Cedar Valley, 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 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
Cedar Valley, Oklahoma Average Apartment Rent
Cedar Valley, Oklahoma Apartment rent ranges
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**
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**
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**
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**
Cedar Valley, Oklahoma Renter-occupied housing units by the presence of own children**
Cedar Valley, Oklahoma Renter-occupied housing units by educational attainment**
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**
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**
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**
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**
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**
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