The First Residences at First National
140 N Park Ave,
Oklahoma City, OK 73102
Studio - 3 Beds | $1,870 - $12,700
Rental Market Trends in Oklahoma City, OK
What is the average rent in Oklahoma City, OK?
$918/month
Average Rent
697 Sq Ft
Average Apartment Size
+2.1%
Increase in the Last Year
As of April 2025, the average rent in Oklahoma City, OK is $918 per month. This is 42% lower than the national average rent of $1,575/month, making renting in Oklahoma City more affordable than most cities in the US. When you rent an apartment in Oklahoma City, you can expect to pay about $855 per month for a studio, $918 for a one-bedroom apartment, and around $1,097 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,334 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Oklahoma City, OK?
In the past year, rent has increased by 2.1%, which averages out to $19 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2025
Legend
2024
2025
Rent Ranges in Oklahoma City, OK
Last Updated April 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
26%
Below $700/month
44%
$700 - $1,000/month
24%
$1,001 - $1,500/month
4%
$1,501 - $2,000/month
1%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Oklahoma City?
Based on current rent prices, Warwick Estates, Wilshire Ridge and Oakcliff-Parkview are the most affordable neighborhoods in Oklahoma City.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Oklahoma City?
Based on current rent prices, Automobile Alley, Mesta Park and Arts District are the most expensive neighborhoods in Oklahoma City.
Neighborhood
Average Rent
Average Sq Ft
Which Oklahoma City neighborhoods have the most rentals available?
The neighborhoods in Oklahoma City with the most apartments available are Downtown Oklahoma City, West Oklahoma City and Northeast Oklahoma City .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Oklahoma City, OK?
Because the average rent in Oklahoma City is $918, you’ll want to make about $3,060 per month or $36,720 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Oklahoma City, OK is 15.7% lower than the national average. Generally, housing in Oklahoma City is 35.6% less expensive than the national average, with rent falling between $855 - $1,334. You can expect to pay 6.0% less for groceries, 3.8% less for utilities, and 4.8% less for transportation.
How does Oklahoma City, OK compare to other nearby cities and neighborhoods?
Use the tool below to compare Oklahoma City, OK to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$1,154/month
One Bedroom
-
$1,524/month
Two Bedroom
-
$1,783/month
Three Bedroom
-
$2,770/month
Nearby City Rent Trends
Apartment communities in Oklahoma City we think you'll love
Property Management Companies in Oklahoma City, OK
Case & Associates
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66
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20,866
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22
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18 Communities in Oklahoma City
Vesta Capital
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39
Communities
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9,780
Units
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11
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Pro Residential Services, Inc.
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51
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6,855
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12
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Scott Group
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12
Communities
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638
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2
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Weidner Apartments Homes
-
112
Communities
-
32,418
Units
-
56
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10 Communities in Oklahoma City
National Property Management Associates, Inc.
-
52
Communities
-
8,474
Units
-
34
Cities
9 Communities in Oklahoma City
Greystar
-
3,222
Communities
-
893,960
Units
-
827
Cities
8 Communities in Oklahoma City
Lindsey Management Co, Inc
-
76
Communities
-
34,544
Units
-
34
Cities
8 Communities in Oklahoma City
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.
* Percentages may not total 100 due to rounding.