see also
studio apartments
one bedroom apartments for rent
two bedroom apartments for rent
furnished apartments for rent
houses for rent
pet friendly apartments for rent
FAQs
How much does it cost to live in Oklahoma City rent? ›
The average monthly rent in Oklahoma City is $991, while home prices circle around $376,108.
Is there a housing shortage in Oklahoma City? ›Across Oklahoma, there is a shortage of rental homes affordable and available to extremely low income households (ELI), whose incomes are at or below the poverty guideline or 30% of their area median income (AMI). Many of these households are severely cost burdened, spending more than half of their income on housing.
What is the cheapest place to live in Oklahoma? ›Okmulgee
With rental costs below the national average, Okmulgee stands as one of the most affordable cities to live in Oklahoma. The house rent price is between $790 – $9,900. Okmulgee offers a range of activities. You can enjoy concerts at the Visalia Fox Theatre or take a stroll through the delightful downtown area.
According to a study by gobankingrates.com, the income needed to live comfortably if you're a homeowner in Oklahoma City is $59,019.10. If you're a renter, you need to make $62,691.10 to live comfortably. The median income in Oklahoma City is $56,456, according to Go Banking Rates.
Why are Oklahoma houses so cheap? ›Real estate is at a surplus within Oklahoma, making it easier for families to afford larger homes for less. Further, gas prices are exceptionally low in Oklahoma, now more than ever. This vastly reduces two of the major expenditures of households within the United States.
Is Oklahoma City growing or Shrinking? ›Oklahoma City grew by about 1% between 2022 and 2023, adding 7,589 people. And between the 2010 and 2020 Censuses, Oklahoma City was one of 14 American cities that added more than 100,000 people.
Are home prices dropping in Oklahoma? ›The Oklahoma housing market isn't that competitive. The median home sales price in May 2024 has increased in the past 3 months to $250,800. That's down 0.9% and $2,400 lower than May 2023 of last year. That is lower than the national median home sales price of $439,716.
How much does it cost to live comfortably in Oklahoma? ›Average Cost of Living in Oklahoma: $38,650 per year
| Category | Average Annual Per-Capita Cost in Oklahoma |
|---|---|
| Health Care | $6,878 |
| Food and Beverages (non-restaurant) | $2,756 |
| Gas and Energy Goods | $1,345 |
| All Other Personal Expenditures | $21,358 |
It generally costs more to buy a home. However, depending on the housing market, your Tulsa, Oklahoma home may appreciate in value over time. You will also want to consider how long you intend to live on the property prior to buying the home.
Is it worth moving to Oklahoma City? ›Oklahoma City stands out for its affordable cost of living. Residents enjoy lower housing costs about $200,000 less than the national average. This makes it easier to find a spacious home without breaking the bank. Groceries, utilities, and transportation costs are also reasonably priced.
Is Oklahoma a low cost of living state? ›
As a single person, you'll need an annual income of $40,000 to cover basic expenses in the cheapest U.S. states, according to a recent SmartAsset analysis. The state with the lowest costs of living is West Virginia, closely followed by Arkansas and Oklahoma, the analysis says.