Average Rent in Oklahoma City, OK

Oklahoma City has one of the best rent-to-income ratios in America. Energy, aerospace, and military drive the economy. The Bricktown revival and Thunder NBA team have energized downtown living.

+2.0%YoY
Studio
$700
1-Bedroom
$850
2-Bedroom
$1,050
3-Bedroom
$1,300

Market Overview

Year-over-Year Change+2.0%
Vacancy Rate8%
Renter Population40%
Median Income$54,034/yr
Rent-to-Income Ratio18.9%
Cost of Living Index82 (US avg: 100)

Market Condition

Balanced Market

Market is relatively balanced between landlords and tenants.

Tenant Protections

  • Oklahoma Residential Landlord Tenant Act
  • No rent control statewide
  • Security deposit return within 45 days
  • Landlord must maintain premises in habitable condition

Rent by Neighborhood in Oklahoma City

Bricktown

Entertainment district with canal, restaurants, and Thunder arena.

Walk Score: 72Safety: 7/10
1-Bed
$1,100
2-Bed
$1,350
3-Bed
$1,650

Midtown

Growing area with new apartments, restaurants, and streetcar.

Walk Score: 65Safety: 6/10
1-Bed
$1,000
2-Bed
$1,250
3-Bed
$1,500

Paseo Arts District

Galleries, studios, and First Friday art walks.

Walk Score: 45Safety: 5/10
1-Bed
$850
2-Bed
$1,050
3-Bed
$1,300

Nichols Hills

Upscale enclave with shopping and established neighborhoods.

Walk Score: 25Safety: 9/10
1-Bed
$1,200
2-Bed
$1,500
3-Bed
$1,850

Tips for Renting in Oklahoma City

  • 1OKC has one of the lowest costs of living for a major city
  • 2Tornado season (April-June) is real - check if your apartment has a shelter
  • 3OKC streetcar connects Bricktown, Midtown, and downtown
  • 4Energy sector jobs offer high pay relative to local costs

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FareRent provides data for informational purposes only and does not constitute financial, legal, or real estate advice. Rent estimates are based on available market data and may not reflect your exact situation. Always verify independently before making housing decisions.