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These days, finding an affordable place to live in the Oklahoma area can be challenging. Home prices in Oklahoma are now at a median cost of $210,566, lower than the the United States average of $419,293.
The average cost of rent is $1,127/mo in Oklahoma, primarily driven by the current value of real estate in the Oklahoma area. In Oklahoma, 34.21% of households rent, and 46.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oklahoma is $6,199 per month. Households that rent pay about 18.18% of their income on rent here. Oklahoma’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the state.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby States
States with Similar Populations
- Colorado: higher priced homes
- Connecticut: higher priced homes
- Delaware: higher priced homes
- District of Columbia: higher priced homes
- Georgia: higher priced homes
- California: higher priced homes
- Puerto Rico: less expensive homes
- New Hampshire: higher priced homes
- Pennsylvania: higher priced homes
- Oregon: higher priced homes
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