Oklahoma City

Oklahoma · Ranked #5 of 102 metros

72Affordable

Median Home Price

🏠

$215K

Need $62K income

Median Rent

🔑

$1K

Need $42K income

Housing Shortage

📉

15,000

units needed

Building Permits

🔨

10,000

annual

Median Income

💰

$59K

Pop: 1,425,148

Rent Burden

⚠️

28.0%

of renters paying >30%

Price Change (YoY)

📈

+3.5%

Homeownership

🏡

63.5%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricOklahoma CityNational
Price-to-Income Ratio3.7x6.1x
Rent Burden28.0%31.5%
Homeownership Rate63.5%65.5%
YoY Price Change+3.5%+3.5%
YoY Rent Change+2.8%+2.8%
Mortgage Denial Rate14.0%13.5%
Eviction Rate5.8%3.6%