5 Apartments under 500 for rent in Tulsa, OK

Last updated November 17 at 8:13pm UTC
16 S Birmingham Avenue
Kendall-Whittier
Tulsa, OK
Updated October 3 at 2:48am UTC
1 Bedroom
$450
719 S Troost Avenue
Central Park
Tulsa, OK
Updated November 17 at 5:53pm UTC
1 Bedroom
$495
Results within 5 miles of Tulsa, OK
123 S Linden St.
Sapulpa
Sapulpa, OK
Updated November 16 at 12:11pm UTC
1 Bedroom
$450
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November 2017 Tulsa Rent Report

Welcome to the November 2017 Tulsa Rent Report. Tulsa rents declined over the past month. In this report, we'll evaluate trends in the Tulsa rental market, including comparisons to similar cities nationwide.

View full Tulsa Rent Report
Rent Report
Tulsa

November 2017 Tulsa Rent Report

Welcome to the November 2017 Tulsa Rent Report. Tulsa rents declined over the past month. In this report, we'll evaluate trends in the Tulsa rental market, including comparisons to similar cities nationwide.

Tulsa rents declined slightly over the past month

Tulsa rents have declined 0.2% over the past month, but are up moderately by 2.6% in comparison to the same time last year. Currently, median rents in Tulsa stand at $640 for a one-bedroom apartment and $830 for a two-bedroom. Tulsa's year-over-year rent growth leads the state average of 0.4%, but trails the national average of 2.7%.

Tulsa rents more affordable than many large cities nationwide

As rents have increased moderately in Tulsa, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Tulsa is still more affordable than most large cities across the country.

  • Tulsa's median two-bedroom rent of $830 is below the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 2.6% rise in Tulsa.
  • While Tulsa's rents rose moderately over the past year, some cities nationwide saw decreases, including New York (-0.2%) and Miami (-0.2%).
  • Renters will find more reasonable prices in Tulsa than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is more than three-and-a-half times the price in Tulsa.

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.