Is Oklahoma City, OK, Affordable for Renters? [2025]

Yes, Oklahoma City remains an affordable option for renters in 2025. With a median rent of $1,094, it comes in well below the national average of $1,401, giving renters roughly 22% in monthly savings compared to major U.S. cities.

Transportation costs are also relatively low in OKC, thanks to shorter commutes, cheaper gas, and fewer toll roads. These savings make a noticeable difference when added to already modest housing costs.

When you factor in rent, transit, and daily expenses, Oklahoma City stands out as one of the most budget-friendly large metros in the U.S., especially for renters looking to maximize space without breaking the bank. Keep reading to see what you can expect in 2025.

What Are the Current Trends in Oklahoma City’s Rental Market?

Oklahoma City started 2025 as the most affordable rental market among the 50 largest U.S. metros. In August, the typical rent for a one-bedroom unit is just $1,153, representing only 16.7% of household income, well under the recommended 30% threshold.

Rent growth has been modest. The city saw a slight 0.8% year‑over‑year increase in median rent, with rents ticking up month‑to‑month.

With that said, the influx of new supply did put gentle downward pressure on pricing. Between 2023 and mid‑2025, OKC added nearly 6,848 new units across 34 developments, helping supply keep pace with demand and cooling rent increases. Vacancy rates remain healthy at around 10.8% in Q1 2025, per Colliers data, which suggests renters still have options and incentive power.

Looking ahead, rent growth is expected to pick up slightly in the latter half of 2025, forecasting 2–3% annual growth, with mid‑tier and lower‑tier properties growing a bit faster than Class A units (which may rise to about $1,320 by year‑end).

Local job stability and relatively low for‑sale affordability in the metro keep renters in place. With median home prices reaching $230K–$285K, many stay in rentals longer, fueling steady demand, even as building ramps up

Bottom line: Oklahoma City is the next level of affordability compared to most southern and southwestern metros. Even with a modest uptick in rents expected, Oklahoma City remains one of the rare metros where rent is a fraction of average income, and a place where supply growth is keeping pricing in check.

Average Rent Prices in Oklahoma City, OK

Rent in Oklahoma City is budget-friendly, but like most metros, what you pay depends on location, unit size, and building age. Here’s a snapshot of what renters are paying in 2025:

What is the Average Rent of a One-Bedroom Apartment in Oklahoma City?

As of July 2025, the average rent for a one-bedroom apartment in Oklahoma City is $1,153, about 34% below the national average. That’s a serious break for your budget, especially if you’re coming from a pricier metro.

Newer buildings in areas like Downtown or Quail Creek typically cost more, especially if they include perks like covered parking, in-unit laundry, or rooftop lounges. But head a little farther out, to neighborhoods like Capitol Hill or Greenvale, and you’ll find well-kept one-bedrooms in the $900–$1,050 range.

What is the Average Rent of a Two-Bedroom Apartment in Oklahoma City?

The average rent for a two-bedroom apartment in Oklahoma City is $1,482, a 32.5% savings compared to the national average of $2,194.

Two-bedroom rentals are a sweet spot for roommates, remote workers, and small families looking to stretch out without stretching their wallets. In OKC, $1,500 goes a long way—you’ll find everything from newer units with smart-home features to older properties with plenty of square footage and charm.

Want to go even lower? In some outer neighborhoods, two-bedrooms are still renting for under $1,200.

How Much Rent Can I Afford in Oklahoma, City?

Okla­homa City is one of the most renter-friendly large cities in the U.S., with the average one‑bedroom rent around $1,153/month, it ranks among the most affordable big metros in 2025. That comes with steady job markets, a growing downtown, and low cost of living.

Here’s how OKC stacks up against other U.S. cities in 2025, factoring both rent and overall cost of living (using a U.S. average cost of living index of 100):

*Cost of Living Index (U.S. average = 100) data sourced from BestPlaces.

All in all, OKC offers big‑city benefits, including arts, jobs, and revitalized neighborhoods, with a smaller‑city price tag.

