Oklahoma County, Oklahoma Housing Market Prices
Oklahoma County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 44% above the Oklahoma median More expensive than 91% of counties in Oklahoma$191,644
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Median rent 10% above the Oklahoma median Among the 3 most expensive counties in Oklahoma$1,115
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Oklahoma County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $191,644 | $133,462 | $248,835 |
| Price Trend (Annual %) | 6.5% | 5.4% | 7.5% |
| Median Gross Rent | $1,115 | $1,014 | $1,407 |
| Rent Trend (Annual %) | 4.4% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Oklahoma County is about 44% higher than in Oklahoma. Rent is about 10% higher than the Oklahoma average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Oklahoma County, up about 6.5% and 4.4% a year respectively. Home prices are changing faster.
Median rent in Oklahoma County rose about 43.2% between 2015 and 2024, from $779 to $1,115. Over the same span, rent in Oklahoma rose about 39.6%.
Affordability
On average, housing unit costs 2.9 yearly household incomes in Oklahoma County.
Buying the median-priced home in Oklahoma County costs roughly 14.3 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Oklahoma County. The price-to-rent ratio in Oklahoma is about 11.0.
| Metric | Oklahoma County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $191,644 | $133,462 | $248,835 |
| Median Household Income | $67,066 | $65,606 | $80,455 |
| Price-to-Income Ratio | 2.9 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Oklahoma County rose about 94.0%, while median household income rose about 57.2% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Oklahoma County | Oklahoma Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 52.9% | 57.9% | 58.5% |
| Rental Rate | 38.0% | 30.1% | 31.2% |
| Vacancy Rate | 9.0% | 12.0% | 10.2% |
| Median Tenure (years) | 13.0 | 14.0 | 15.0 |
| Median Year Moved In | 2013 | 2012 | 2011 |
Oklahoma County has a homeownership rate of 52.9%, lower than the Oklahoma average of 57.9%. Its housing vacancy rate is 9.0%, compared with 12.0% in Oklahoma.
Housing Stock
| Metric | Oklahoma County | Oklahoma Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.41 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1979 | 1981 | 1978 |
| Median Number of Rooms | 5.4 | 5.5 | 5.5 |
The typical housing unit in Oklahoma County was built around 1979. On average, 2.4 people live in a home with about 5.4 rooms, staying for about 13.0 years on average.
Oklahoma County, OK Housing Compared With Nearby Counties
Oklahoma County, OK is the largest of the 4 counties compared here, 805,901 residents against a local median of 73,462. Where Oklahoma County, OK breaks from the counties next to it is median rent, sitting 25% above the local median of $894 at $1,115.
Median home price tells the same story from another angle: $191,644 against a local median of $157,894, 21% above it. The one measure here that carries a verdict is homeownership, and at 17% below the local median it puts Oklahoma County, OK at the weaker end of the local range. The counties themselves spread $276 on median rent, so Oklahoma County, OK sits at one end of an already wide local range rather than apart from it. Oklahoma County, OK has the 2nd highest median rent of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Oklahoma County, OK | 805,901 | $191,644 #2/4 | $1,115 #2/4 | 58.2% #4/4 |
| Cleveland County, OK | 300,046 | $240,311 | $1,166 | 63.9% |
| Logan County, OK | 51,938 | $48,095 | $890 | 85.2% |
| Pottawatomie County, OK | 73,462 | $157,894 | $894 | 70.4% |
Frequently Asked Questions
Common questions about the housing market in Oklahoma County, Oklahoma.
What is the median home price in Oklahoma County, Oklahoma?
The median home price in Oklahoma County, Oklahoma is $191,644, higher than the Oklahoma average of $133,462.
What is the average home price in Oklahoma County, Oklahoma?
The typical home price in Oklahoma County, Oklahoma, reported as the median sale price, is $191,644. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Oklahoma County, Oklahoma?
The median gross rent in Oklahoma County, Oklahoma is $1,115 per month, higher than the Oklahoma average of $1,014.
What was the median gross rent in Oklahoma County in 2020?
In 2020, the median gross rent in Oklahoma County, Oklahoma was $881 per month.
What is the price-to-rent ratio in Oklahoma County, Oklahoma?
The price-to-rent ratio in Oklahoma County, Oklahoma is about 14.3, meaning it would take roughly 14.3 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Oklahoma County.
Are home prices or rent rising faster in Oklahoma County, Oklahoma?
Both home prices and rent are rising in Oklahoma County, up about 6.5% and 4.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Oklahoma County, Oklahoma?
52.9% of households in Oklahoma County, Oklahoma own their home, lower than the Oklahoma average of 57.9%.
What is the vacancy rate in Oklahoma County, Oklahoma?
The housing vacancy rate in Oklahoma County, Oklahoma is 9.0%, lower than the Oklahoma average of 12.0%.
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