 | +4% |
| South Oklahoma City | $979 | +15% |
| Central Oklahoma City | $971 | +19% |
| Heritage Hills East | $960 | +11% |
| Woodland Park | $925 | +9% |
| Gatewood UCD | $920 | 0% |
| Paseo | $915 | -- |
| Mayfair West | $900 | -- |
| Quail Creek | $875 | -6% |
| South Walker | $815 | -- |
| Youngs-Englewood | $800 | -- |
| Musgrave | $799 | -- |
| May-Penn | $749 | +8% |
| Northridge | $737 | -- |
| Hilldale | $700 | -- |
| Greenvale | $664 | 0% |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Mesta Park | $2,075 | -- |
| Midtown | $2,026 | -- |
| Downtown Oklahoma City | $2,019 | +23% |
| Bricktown | $1,887 | +15% |
| Valencia | $1,584 | -- |
| Deep Deuce | $1,575 | -7% |
| Britton | $1,575 | +113% |
| Southwest Oklahoma City | $1,469 | +34% |
| Kingsridge | $1,447 | -- |
| Classen-Ten-Penn | $1,400 | -- |
| Gatewood UCD | $1,350 | +21% |
| Heritage Hills East | $1,300 | -1% |
| Northeast Oklahoma City | $1,230 | +20% |
| Broadway Park | $1,230 | +20% |
| Central Oklahoma City | $1,211 | +35% |
| Quail Creek | $1,199 | +6% |
| Northwest Oklahoma City | $1,189 | +2% |
| Mayfair West | $1,119 | -- |
| South Oklahoma City | $1,112 | +16% |
| Woodland Park | $942 | -- |
| Northridge | $932 | -- |
| Southeast Oklahoma City | $925 | +12% |
| South Walker | $915 | -- |
| Musgrave | $899 | -- |
| Hilldale | $875 | -- |
| Martin Luther King | $830 | -- |
| Parkview | $830 | -- |
| Greenvale | $824 | 0% |
| May-Penn | $795 | -- |
How Other Cities Compare to Oklahoma City, OK
Oklahoma City, OK Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Oct 2023 | Nov 2023 | Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 | Oct 2024 |
| $705 | $737 | $737 | $754 | $775 | $775 | $780 | $780 | $842 | $877 | $1025 | $1000 | $1000 |
| $922 | $917 | $920 | $937 | $942 | $945 | $950 | $964 | $987 | $999 | $1011 | $1050 | $1050 |
| $1050 | $1050 | $1059 | $1082 | $1097 | $1114 | $1122 | $1124 | $1187 | $1232 | $1289 | $1332 | $1332 |
| $1374 | $1374 | $1499 | $1422 | $1399 | $1474 | $1424 | $1499 | $1499 | $1464 | $1550 | $1569 | $1569 |
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, Hilldale, where renters pay $700 on average for a 1-bedroom apartment, and Northridge, where the average 1-bedroom apartment rent goes for $737. If you're looking for other great deals, check out the listings in May-Penn ($749 for a 1-bedroom apartment) or Musgrave ($799 for a 1-bedroom apartment), compared to the $1,040 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 Mesta Park, where the average rent for a 1-bedroom apartment is just $1,550. offering similar apartments at an average of Downtown Oklahoma City, $1,496, and Deep Deuce, $1,412. For additional value-for-money options, consider Valencia ($1,359 for a 1-bedroom apartment) or Midtown ($1,352 for a 1-bedroom apartment). These prices represent a significant saving when compared to the Oklahoma City average for a 1-bedroom apartment, which stands at $1,040.
What are the most popular neighborhoods in Oklahoma City, OK?
The most popular neighborhoods in Oklahoma City are Mayfair West, where the average 1-bedroom apartment rent goes for $900, May-Penn, where renters pay $749 on average for a 1-bedroom apartment, and Woodland Park, where the average 1-bedroom apartment rent goes for $925. If you're looking for other popular neighborhoods, check out the listings in Youngs-Englewood ($800 for a 1-bedroom apartment) or Central Oklahoma City ($971 for a 1-bedroom apartment), compared to the $1,040 average for an Oklahoma City 1-bedroom apartment.
