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41 Cheap Apartments for rent in Norman, OK

Last updated September 24 at 12:42am UTC
1710 Virginia
Norman
Norman, OK
Updated September 22 at 1:24pm UTC
1 Bedroom
$595
616 Welston Cir
Norman
Norman, OK
Updated September 15 at 5:42pm UTC
2 Bedrooms
$625
618 Welston Cir
Norman
Norman, OK
Updated September 15 at 5:42pm UTC
2 Bedrooms
$625
1914 Twisted Oak Drive
Norman
Norman, OK
Updated September 1 at 9:58am UTC
2 Bedrooms
$625
Results within 5 miles of Norman, OK
1312 N Norman Ave
Oklahoma City
Oklahoma City, OK
Updated September 23 at 1:06pm UTC
1 Bedroom
$575
901 Maguire Rd
Noble
Noble, OK
Updated September 8 at 5:28pm UTC
1 Bedroom
$439
City Heights South
717 Santa Rosa Drive
Oklahoma City, OK
Updated September 24 at 12:05am UTC
1 Bedroom
$575
2 Bedrooms
$655
3 Bedrooms
$819
Results within 10 miles of Norman, OK
1292 W I 240 Service Rd
1292 W I 240 Service Rd
Oklahoma City, OK
Updated September 23 at 11:43pm UTC
1 Bedroom
$540
2 Bedrooms
$575
Cinnamon Square
6624 S May Ave
Oklahoma City, OK
Updated September 23 at 11:43pm UTC
1 Bedroom
$515
2 Bedrooms
$630
Brickell II
1294 Southwest 74th Street
Oklahoma City, OK
Updated September 20 at 2:41pm UTC
1 Bedroom
$585
2 Bedrooms
$685
2720 SW 74th St
Meadowcliff
Oklahoma City, OK
Updated September 22 at 6:32pm UTC
2 Bedrooms
$595
1609 SE 62nd St
Oklahoma City
Oklahoma City, OK
Updated September 20 at 1:11am UTC
2 Bedrooms
$595
124 NE 23rd St
Oklahoma City
Oklahoma City, OK
Updated August 24 at 2:41am UTC
2 Bedrooms
$595
5815 S Sunnylane Rd
Oklahoma City
Oklahoma City, OK
Updated September 19 at 7:00pm UTC
2 Bedrooms
$485
528 University Blvd
University
Norman, OK
Updated September 19 at 12:36pm UTC
1 Bedroom
$495
801 Cartwright Dr
Noble
Noble, OK
Updated September 19 at 9:37am UTC
2 Bedrooms
$595

September 2018 Norman Rent Report

Welcome to the September 2018 Norman Rent Report. Norman rents remained steady over the past month. In this report, we'll evaluate trends in the Norman rental market, including comparisons to similar cities nationwide.

View full Norman Rent Report
Rent Report
Norman

September 2018 Norman Rent Report

Welcome to the September 2018 Norman Rent Report. Norman rents remained steady over the past month. In this report, we'll evaluate trends in the Norman rental market, including comparisons to similar cities nationwide.

Norman rents held steady over the past month

Norman rents have remained steady over the past month, but are down significantly by 2.1% year-over-year. Currently, median rents in Norman stand at $630 for a one-bedroom apartment and $800 for a two-bedroom. Norman's year-over-year rent growth lags the state average of -0.3%, as well as the national average of 1.0%.

Norman rents more affordable than many large cities nationwide

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

  • Norman's median two-bedroom rent of $800 is below the national average of $1,180. Nationwide, rents have grown by 1.0% over the past year compared to the 2.1% decline in Norman.
  • While rents in Norman fell significantly over the past year, many cities nationwide saw increases, including Phoenix (+2.5%), Atlanta (+1.5%), and San Francisco (+1.1%).
  • Renters will find more reasonable prices in Norman than most large cities. For example, San Francisco has a median 2BR rent of $3,100, which is more than three-and-a-half times the price in Norman.

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.