The 30% Rule

One of the simplest rent rules? Don’t spend more than 30% of your gross monthly income on rent. If you bring in $4,500 before taxes, that caps your rent at around $1,350. In a city like OKC, where the average one-bedroom goes for under $1,200, this rule isn’t just doable. It’s realistic. While it’s not one-size-fits-all, it’s a solid starting point if you’re budgeting for a move.

The 50/30/20 Rule

This method splits your take-home pay into three easy buckets:

• 50% for needs (rent, groceries, transit)
• 30% for wants (yes, that coffee subscription counts)
• 20% for savings or debt

Rent fits in the “needs” slice, so it shouldn’t eat the whole half. If your post-tax paycheck is $4,000, try to keep all your essentials (including rent) under $2,000 total. With Oklahoma City’s relatively low cost of living, that’s often easier here than in most major metros.

The 3x Rent Rule

Many landlords follow the “three times the rent” rule when screening applicants. That means your gross income should be at least 3x your monthly rent.

For a $1,200 apartment in OKC, that’s $3,600/month in income. It’s a quick test of affordability, and in a lower-rent market like this one, it often works in renters’ favor.

How Does the Overall Cost of Living in Oklahoma City Compare to the National Average?

Oklahoma City is one of the most budget-friendly big metros in the U.S.—and it doesn’t just stop at rent. According to Payscale data, Oklahoma City has a cost of living that’s about 18% lower than the national average.

Are Utilities and Other Expenses Affordable in Oklahoma City?

When it comes to monthly bills, Oklahoma City keeps things manageable. The average total for essential utilities—including electricity, gas, water, and fuel, is $264.15/month, just slightly above the national renter average of $240.57, according to internal Apartment List data.

Electricity in OKC averages around $158/month, slightly higher than the national norm, but gas and water remain relatively average.

Other monthly essentials to budget for:

• Internet: Around $67/month on average
• Transportation: While public transit is growing, most residents rely on personal vehicles, so low gas prices matter

How Does the Cost of Renting Vary By Neighborhood in Oklahoma City?

Where you live in OKC makes a big difference in what you’ll pay. Here’s a snapshot of average one‑ and two‑bedroom rents across a variety of neighborhoods, from high-end Downtown to more budget-friendly corners of the city:

Note: We used internal data and cross-referenced with neighborhood data from Apartments.com and Rent.com to give you the most accurate snapshot of rents across Oklahoma City as of August 2025.

Rent in Oklahoma City’s Cheapest Neighborhoods

Hunting for a place that won’t wreck your budget? Oklahoma City has several neighborhoods where rent stays well below the city average. You won’t find luxury towers or rooftop pools, but you will find solid space, quieter streets, and major value. From Greenvale to Hilldale, these are the spots where your rent check stretches furthest.

Greenvale

One of the most affordable pockets in the entire metro, Greenvale is ideal for renters who want to keep costs down without leaving city limits. Many units are in older, well-kept complexes, with rents that undercut OKC’s average by hundreds.

While you won’t find luxe amenities, you will find easy access to I-240, grocery options, and a straightforward commute to central OKC. For renters prioritizing price over polish, Greenvale delivers.

Cloverleaf

Tucked away in southeast OKC, Cloverleaf is a quiet, residential area where families and longtime locals value space and affordability. Rents here are among the lowest in the city, especially for two- and three-bedroom units.

While housing stock trends older, the neighborhood has easy access to schools, local parks, and everyday shopping. If you’re looking for a no-frills, budget-conscious spot with a slower pace, Cloverleaf checks the box.

Hilldale

Hilldale offers renters solid value near the city’s core, with average rents well below OKC’s citywide average. It’s a great fit for commuters or first-time renters who want to be close to downtown without paying downtown prices.

You’ll find mostly low-rise apartment complexes and older single-family rentals, plus convenient access to major roads like I-35 and SE 29th Street. Simple, straightforward, and easy on the wallet.

Lansbrook

Located in far northwest OKC, Lansbrook combines suburban calm with some of the metro’s most affordable rent prices, especially for larger units. It’s popular with renters who want more space, backyard potential, and easy access to greenbelt areas. While amenities may vary, you’ll find family-friendly streets, proximity to schools, and quick access to Hefner Parkway. Think laid-back and low cost.

