Bethany, Oklahoma Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Bethany, Oklahoma rental market.
Bethany, Oklahoma
Average Apartment Rent
$859
Y-o-Y Change in Average
Apartment Rent
9.3%
As of November 2024
Compared to a year ago, Bethany, Oklahoma apartments have recorded a 9.3% rent increase.
Bethany, Oklahoma Average apartment rent trend
Bethany, Oklahoma Average Apartment Rent
Bethany, Oklahoma Apartment rent ranges
At 64.39%, apartments priced $700 - $1000 represent the bulk of Bethany, Oklahoma rentals, while condos priced Under $500 hold the lowest share of the market – 3.06%.
Bethany, Oklahoma Housing tenure**
Renters take up 48% of Bethany, Oklahoma real estate, occupying a total of 3,673 units, while homeowners live in 3,994 properties.
Median number of rooms of renter-occupied housing units**
4.5
Renter median household income**
$42,796
Average household size of renter-occupied housing units**
2.65
Rental vacancy rate**
11.7%
Bethany, Oklahoma Renter-occupied housing units by no. of bedrooms**
There are 1,294 rentals in Bethany, Oklahoma with 2 beds making up the highest share of the market, at 35%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 81 units. Overall, the median number of rooms in Bethany, Oklahoma homes for rent is 4.5.
Bethany, Oklahoma Renter-occupied units by age of householder**
Most condos for rent in Bethany, Oklahoma are occupied by residents in the 25 - 34 years age group (28%), followed by those in the 35 - 44 years age group (22%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Bethany, Oklahoma Renter-occupied housing units by family type**
Bethany, Oklahoma Renter-occupied housing units by the presence of own children**
A total of 2,279 apartments for rent in Bethany, Oklahoma, or 62% of all rentals are family households. Additionally, 43% of rental homes include children under the age of 18 – that’s 1,577 units. All in all, the median size of a renter-occupied household in Bethany, Oklahoma is 2.65.
Bethany, Oklahoma Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 19% of the rental market. In contrast, residents with less than a high school degree reside in 16% of the homes for rent in Bethany, Oklahoma.
Bethany, Oklahoma Renter-occupied units by year structure built**
The highest share of Bethany, Oklahoma apartment rentals, namely 37% or 1,356 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (22%, 826 units), and the ones Built 1950 - 1959 (14%, 531 units).
Bethany, Oklahoma Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Bethany, Oklahoma renters (44%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Bethany, Oklahoma condos for rent is 2016.
Bethany, Oklahoma Renter-occupied housing units by vehicles available**
When it comes to transportation options, 34% of Bethany, Oklahoma renters have 1 vehicle available per household, 32% of them have 2 vehicles available, and 15% have 3 vehicles available.
Bethany, Oklahoma Means of transportation to work of householders living in renter-occupied housing units**
Bethany, Oklahoma Geographical mobility in the past year for householders living in renter-occupied housing units**
Bethany, Oklahoma Average apartment rent by zip codes
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Bethany, Oklahoma apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
