Cedar Valley, Oklahoma Rental Market Trends

Disclaimer:

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 Cedar Valley, Oklahoma rental market.

Cedar Valley, Oklahoma

Average Apartment Rent

$725

Y-o-Y Change in Average
Apartment Rent

8.2%

As of November 2024

Compared to a year ago, Cedar Valley, Oklahoma apartments have recorded a 8.2% rent increase.

Cedar Valley, Oklahoma Average apartment rent trend

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Cedar Valley $535 $575 $607 $648 $679 $703 $670 $750 $703 $725
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Cedar Valley
National
Nov 2021
$535
$1,596
Mar 2022
$575
$1,635
Jul 2022
$607
$1,708
Nov 2022
$648
$1,726
Mar 2023
$679
$1,714
Jul 2023
$703
$1,739
Nov 2023
$670
$1,733
Mar 2024
$750
$1,727
Jul 2024
$703
$1,752
Nov 2024
$725
$1,748

Cedar Valley, Oklahoma Average Apartment Rent

Cedar Valley, Oklahoma Apartment rent ranges

Under $500
$500 - $700
$700 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 50%, apartments priced $700 - $1000 represent the bulk of Cedar Valley, Oklahoma rentals, while condos priced $500 - $700 hold the lowest share of the market – 50%.

Cedar Valley, Oklahoma Housing tenure**

Renter occupied housing units 33
Owner occupied housing units 158

Renters take up 17% of Cedar Valley, Oklahoma real estate, occupying a total of 33 units, while homeowners live in 158 properties.

Median number of rooms of renter-occupied housing units**

8

Renter median household income**

$123,565

Average household size of renter-occupied housing units**

1.58

Cedar Valley, Oklahoma Renter-occupied housing units by no. of bedrooms**

2 beds 29
3 beds 3
4 beds 1

There are 29 rentals in Cedar Valley, Oklahoma with 2 beds making up the highest share of the market, at 88%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 1 units. Overall, the median number of rooms in Cedar Valley, Oklahoma homes for rent is 8.

Cedar Valley, Oklahoma Renter-occupied units by age of householder**

25 - 34 years 1
35 - 44 years 2
45 - 54 years 2
65 - 74 years 27
75 - 84 years 1

Most condos for rent in Cedar Valley, Oklahoma are occupied by residents in the 65 - 74 years age group (82%), followed by those in the 45 - 54 years age group (6%). At the same time, people in the 25 - 34 years age group make up the lowest share of the local rental market – 3%.

Cedar Valley, Oklahoma Renter-occupied housing units by family type**

Family households 30
Non-Family Households 3

Cedar Valley, Oklahoma Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 0
No related children of the householder under 18 33

Cedar Valley, Oklahoma Renter-occupied housing units by educational attainment**

High school graduate (including equivalency) 2
Some college or associate's degree 3
Bachelor's degree or higher 28

In terms of education, renters holding bachelor degrees or higher make up 85% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Cedar Valley, Oklahoma.

Cedar Valley, Oklahoma Renter-occupied units by year structure built**

Built 2000 - 2009 28
Built 1990 - 1999 5

The highest share of Cedar Valley, Oklahoma apartment rentals, namely 85% or 28 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (15%, 5 units).

Cedar Valley, Oklahoma Renter-occupied units by year householder moved in**

Moved in 2018 to 2020 1
Moved in 2010 to 2017 5
Moved in 2000 to 2009 27

Median year renter moved into unit 2006

Most Cedar Valley, Oklahoma renters (82%) moved in 2000 to 2009, while only 3% of them moved in 2018 to 2020. Overall, the median year renters have occupied their Cedar Valley, Oklahoma condos for rent is 2006.

Cedar Valley, Oklahoma Renter-occupied housing units by vehicles available**

1 vehicle available 3
2 vehicles available 28
3 or more vehicles available 2

When it comes to transportation options, 85% of Cedar Valley, Oklahoma renters have 2 vehicles available per household, 9% of them have 1 vehicle available, and 6% have 3 or more vehicles available.

Cedar Valley, Oklahoma Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 3

When it comes to transportation options, 85% of Cedar Valley, Oklahoma renters have 2 vehicles available per household, 9% of them have 1 vehicle available, and 6% have 3 or more vehicles available.

Cedar Valley, Oklahoma Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 52

Cedar Valley, 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 Cedar Valley, 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

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