Choctaw, 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 Choctaw, Oklahoma rental market.
Choctaw, Oklahoma
Average Apartment Rent
$678
Y-o-Y Change in Average
Apartment Rent
-9.4%
As of March 2024
Compared to a year ago, Choctaw, Oklahoma apartments have recorded a -9.4% rent decrease.
Choctaw, Oklahoma Average apartment rent trend
Choctaw, Oklahoma Average Apartment Rent
Choctaw, Oklahoma Housing tenure**
Renters take up 10% of Choctaw, Oklahoma real estate, occupying a total of 453 units, while homeowners live in 3,900 properties.
Median number of rooms of renter-occupied housing units**
5.4
Renter median household income**
$72,083
Average household size of renter-occupied housing units**
3.55
Rental vacancy rate**
7.6%
Choctaw, Oklahoma Renter-occupied housing units by no. of bedrooms**
There are 207 rentals in Choctaw, Oklahoma with 3 beds making up the highest share of the market, at 46%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 8 units. Overall, the median number of rooms in Choctaw, Oklahoma homes for rent is 5.4.
Choctaw, Oklahoma Renter-occupied units by age of householder**
Most condos for rent in Choctaw, Oklahoma are occupied by residents in the 35 - 44 years age group (32%), followed by those in the 25 - 34 years age group (23%). At the same time, people in the 45 - 54 years age group make up the lowest share of the local rental market – 6%.
Choctaw, Oklahoma Renter-occupied housing units by family type**
Choctaw, Oklahoma Renter-occupied housing units by the presence of own children**
A total of 299 apartments for rent in Choctaw, Oklahoma, or 66% of all rentals are family households. Additionally, 46% of rental homes include children under the age of 18 – that’s 209 units. All in all, the median size of a renter-occupied household in Choctaw, Oklahoma is 3.55.
Choctaw, 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 2% of the homes for rent in Choctaw, Oklahoma.
Choctaw, Oklahoma Renter-occupied units by year structure built**
The highest share of Choctaw, Oklahoma apartment rentals, namely 27% or 122 units, were Built 1960 - 1969, followed by those Built 1970 - 1979 (18%, 83 units), and the ones Built 2000 - 2009 (15%, 68 units).
Choctaw, Oklahoma Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Choctaw, Oklahoma renters (54%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Choctaw, Oklahoma condos for rent is 2017.
Choctaw, Oklahoma Renter-occupied housing units by vehicles available**
When it comes to transportation options, 29% of Choctaw, Oklahoma renters have 2 vehicles available per household, 25% of them have 1 vehicle available, and 23% have 3 vehicles available.
Choctaw, Oklahoma Means of transportation to work of householders living in renter-occupied housing units**
Choctaw, Oklahoma Geographical mobility in the past year for householders living in renter-occupied housing units**
Choctaw, 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 Choctaw, 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
