Bethel Acres, 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 Bethel Acres, Oklahoma rental market.
Bethel Acres, Oklahoma
Average Apartment Rent
$840
Y-o-Y Change in Average
Apartment Rent
1.2%
As of July 2024
Compared to a year ago, Bethel Acres, Oklahoma apartments have recorded a 1.2% rent increase.
Bethel Acres, Oklahoma Average apartment rent trend
Bethel Acres, Oklahoma Average Apartment Rent
Bethel Acres, Oklahoma Apartment rent ranges
At 93.33%, apartments priced $700 - $1000 represent the bulk of Bethel Acres, Oklahoma rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 0.74%.
Bethel Acres, Oklahoma Housing tenure**
Renters take up 12% of Bethel Acres, Oklahoma real estate, occupying a total of 124 units, while homeowners live in 925 properties.
Median number of rooms of renter-occupied housing units**
5.4
Renter median household income**
$43,125
Average household size of renter-occupied housing units**
3.13
Rental vacancy rate**
10.1%
Bethel Acres, Oklahoma Renter-occupied housing units by no. of bedrooms**
There are 83 rentals in Bethel Acres, Oklahoma with 3 beds making up the highest share of the market, at 67%. Units with 4 beds, on the other hand, hold the lowest percentage (4%), amounting to 5 units. Overall, the median number of rooms in Bethel Acres, Oklahoma homes for rent is 5.4.
Bethel Acres, Oklahoma Renter-occupied units by age of householder**
Most condos for rent in Bethel Acres, Oklahoma are occupied by residents in the 45 - 54 years age group (27%), followed by those in the 35 - 44 years age group (20%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 4%.
Bethel Acres, Oklahoma Renter-occupied housing units by family type**
Bethel Acres, Oklahoma Renter-occupied housing units by the presence of own children**
A total of 74 apartments for rent in Bethel Acres, Oklahoma, or 60% of all rentals are family households. Additionally, 47% of rental homes include children under the age of 18 – that’s 58 units. All in all, the median size of a renter-occupied household in Bethel Acres, Oklahoma is 3.13.
Bethel Acres, Oklahoma Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 7% of the rental market. In contrast, residents with less than a high school degree reside in 20% of the homes for rent in Bethel Acres, Oklahoma.
Bethel Acres, Oklahoma Renter-occupied units by year structure built**
The highest share of Bethel Acres, Oklahoma apartment rentals, namely 26% or 32 units, were Built 1960 - 1969, followed by those Built 1970 - 1979 (21%, 26 units), and the ones Built 1990 - 1999 (18%, 22 units).
Bethel Acres, Oklahoma Renter-occupied units by year householder moved in**
Median year renter moved into unit 2015
Most Bethel Acres, Oklahoma renters (49%) moved in 2010 to 2017, while only 4% of them moved in 2021 or later. Overall, the median year renters have occupied their Bethel Acres, Oklahoma condos for rent is 2015.
Bethel Acres, Oklahoma Renter-occupied housing units by vehicles available**
When it comes to transportation options, 28% of Bethel Acres, Oklahoma renters have 3 vehicles available per household, 28% of them have 2 vehicles available, and 27% have 1 vehicle available.
Bethel Acres, Oklahoma Means of transportation to work of householders living in renter-occupied housing units**
Bethel Acres, Oklahoma Geographical mobility in the past year for householders living in renter-occupied housing units**
Bethel Acres, 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 Bethel Acres, 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
