Oklahoma City
Oklahoma · Ranked #213 of 373 metros
72Affordable
💡
Housing in Oklahoma City costs 3.49× the median income, below the national average of 4.5×. The median home price is $244K and median rent is $1,140/month. Oklahoma City ranks #213 of 373 metros for affordability.
Median Home Price
🏠$244K
Need $62K income
Median Rent
🔑$1,140
Need $42K income
Housing Shortage
📉15,000
units needed
Building Permits
🔨7,707
annual
Median Income
💰$70K
Pop: 1,425,148
Rent Burden
⚠️28.0%
of renters paying >30%
Price Change (YoY)
📈+3.5%
Homeownership
🏡62.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Oklahoma City | National |
|---|---|---|
| Price-to-Income Ratio | 3.49x | 6.1x |
| Rent Burden | 28.0% | 31.5% |
| Homeownership Rate | 62.0% | 65.5% |
| YoY Price Change | +3.5% | +3.5% |
| YoY Rent Change | +2.8% | +2.8% |
| Mortgage Denial Rate | 14.0% | 13.5% |
| Eviction Rate | 5.8% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +54.3%Since 2000: +177.8%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$939/mo
1 Bedroom$1,017/mo
2 Bedroom$1,244/mo
3 Bedroom$1,675/mo
4 Bedroom$1,857/mo
Zillow Market Data
Home Value (ZHVI)
$241K
1yr: +0.9%5yr: +32.6%
Rent (ZORI)
$1,359/mo
1yr: +2.4%5yr: +28.1%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$270K
Active Inventory
5,438
Days on Market
68
Sold Above List
17.9%
Price Drops
24.7%