126 Cheap Apartments for rent in Edmond, OK

Last updated September 21 at 1:16PM
525 Wild Wind Rd
Meadow Lakes
Edmond, OK
Updated September 18 at 2:28AM
2 Bedrooms
$710
Results within 5 miles of Edmond, OK
225 NW 89th St
North Highland
Oklahoma City, OK
Updated September 21 at 1:38AM
3 Bedrooms
$695
11130 Stratford Dr
Oklahoma City
Oklahoma City, OK
Updated September 17 at 5:57PM
2 Bedrooms
$750
320 NW 84th St
North Highland
Oklahoma City, OK
Updated September 18 at 2:24AM
3 Bedrooms
$690
1300 NW 83rd St
Britton
Oklahoma City, OK
Updated August 30 at 11:18PM
3 Bedrooms
$750
11327 N May Avenue Apartment B
Oklahoma City
Oklahoma City, OK
Updated August 31 at 12:31PM
1 Bedroom
$675
260 NW 83rd St
North Highland
Oklahoma City, OK
Updated September 19 at 10:27AM
3 Bedrooms
$750
11560 N May Ave
Camelot Bel-Aire
Oklahoma City, OK
Updated September 21 at 1:20AM
1 Bedroom
$650
735 NW 96th St
Britton
Oklahoma City, OK
Updated September 21 at 10:15AM
2 Bedrooms
$650
1000 NW 88th St
Britton
Oklahoma City, OK
Updated September 1 at 1:47AM
2 Bedrooms
$595
201 E 4th St
Capitol View
Edmond, OK
Updated September 21 at 10:17AM
1 Bedroom
$625
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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.