Northwest Oklahoma City

This sprawling section of OKC includes a mix of aging apartments, single-family homes, and townhomes, all priced below the city average. It’s a solid middle-ground option for renters who want quick access to shopping centers, restaurants, and everyday conveniences without paying premium rents. With nearby routes like NW Expressway and I-44, it’s also well-suited for commuters and remote workers alike.

Rent in Oklahoma City’s Most Expensive Neighborhoods

Oklahoma City is known for affordability, but some neighborhoods come with a premium price tag. Whether it’s walkable restaurants, modern finishes, or skyline views, these areas deliver high-end living (and higher rents to match). Here are a few of the priciest places to rent in OKC right now.

Downtown Oklahoma City

Downtown OKC is the heart of the city’s business and entertainment scene, and rent prices reflect it. Think skyline views, high-rise buildings, and walkable access to offices, bars, and venues.

Apartments here often come with modern finishes, secure parking, and luxe amenities. It’s the go-to spot for professionals who want to skip the commute and live steps from everything.

Midtown

Midtown blends historic charm with a buzzy, creative vibe. Popular with young professionals and artists, this district is packed with restaurants, indie shops, and a thriving nightlife.

Many rentals are renovated vintage buildings or boutique-style complexes, often with character-rich details and updated interiors. Expect premium pricing for the convenience and character, and a front-row seat to OKC’s cultural scene.

Valencia

Valencia offers a newer, suburban feel without sacrificing city access. Located in far northwest OKC, it’s ideal for families and remote professionals who want more space and modern design.

Expect contemporary townhomes and homes-for-rent, greenbelt access, and a strong sense of community. Rents trend higher here, but so does quality of life, especially if you’re trading square footage for serenity.

Britton

Britton is a small but up-and-coming neighborhood just north of Nichols Hills. It’s a quirky, residential area with unique homes, tree-lined streets, and quick access to major employers and retail corridors. While not as flashy as Downtown or Bricktown, Britton’s charm, central location, and character-rich rentals give it premium appeal.

Bricktown

OKC’s go-to for entertainment, Bricktown is packed with restaurants, bars, the canal, and event venues. It’s a hotspot for renters who want to be in the middle of the action.

Apartment options include loft-style units, renovated warehouses, and modern complexes, many priced above average. If your ideal night starts with happy hour and ends with a short walk home, Bricktown delivers.

What is a Comfortable Salary for a Renter in Oklahoma City?

To comfortably afford Oklahoma City’s average one-bedroom rent of $1,153, you’d need to earn about $46,120 per year (or $3,843 per month) before taxes, following the 30% rent-to-income guideline.

That’s still well below what’s needed in most major cities—and it lines up with local livable wage estimates, which fall between $45,000 and $52,000, depending on your expenses and lifestyle.

That said, you don’t need a high salary to make it work. Renting in lower-cost neighborhoods like Cloverleaf or Greenvale, sharing a two-bedroom, or scaling back to a smaller unit can make OKC even more affordable. With smart choices, many renters manage comfortably on $38,000 to $45,000 a year.

Are There Hidden Costs to Renting in Oklahoma City?

Rent is just part of the monthly puzzle—there are a handful of extra costs that can sneak up on you if you're not budgeting for them. Here's what to watch out for in OKC:

Beyond monthly rent, many extra expenses can catch renters off guard when they’re budgeting:

• Renter’s Insurance: Most landlords require it, and policies average around $17–$22/month in Oklahoma. It’s affordable peace of mind—and often needed to get your keys.
• Application & Admin Fees: Expect to pay $30–$75 per application, plus another $100–$200 in administrative fees at lease signing.
• Parking & Amenities: Reserved parking spots can cost $30–$75/month, while garages may go up to $125/month. Some properties charge extra for access to pools, gyms, or storage units.
• Pet Fees: Most rentals ask for a pet deposit ($200–$400) and monthly pet rent ($15–$40 per pet). Breed restrictions and limits often apply.
• Moving Costs: A local move in OKC runs $300–$1,200, depending on how much stuff you have. Full-service movers charge around $75–$125/hour, and long-distance moves can add up fast.
• Security Deposits: Typically equal to one month’s rent, so if your place costs $1,150, expect to pay that upfront. Some landlords may also ask for the last month’s rent in advance.
• Miscellaneous Fees: Keep an eye out for small but frequent “junk fees”—like valet trash, pest control, package lockers, or lease processing add-ons. They can tack on $10–$50/month, and often aren’t mentioned until lease signing.

