18 Apartments under 500 for rent in Edmond, OK

Last updated September 23 at 5:32PM
Results within 5 miles of Edmond, OK
11339 N May Ave #E
Oklahoma City
Oklahoma City, OK
Updated August 25 at 10:05AM
Studio
$499
Results within 10 miles of Edmond, OK
343 SE 44th St
Oliver Park South
Oklahoma City, OK
Updated September 23 at 1:42AM
1 Bedroom
$450
3801 N Geraldine Ave
Oklahoma City
Oklahoma City, OK
Updated September 22 at 7:05PM
1 Bedroom
$475
3803 N Geraldine Ave
Oklahoma City
Oklahoma City, OK
Updated September 23 at 5:32PM
1 Bedroom
$475
3805 N Geraldine Ave
Oklahoma City
Oklahoma City, OK
Updated September 22 at 7:05PM
1 Bedroom
$475
3909 N Rockwell Ave
Bethany
Bethany, OK
Updated September 18 at 2:25AM
Studio
$300
5825 NW 34th St
Oklahoma City
Oklahoma City, OK
Updated September 21 at 6:19PM
1 Bedroom
$495
3909 N Rockwell Ave
Bethany
Bethany, OK
Updated September 18 at 2:25AM
2 Bedrooms
$450
2136 N Kelham Ave
Ross Heights
Oklahoma City, OK
Updated September 21 at 6:06PM
2 Bedrooms
$485
605 SW 34th St
Capitol Hill
Oklahoma City, OK
Updated September 21 at 1:51AM
1 Bedroom
$450
819 N key Blvd
Atkinson Heights
Midwest City, OK
Updated September 21 at 5:49PM
1 Bedroom
$485
105 SE 42nd St
Oliver Park South
Oklahoma City, OK
Updated September 23 at 5:30PM
2 Bedrooms
$425
2116 SW 51st St
Oklahoma City
Oklahoma City, OK
Updated September 21 at 1:38AM
1 Bedroom
$495
7305 Melrose Ln
Oklahoma City
Oklahoma City, OK
Updated September 23 at 5:29PM
2 Bedrooms
$450
Results within 20 miles of Edmond, OK
127 SW 45th St
South Walker
Oklahoma City, OK
Updated September 21 at 1:38AM
2 Bedrooms
$475
3815 N Geraldine Ave
Oklahoma City
Oklahoma City, OK
Updated September 22 at 7:05PM
1 Bedroom
$475
315 Babb
Atkinson Heights
Midwest City, OK
Updated September 21 at 10:33AM
1 Bedroom
$450
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Rent Report
Edmond

September 2017 Edmond Rent Report

Welcome to the September 2017 Edmond Rent Report. In this report, we'll evaluate trends in the Edmond rental market, including comparisons to similar cities nationwide.

Edmond rents increased marginally over the past month

Edmond rents have increased 0.1% over the past month, but are down marginally by 0.8% in comparison to the same time last year. Currently, median rents in Edmond stand at $820 for a one-bedroom apartment and $1,040 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in June. Edmond's year-over-year rent growth lags the state average of 0.5%, as well as the national average of 3.0%.

Edmond rents more affordable than many large cities nationwide

As rents have fallen in Edmond, many large cities nationwide have seen prices increase, in some cases substantially. Edmond is still more affordable than most large cities across the country.

  • Edmond's median two-bedroom rent of $1,040 is below the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 0.8% decline in Edmond.
  • While rents in Edmond fell over the past year, many cities nationwide saw increases, including Seattle (+5.4%), Phoenix (+4.9%), and Denver (+3.0%).
  • Renters will find more reasonable prices in Edmond than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is nearly three times the price in Edmond.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.