Oklahoma Rent Trends (2026)

Stable

Oklahoma maintains very affordable pricing

+2.5%
Year-over-Year
+12%
5-Year Change
$1,244
Current Avg 2BR
$1,275
Projected 2027

Oklahoma Market Outlook: Stable

Oklahoma's rental market remains stable and affordable. Oklahoma City has seen modest growth with corporate investments, while Tulsa maintains very affordable prices.

Expect relatively stable rent prices

Key Factors

  • Cost of Living Index: 87 (below national avg)
  • Housing Index: 72
  • Metro Areas Tracked: 1
  • Rent Range: $1,244 - $1,244

Oklahoma Rent History & Projections

2021 (Est.)
$1,111
5 years ago
2026 (Current)
$1,244
today
2027 (Proj.)
$1,275
+2.5%
2031 (Proj.)
$1,407
if trend continues

Note: Projections are estimates based on current trends and may vary based on economic conditions, policy changes, and market dynamics. Past performance does not guarantee future results.

Oklahoma Cost of Living Breakdown

Among the most affordable states

87
Overall Index
72
Housing
98
Utilities
95
Groceries
93
Transportation

Index values: 100 = national average. Below 100 = cheaper than average. Above 100 = more expensive.

Oklahoma Metro Areas by Rent

Compare rent across 1 Oklahoma cities

CityStudio1 Bed2 Bed3 Bedvs State Avg
Oklahoma City, OK$939$1,017$1,244$1,6750%

Tips for Oklahoma Renters

Build Landlord Relationships

In stable markets, good tenant-landlord relationships can lead to minimal rent increases and better treatment over time.

Plan for Modest Increases

Even in stable markets, expect 2-4% annual increases. Budget accordingly and maintain good payment history for negotiating power.

Consider Alternatives

Oklahoma's cheapest city (Oklahoma City) offers 2BR at $1,244/mo vs $1,244/mo in Oklahoma City.

Factor in Total Costs

Remember that Oklahoma's cost of living index is 87. Lower rent plus lower overall costs means more purchasing power.