What Are the Best Ways to Save on Rent in Oklahoma City?

Oklahoma City’s rental market is relatively affordable, but that doesn’t mean you can’t still save. Whether you’re relocating or just looking to stretch your budget, here are smart strategies to cut costs when renting in OKC:

1. Tap Into Local Housing Support

Programs like the Oklahoma Housing Finance Agency (OHFA) offer rental assistance, utility support, and deposit help during financial emergencies. These resources can be a game-changer if you're facing a gap in income or need help securing a lease.

2. Time Your Lease Right

Landlords are often more flexible during slower rental months, typically late fall through early winter. If you can move in November or December, you may score move-in specials, reduced deposits, or waived fees, especially in new developments or units that have sat longer on the market.

3. Split a Two-Bedroom

With average two-bedroom rent in OKC around $1,482, sharing a unit with a roommate can bring your housing costs down significantly. Neighborhoods like Capitol Hill, Hilldale, or Northwest OKC often have affordable larger units perfect for co-living.

4. Look for Everyday Value

Skip the rooftop pools and focus on essentials. Living closer to work, public transit, or grocery stores can save you hundreds per month in gas and time. Bonus: older buildings in central neighborhoods often have bigger layouts for less rent.

5. Budget for Move-In Costs

Between deposits, pet fees, movers, and application charges, move-in costs can easily exceed $2,000. Set aside a cushion ahead of time so you’re ready to act fast when the right place pops up.

6. Know Your Rights as a Renter

Oklahoma law doesn’t limit security deposits, but it does require landlords to return them within 45 days. Understanding state-specific rules can protect your wallet from shady fees or lease traps. When in doubt, check with local tenant advocacy groups or the Oklahoma Bar Association for guidance.

Find an Apartment in Oklahoma City, OK

Skip the endless scrolling and get matched with a place that actually fits. Whether you're eyeing a budget-friendly spot in Greenvale, something walkable in Midtown, or a high-rise in Downtown OKC, this city has options for every budget and lifestyle.

Take Apartment List’s quick quiz to get matched with apartments based on your timeline, must-haves, and vibe. It only takes a few minutes—and it might save you weeks of searching.

Is Oklahoma City Affordable for Renters? FAQs

Is Renting Cheaper Than Buying a Home in Oklahoma City?

In most cases, yes, especially if you’re not ready to settle down long-term. While OKC’s home prices are 38% lower than the national average, buying still comes with added costs like maintenance, insurance, and property taxes. Renting offers more flexibility, lower upfront expenses, and less financial risk if you're not staying put for 5+ years.

Is Oklahoma City’s Rental Market Competitive?

Compared to bigger metros, OKC is relatively relaxed, but demand is growing, especially in popular spots like Midtown, Downtown, and Chisholm Creek. While new construction has helped, well-priced listings in walkable areas can still move fast. If you’ve got your eye on something, act quickly and keep your paperwork ready.

What’s a Livable Wage in Oklahoma City?

According to MIT’s Living Wage Calculator, a single adult in OKC needs to earn around $20.95/hour, or roughly $43,576 per year, to cover basic living expenses without strain. If you’re supporting others or have high fixed costs, aim higher to keep your budget balanced.

What If I’m Struggling to Afford Rent in OKC?

You’ve got options. Consider renting in lower-cost neighborhoods like Hilldale, Capitol Hill, or Cloverleaf, or splitting a two-bedroom to cut costs. You can also look into local rental aid programs through groups like Community Cares Partners or OHFA. Moving during the off-season (late fall or winter) might land you a better deal, too.

Are Utilities Included in Rent in Oklahoma City?

Usually not. Most OKC rentals have tenants pay for electricity, gas, water, internet, and sometimes trash. Occasionally, water or pest control might be included, but always ask upfront and read the lease carefully so you’re not caught off guard when the first bill hits.